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811291 (Harmonized System 1992 for 6-digit)

2022
World Trade $773MRnk 2468 / 4648
2022
Top Exporter | Top Importer $218M | $197MChina | United States
2022
Product Complexity 0.38Rnk 1850 / 4653
2021 - 2022
Export Growth (CAGR) 47.3%Rnk 181 / 4648
2022
Share of World Trade 0.0033%Rnk 2468 / 4648

About

Overview This page contains the latest trade data of Rare earths/metals nes, unwrought/waste or scrap. In 2022, Rare earths/metals nes, unwrought/waste or scrap were the world's 2468th most traded product, with a total trade of $773M. Between 2021 and 2022 the exports of Rare earths/metals nes, unwrought/waste or scrap grew by 47.3%, from $525M to $773M. Trade in Rare earths/metals nes, unwrought/waste or scrap represent 0.0033% of total world trade.

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

Exports In 2022 the top exporters of Rare earths/metals nes, unwrought/waste or scrap  were China ($218M), Brazil ($128M), Germany ($105M), Hong Kong ($35.9M), and United States ($35.8M).

Imports In 2022 the top importers of Rare earths/metals nes, unwrought/waste or scrap were United States ($197M), China ($92.6M), South Korea ($77.8M), Japan ($76.4M), and Germany ($54.3M).

Ranking Rare earths/metals nes, unwrought/waste or scrap ranks 1850th in the Product Complexity Index (PCI).

Description -

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 (2022)China$218M
Top Destination (2022)United States$197M

In 2022 Rare earths/metals nes, unwrought/waste or scrap were the world's 2468th most traded product (out of 4,648).

In 2022, the top exporters of Rare earths/metals nes, unwrought/waste or scrap were China ($218M), Brazil ($128M), Germany ($105M), Hong Kong ($35.9M), and United States ($35.8M).

In 2022, the top importers of Rare earths/metals nes, unwrought/waste or scrap were United States ($197M), China ($92.6M), South Korea ($77.8M), Japan ($76.4M), and Germany ($54.3M).

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Exporters of Rare earths/metals nes, unwrought/waste or scrap (2022)
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Importers of Rare earths/metals nes, unwrought/waste or scrap (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$92.8M
Top Destination Growth (2021 -  2022)United States$127M

Between 2021 and 2022, the exports of Rare earths/metals nes, unwrought/waste or scrap grew the fastest in Brazil ($92.8M), China ($71.9M), Germany ($52.6M), Hong Kong ($23.4M), and Australia ($18.1M).

Between 2021 and 2022, the fastest growing importers of Rare earths/metals nes, unwrought/waste or scrap were United States ($127M), China ($42.5M), Germany ($25.3M), Singapore ($25M), and South Korea ($23.4M).

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Exporters of Rare earths/metals nes, unwrought/waste or scrap (2021 - 2022)

Importers of Rare earths/metals nes, unwrought/waste or scrap (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.55. This means that most of the exports of Rare earths/metals nes, unwrought/waste or scrap are explained by 11 countries.

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

Net Trade

TOP NET EXPORTER (2022)Brazil$127M
TOP NET IMPORTER (2022)United States$161M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Rare earths/metals nes, unwrought/waste or scrap were Brazil ($127M), China ($126M), Germany ($50.5M), Canada ($19.9M), and Russia ($14M).

In 2022, 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 ($161M), Japan ($49.3M), South Korea ($44.5M), United Kingdom ($28.9M), and Singapore ($23.2M).

Net Trade (2022)

Country Comparison

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Measure
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 (2022)

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