China significantly increased exports of rare earth magnets again in November, according to the latest foreign trade data from the country. At just under 6,150 tonnes, export volumes were roughly in line with August 2025 levels, though still below the record high recorded last January. Compared with the previous month, exports rose by more than 12 percent. As in September, the main destination countries were Germany, South Korea, the United States, Vietnam, and India.
Chinese rare earth magnet exports over the last months
Exports of rare earth magnets had fallen sharply several months ago after Beijing introduced export controls on certain rare earth elements and products derived from them. Because many types of magnets contain raw materials such as dysprosium or terbium that fall under the new regulations, while customs codes do not allow for differentiation by specific material composition, approval procedures for rare earth magnets were delayed across the board.
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