China: Rare Earth Exports Increase Year-on-Year

by | 12. Apr 2024 - 13:13 | Economy

China published rare earth export figures for March on Friday. According to data from the customs authority, exports rose by almost six percent year-on-year to around 4,710 tons.

A total of 8,774 tons were reported in January and February. Trade data for the two months are always combined to compensate for the impact of the Chinese New Year on the statistics.

According to Reuters, the other import and export data for the People’s Republic was unexpectedly negative. Both imports and exports fell and failed to meet forecasts. Following the coronavirus pandemic, the country is also struggling with a protracted real estate crisis and problems with domestic consumption.


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