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Wednesday, 12. August 2026

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Rare Earth Magnets: China’s Exports Rise Sharply

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China’s exports of rare earth magnets increased significantly in June. A total of 5,649 tonnes of the high-tech components were shipped abroad, up from 4,730 tonnes in May, representing an increase of around 19 percent. As in the previous month, the main destinations were Germany, South Korea, the United States, Vietnam and India, according to the latest data from Chinese customs authorities.

Rare earths magnets China export June 2026
Rare earths magnets: China’s exports over the last year

Exports were also substantially higher than a year earlier. In June 2025, China had shipped just 3,188 tonnes. At the time, export controls on certain rare earth products introduced in early April 2025 were likely still affecting trade flows. The new regulations caused delivery delays lasting several months in some cases, partly because exporters were required to provide additional documentation on the composition of the magnets.

Photo: GREGLAURENTIU via Canva

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