Compounds of rare-earth metals, of yttrium or of scandium or of mixtures of these metals | Imports and Exports | 2023

In 2023, the world imports of "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" exceeded $2.88 billion (according to external trade statistics of 115 countries). It was $2.31 billion in the previous year (according to merchandise trade statistics of 110 countries).

Top importers of Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals in 2023

The world's largest importers of this commodity group in 2023:

• China - 65% of the world imports ($1.88 billion)
• Japan - 10.5% ($303 million)
• USA - 6.29% ($181 million)
• Philippines - 3.52% ($101 million)
• Thailand - 3.38% ($97 million)

«Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals» accounted for a substantial share of total imports of

• North Macedonia - 0.145% of North Macedonia's total imports in 2023 ($17.5 million of $12 billion)
• Estonia - 0.087% ($20 million of $23 billion)
• Philippines - 0.075% ($101 million of $133 billion)
• China - 0.073% ($1.88 billion of $2.55 trillion)
• Japan - 0.04% ($303 million of $751 billion)
• Thailand - 0.033% ($97 million of $288 billion)

According to statistics provided by the major importers, the largest flows of imports of «Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals» in 2023:

• Imports to China from Japan (1.14% of the world imports, $33 million according to external trade statistics of China)
• Imports to China from Laos (3.59% of the world imports, $103 million according to external trade statistics of China)
• Imports to China from Malaysia (7.45% of the world imports, $214 million according to external trade statistics of China)
• Imports to China from Myanmar (50% of the world imports, $1.44 billion according to external trade statistics of China)
• Imports to China from Vietnam (1.59% of the world imports, $45 million according to external trade statistics of China)
• Imports to Japan from China (7.58% of the world imports, $218 million according to external trade statistics of Japan)
• Imports to Japan from France (1.26% of the world imports, $36 million according to external trade statistics of Japan)
• Imports to Philippines from Japan (2.13% of the world imports, $61 million according to external trade statistics of Philippines)
• Imports to Thailand from Malaysia (2.67% of the world imports, $76 million according to external trade statistics of Thailand)
• Imports to USA from China (3.85% of the world imports, $111 million according to external trade statistics of USA)

In 2023, the world exports of "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" exceeded $1.89 billion (according to external trade statistics of 54 countries). It was $2.54 billion in the previous year (according to merchandise trade statistics of 56 countries).

There are no trade data (2023) for such exporters as Korea (0.871% of the world exports in 2022), Philippines (0.187%)

Top exporters of Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals in 2023

The world's largest exporters of this commodity group in 2023:

• China - 27% of the world exports ($528 million)
• Malaysia - 24% ($472 million)
• USA - 19.2% ($363 million)
• Japan - 13.1% ($248 million)
• France - 3.92% ($74 million)

«Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals» accounted for a substantial share of total exports of

• Estonia - 0.174% of Estonia's total exports in 2023 ($35 million of $20 billion)
• Malaysia - 0.151% ($472 million of $312 billion)
• Japan - 0.034% ($248 million of $717 billion)
• USA - 0.018% ($363 million of $2.01 trillion)

According to statistics provided by the major exporters, the largest flows of exports of «Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals» in 2023:

• Exports from China to Japan: (11.7% of the world exports, $222 million according to external trade statistics of China)
• Exports from China to Korea: (2.26% of the world exports, $42 million according to external trade statistics of China)
• Exports from China to USA: (5.58% of the world exports, $105 million according to external trade statistics of China)
• Exports from Japan to Philippines: (2.2% of the world exports, $41 million according to external trade statistics of Japan)
• Exports from Japan to Vietnam: (2.77% of the world exports, $52 million according to external trade statistics of Japan)
• Exports from Malaysia to China: (8.32% of the world exports, $157 million according to external trade statistics of Malaysia)
• Exports from Malaysia to Japan: (9.28% of the world exports, $175 million according to external trade statistics of Malaysia)
• Exports from Malaysia to Thailand: (3.13% of the world exports, $59 million according to external trade statistics of Malaysia)
• Exports from Malaysia to Vietnam: (3.42% of the world exports, $64 million according to external trade statistics of Malaysia)
• Exports from USA to China: (16.8% of the world exports, $318 million according to external trade statistics of USA)