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811291 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.3BRnk 1818 / 4644
2023
Top Exporter | Top Importer $318M | $369MChina | China
2023
Product Complexity 0.36Rnk 1912 / 4656
2022 - 2023
Export Growth (CAGR) 63.4%Rnk 53 / 4644
2023
Share of World Trade 0.0058%Rnk 1818 / 4644

About

Overview This page contains the latest trade data of Rare earths/metals nes, unwrought/waste or scrap. In 2023, Rare earths/metals nes, unwrought/waste or scrap were the world's 1818th most traded product, with a total trade of $1.3B. Between 2022 and 2023 the exports of Rare earths/metals nes, unwrought/waste or scrap grew by 63.4%, from $799M to $1.3B. Trade in Rare earths/metals nes, unwrought/waste or scrap represent 0.0058% of total world trade.

Rare earths/metals nes, unwrought/waste or scrap are a part of Other Metals.

Exports In 2023 the top exporters of Rare earths/metals nes, unwrought/waste or scrap  were China ($318M), Hong Kong ($193M), Brazil ($157M), Germany ($148M), and Singapore ($128M).

Imports In 2023 the top importers of Rare earths/metals nes, unwrought/waste or scrap were China ($369M), United States ($317M), Hong Kong ($106M), South Korea ($84.2M), and Japan ($83M).

Ranking Rare earths/metals nes, unwrought/waste or scrap ranks 1912th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Rare earths/metals nes, unwrought/waste or scrap. Countries are shown based on data availability.

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

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* 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.

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Historical Data

Exporters and Importers

Top Origin (2023)China$318M
Top Destination (2023)China$369M

In 2023 Rare earths/metals nes, unwrought/waste or scrap were the world's 1818th most traded product (out of 4,644).

In 2023, the top exporters of Rare earths/metals nes, unwrought/waste or scrap were China ($318M), Hong Kong ($193M), Brazil ($157M), Germany ($148M), and Singapore ($128M).

In 2023, the top importers of Rare earths/metals nes, unwrought/waste or scrap were China ($369M), United States ($317M), Hong Kong ($106M), South Korea ($84.2M), and Japan ($83M).

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Exporters of Rare earths/metals nes, unwrought/waste or scrap (2023)
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Importers of Rare earths/metals nes, unwrought/waste or scrap (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$157M
Top Destination Growth (2022 -  2023)China$272M

Between 2022 and 2023, the exports of Rare earths/metals nes, unwrought/waste or scrap grew the fastest in Hong Kong ($157M), Singapore ($122M), China ($96.2M), Germany ($61.2M), and Netherlands ($33.8M).

Between 2022 and 2023, the fastest growing importers of Rare earths/metals nes, unwrought/waste or scrap were China ($272M), United States ($111M), Hong Kong ($59.8M), France ($26.9M), and United Kingdom ($20.2M).

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Exporters of Rare earths/metals nes, unwrought/waste or scrap (2022 - 2023)

Importers of Rare earths/metals nes, unwrought/waste or scrap (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rare earths/metals nes, unwrought/waste or scrap.

In 2023, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Rare earths/metals nes, unwrought/waste or scrap are explained by 12 countries.

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Value of Exports in Rare earths/metals nes, unwrought/waste or scrap

Net Trade

TOP NET EXPORTER (2023)Brazil$157M
TOP NET IMPORTER (2023)United States$279M

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

In 2023, the countries that had a largest trade value in exports than in imports of Rare earths/metals nes, unwrought/waste or scrap were Brazil ($157M), Singapore ($108M), Germany ($88.2M), Hong Kong ($87M), and Chile ($23.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Rare earths/metals nes, unwrought/waste or scrap were United States ($279M), South Korea ($55.9M), China ($50.9M), Japan ($49.8M), and United Kingdom ($36.3M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Rare earths/metals nes, unwrought/waste or scrap 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)

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