811299 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Articles of rare earths/metals nes. In 2023, Articles of rare earths/metals nes were the world's 2852nd most traded product, with a total trade of $502M. Between 2022 and 2023 the exports of Articles of rare earths/metals nes decreased by -3.24%, from $519M to $502M. Trade in Articles of rare earths/metals nes represent 0.0022% of total world trade.

Articles of rare earths/metals nes are a part of Other Metals.

Exports In 2023 the top exporters of Articles of rare earths/metals nes  were United States ($121M), China ($117M), Brazil ($89.3M), Germany ($29.5M), and Singapore ($25M).

Imports In 2023 the top importers of Articles of rare earths/metals nes were Germany ($66.3M), China ($65.7M), United States ($62.9M), Japan ($50.3M), and Malaysia ($34.8M).

Ranking Articles of rare earths/metals nes ranks 1628th in the Product Complexity Index (PCI).

Description Rare metals are only found in small quantities, but they are used in a variety of ways. The most common uses of rare metals are in catalysts for the refining of petroleum products. Rare metal catalysts are also used in the chemical industry to produce paints, fertilizers, and pharmaceuticals, as well as in photography.

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Articles of rare earths/metals nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)United States$121M
Top Destination (2023)Germany$66.3M

In 2023 Articles of rare earths/metals nes were the world's 2852nd most traded product (out of 4,644).

In 2023, the top exporters of Articles of rare earths/metals nes were United States ($121M), China ($117M), Brazil ($89.3M), Germany ($29.5M), and Singapore ($25M).

In 2023, the top importers of Articles of rare earths/metals nes were Germany ($66.3M), China ($65.7M), United States ($62.9M), Japan ($50.3M), and Malaysia ($34.8M).

Explore Visualizations

Exporters of Articles of rare earths/metals nes (2023)
[Click to Select a Country]

Importers of Articles of rare earths/metals nes (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$23.8M
Top Destination Growth (2022 -  2023)Australia$19.2M

Between 2022 and 2023, the exports of Articles of rare earths/metals nes grew the fastest in Singapore ($23.8M), Germany ($16.2M), United Kingdom ($8.31M), South Korea ($7.32M), and Belgium ($5.48M).

Between 2022 and 2023, the fastest growing importers of Articles of rare earths/metals nes were Australia ($19.2M), China ($14.5M), Japan ($13.5M), Italy ($9.75M), and Chinese Taipei ($6.86M).

Explore Visualizations

Exporters of Articles of rare earths/metals nes (2022 - 2023)

Importers of Articles of rare earths/metals nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles of rare earths/metals nes.

In 2023, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Articles of rare earths/metals nes are explained by 9 countries.

Explore Visualizations

Value of Exports in Articles of rare earths/metals nes

Net Trade

TOP NET EXPORTER (2023)Brazil$87.9M
TOP NET IMPORTER (2023)Germany$36.8M

This map shows which countries export or import more of Articles of rare earths/metals nes. Each country is colored based on the difference in exports and imports of Articles of rare earths/metals nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Articles of rare earths/metals nes were Brazil ($87.9M), United States ($58.1M), China ($51.7M), Chile ($16.5M), and Belgium ($16M).

In 2023, the countries that had a largest trade value in imports than in exports of Articles of rare earths/metals nes were Germany ($36.8M), Malaysia ($34.4M), Japan ($33.1M), Australia ($19.7M), and Hong Kong ($17.3M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Articles of rare earths/metals nes.
It is possible to select the main countries that export or import Articles of rare earths/metals nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Articles of rare earths/metals nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with