China Exports More Rare Earths in April

by | 9. May 2023 - 09:47 | Economy

Rare earth exports from China increased by 3.3 percent in April compared to the same month last year. Reuters reported, based on data from the Customs Administration, that the total volume was 4,574 tons, up 128 tons from the previous month of March (4,446 tons). Overall, exports from China grew 8.5 percent in April, according to reports including the South China Morning Post. This exceeded expectations, the newspaper said, but growth was still lower than in March (up 14.8 percent). On the import side, a minus of 7.9 percent was recorded, for example, trade with the U.S. and the European Union declined compared to last year, writes the Associated Press.

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