🇺🇸 United States imports of rare earth compound: 2024 trade data
In 2024, the United States imported rare earth compound worth $170.9 million (13.8 thousand tonnes). That makes it the 4th largest importer of this product worldwide, out of 138 countries. Value fell 4% from 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest reported year 2024. Values in US dollars.
Imports of rare earth compound by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $170.9M | 13.8K t |
| 2023 | $177.7M | 14.7K t |
| 2022 | $199.6M | 16.6K t |
| 2021 | $138.5M | 7.7K t |
| 2020 | $99.9M | 6.8K t |
| 2019 | $150.8M | 20.6K t |
| 2018 | $151.5M | 17.9K t |
| 2017 | $128.8M | 17.8K t |
Where the United States imports rare earth compound from
One supplier dominates: China accounted for 67% of the value.
| Supplier country | Value | Share |
|---|---|---|
| 🇨🇳 China | $114.3M | 67% |
| 🇯🇵 Japan | $21.2M | 12% |
| 🇫🇷 France | $10.8M | 6.3% |
| 🇦🇹 Austria | $4.7M | 2.8% |
| 🇿🇦 South Africa | $4.5M | 2.6% |
| 🇪🇪 Estonia | $2.4M | 1.4% |
| 🇩🇪 Germany | $1.9M | 1.1% |
| 🇲🇾 Malaysia | $1.9M | 1.1% |
| 🇨🇦 Canada | $1.9M | 1.1% |
| 🇰🇷 South Korea | $1.8M | 1.1% |
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 | 88% |
| 2846.10 | Cerium compounds | 12% |
Codes and full descriptions: HS heading 2846.
Average import price of rare earth compound
The average declared value was about $12.42 per kg, close to the world average of $12.74.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
The United States also exports rare earth compound
The United States exported $93.2 million of rare earth compound in 2024 (5.3 thousand tonnes). That makes it the 6th largest exporter of this product worldwide, out of 75 countries. The largest buyer markets were Vietnam (31%), China (19%), South Korea (9%). Among the main buyer markets, Thailand grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| 🇻🇳 Vietnam | $29.1M | 31% |
| 🇨🇳 China | $18.1M | 19% |
| 🇰🇷 South Korea | $8.6M | 9.3% |
| Taiwan | $8.6M | 9.2% |
| 🇲🇽 Mexico | $5.2M | 5.6% |
| 🇹🇭 Thailand | $4.9M | 5.3% |
| 🇵🇭 Philippines | $3.7M | 4% |
| 🇭🇰 Hong Kong | $2.3M | 2.5% |
| 🇫🇷 France | $1.8M | 1.9% |
| 🇩🇪 Germany | $1.7M | 1.8% |
Who is behind these numbers in the United States?
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 States: questions
What is the value of rare earth compound imported by the United States?
The United States imported rare earth compound worth $170.9 million in 2024 (13.8 thousand tonnes).
Where does the United States import rare earth compound from?
The main supplier countries in 2024 were China (67%), Japan (12%), France (6%).
What is the average import price of rare earth compound in the United States?
The average declared import value was about $12.42 per kg in 2024, against a world average of $12.74 per kg.
Does the United States export rare earth compound?
Yes. The United States exported rare earth compound worth $93.2 million in 2024, mainly to Vietnam, China, South Korea.
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 States?
These public statistics stop at country level. EximDataX has a direct customs feed for the United States with shipment-level records, updated weekly, where you can see the importers and exporters by name.
Rare earth compound trade in other countries
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.