US EditionChina’s Magnet Exports to US Slammed in May as Rare Earth Curbs Hit: Data
- China’s magnet exports to the US sharply declined in May 2025, with shipments dropping 93.3 percent year on year to 46.4 tonnes amid export controls.
- The decline occurred after Beijing implemented export restrictions in response to Washington’s extensive tariffs on Chinese products amid escalating tensions between the two largest global economies.
- Exports of magnets to major markets also fell steeply last month, including a 70 percent drop to Germany and an 84.1 percent fall to Japan, pressuring US manufacturers in critical sectors.
- China accelerated rare earth export license reviews in line with laws, and Ministry spokesperson He Yadong said the country aims to "enhance communication and dialogue" and "promote compliant trade."
- This export reduction highlights the US’s ongoing dependency on China for rare earth elements, underscoring strategic vulnerabilities in defense and technology supply chains.
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Jim Farley warns that China’s dominance over rare earth minerals poses a critical risk to the automotive industry
Chinese exports of rare earth magnets fell by 52.9% in May compared to April. China is the world's leading producer of rare earths, with about 90%
·Milan, Italy
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Leaning Left3Leaning Right2Center1Last UpdatedBias Distribution50% Left
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- 50% of the sources lean Left
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L 50%
C 17%
R 33%
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