China | Imports and Exports | World | Compounds of rare-earth metals, of yttrium or of scandium or of mixtures of these metals | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 2846 "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" from China totalled $ 528 million in 2023. Sales of commodity group 2846 from China decreased by 21% in value terms compared to 2022. exports of commodity group 2846 "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" decreased by $ 142 million (cumulative exports of commodity group 2846 from China amounted $670 million in 2022)
Exports of commodity group 2846 "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" amounted to 0.015% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 2846 in total exports from China decreased by 0.003 p.p. compared to 2022 (it was 0.018% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Exports of commodity group 2846 amounted to 1.54% of total sales of group "" from China in 2023 (the value of exports of commodity group from China amounted to $34 billion in 2023). The share of exports of commodity group 2846 in sales of commodity group from China lowered by 0.16 p.p. compared to 2022 (it was 1.7% in 2022, and exports of commodity group from China were $39 billion).
Where does China export Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals?
Top export destinations of "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" from China in 2023:
- Japan with a share of 42% (222 million US$)
- USA with a share of 20% (105 million US$)
- Korea with a share of 8.11% (42 million US$)
- Vietnam with a share of 6.16% (32 million US$)
- Netherlands with a share of 4.68% (24 million US$)
- Thailand with a share of 3.22% (17 million US$)
- Germany with a share of 2.76% (14.6 million US$)
- Russia with a share of 2.36% (12.4 million US$)
- Other Asia, nes with a share of 2.19% (11.6 million US$)
- Italy with a share of 2% (10.6 million US$)
Exports structure of 2846 - Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals - from China in 2023 represented by the following main commodity groups:
- 96% (512 million US$): 284690 - Compounds, inorganic/organic, of rare-earth metals/yttrium/scandium/mixtures. of these metals, other than cerium compounds
- 3.09% (16.3 million US$): 284610 - Cerium compounds
The value of imports of commodity group 2846 "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" to China totalled $ 1.88 billion in 2023. Sales of commodity group 2846 to China went up by 76% compared to 2022: imports of commodity group 2846 "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" went up by $ 817 million (the value of imports of commodity group 2846 to China was equal to $1.06 billion in 2022)
Imports of commodity group 2846 "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals" accounted for 0.073% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 2846 in total imports to China increased by 0.034 p.p. compared to 2022 (it was 0.039% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Imports of commodity group 2846 reached 7.2% of total imports of group "" to China in 2023 (imports of commodity group to China totalled $26 billion in 2023). The share of purchases of commodity group 2846 in total imports of commodity group to China increased by 3.1 p.p. compared to 2022 (it was 4.1% in 2022, and imports of commodity group to China accounted for $25 billion).
Where does China import Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals from?
Top trading partners (import of "Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals") of China in 2023:
- Myanmar with a share of 76% (1.44 billion US$)
- Malaysia with a share of 11.4% (214 million US$)
- Laos with a share of 5.5% (103 million US$)
- Vietnam with a share of 2.43% (45 million US$)
- Japan with a share of 1.75% (33 million US$)
- Kazakhstan - 9.02 million US$
- USA - 8.71 million US$
- Korea - 4.59 million US$
- India - 4.33 million US$
- Estonia - 4.1 million US$
Imports structure of 2846 - Compounds, inorganic or organic, of rare-earth metals, of yttrium or of scandium or of mixtures of these metals - to China in 2023 represented by the following main commodity groups:
- 99% (1.87 billion US$): 284690 - Compounds, inorganic/organic, of rare-earth metals/yttrium/scandium/mixtures. of these metals, other than cerium compounds
- 0.426% (8.02 million US$): 284610 - Cerium compounds
