China Rare Earth & Magnet Exports 2024

Rare earth compounds (oxides, fluorides, chlorides, carbonates, etc.)

As rare earth compounds China exported 46,534 t in 2024 (+8.6%).
The value of China’s rare earth compound exports was US$424 mio in 2024 (
-20%).
68% of China’s rare earth compounds export volume were uneconomic lanthanum and cerium compounds.

China rare earth compounds exports by destination:


RE Exports Destination Quantity
RE Exports Destination Value

China rare earth permanent magnet exports:

Exports of rare earth permanent magnets, SmCo and NdFeb, were flat year on year.
China exported 58,147 t of rare earth permanent magnets in 2024, after 52,659 t in 2023. Export revenue for these magnets was US$2.9 billion after US$3.2 billion in 2023.
REPM QTY 2024

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