🇬🇧 United Kingdom exports of rare earth compound: 2024 trade data
In 2024, the United Kingdom exported rare earth compound worth $9.0 million (436 tonnes). Value rose 5% on 2023. Over 2017-2024 it shrank by about 13% a year on average. The peak in this period was 2017, at $23.9 million.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of rare earth compound by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $9.0M | 437 t |
| 2023 | $8.6M | 328 t |
| 2022 | $6.4M | 223 t |
| 2021 | $6.4M | 171 t |
| 2020 | $5.4M | 235 t |
| 2019 | $8.0M | 262 t |
| 2018 | $19.0M | 1.3K t |
| 2017 | $23.9M | 1.0K t |
Where the United Kingdom exports rare earth compound to
North Macedonia alone took 65% of it. Among the main buyer markets, Spain grew fastest (+597% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇲🇰 North Macedonia | $5.9M | 65% |
| 🇵🇱 Poland | $787K | 8.7% |
| 🇩🇪 Germany | $489K | 5.4% |
| 🇨🇳 China | $468K | 5.2% |
| 🇪🇸 Spain | $458K | 5.1% |
| 🇫🇷 France | $262K | 2.9% |
| 🇯🇵 Japan | $117K | 1.3% |
| 🇧🇪 Belgium | $73K | 0.8% |
| 🇺🇸 United States | $59K | 0.7% |
| 🇨🇾 Cyprus | $45K | 0.5% |
Types of rare earth compound under HS 2846
| 2846.90 | Compounds, inorganic or organic (excluding cerium), of rare-earth metals, of yttrium, scandium or of mixtures of these metals | 82% |
| 2846.10 | Cerium compounds | 18% |
Codes and full descriptions: HS heading 2846.
Average export price of rare earth compound
The average declared value was about $20.68 per kg, 62% above the world average of $12.74. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United Kingdom also imports rare earth compound
In 2024, the United Kingdom imported rare earth compound worth $6.8 million (673 tonnes). The largest suppliers were Italy (26%), China (20%), Thailand (10%). Among the main suppliers, Thailand grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇮🇹 Italy | $1.8M | 26% |
| 🇨🇳 China | $1.4M | 20% |
| 🇹🇭 Thailand | $675K | 9.9% |
| 🇺🇸 United States | $654K | 9.6% |
| 🇦🇹 Austria | $587K | 8.6% |
| 🇪🇪 Estonia | $481K | 7% |
| 🇯🇵 Japan | $474K | 6.9% |
| 🇫🇷 France | $363K | 5.3% |
| 🇩🇪 Germany | $153K | 2.2% |
| 🇱🇹 Lithuania | $54K | 0.8% |
Who is behind these numbers in the United Kingdom?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2846: Compounds, inorganic or organic, of rare-earth metals; of yttrium or of scandium or of mixtures of these metals.
Rare earth compound trade in the United Kingdom: questions
What is the value of rare earth compound imported by the United Kingdom?
The United Kingdom imported rare earth compound worth $6.8 million in 2024 (673 tonnes).
Where does the United Kingdom import rare earth compound from?
The main supplier countries in 2024 were Italy (26%), China (20%), Thailand (10%).
What is the average import price of rare earth compound in the United Kingdom?
The average declared import value was about $10.16 per kg in 2024, against a world average of $12.74 per kg.
Does the United Kingdom export rare earth compound?
Yes. The United Kingdom exported rare earth compound worth $9.0 million in 2024, mainly to North Macedonia, Poland, Germany.
What is the HS code for rare earth compound?
Rare earth compound falls under HS heading 2846 (Compounds, inorganic or organic, of rare-earth metals; of yttrium or of scandium or of mixtures of these metals). The six-digit codes under it split the product by type.
How can I find the companies trading rare earth compound with the United Kingdom?
These public statistics stop at country level. EximDataX has a direct customs feed for the United Kingdom with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Rare earth compound trade in other countries
More trade data for the United Kingdom
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