From January to April, the growth rate of China’s exports of rare earth permanent magnets to the United States decreased. Customs statistical data analysis shows that from January to April 2023, China’s exports of rare earth permanent magnets to the United States reached 2195 tons, a year-on-year increase of 1.3% and a significant decrease.
| Jan-April | 2022 | 2023 |
| Quantity（kg） | 2166242 | 2194925 |
| Amount in USD | 135504351 | 148756778 |
| Quantity year-on-year | 16.5% | 1.3% |
| Amount year-on-year | 56.9% | 9.8% |
In terms of export value, the growth rate also significantly decreased to 9.8%.