Rare Earth Magnets: China’s Exports Remain Largely Stable

China’s exports of rare earth magnets remain at a relatively stable level. In August, 5,011 metric tons were exported, almost seven percent less than in the previous month. As in July, Germany remained the largest destination, receiving 1,045 tons – almost twice as much as South Korea. The United States, Vietnam and India followed.

Our chart shows how exports have developed over the course of the year.

Photo: iStock/pixelmaniak