Where does the EU import rare-earth permanent magnets from?
China overwhelmingly dominates EU extra-EU imports in this product category. In H1 2026, imports originating in China were worth approximately €464.25 million, representing 90.53% of total import value.
The Philippines was the second-largest supplier at €19.44 million, followed by Vietnam at €8.72 million, Switzerland at €7.16 million and Japan at €5.72 million.
| Supplier | H1 2026 Import Value | Share |
|---|---|---|
| China | €464.25M | 90.53% |
| Philippines | €19.44M | 3.79% |
| Vietnam | €8.72M | 1.70% |
| Switzerland | €7.16M | 1.40% |
| Japan | €5.72M | 1.12% |
EU import dependence on China
More than nine euros out of every ten euros of EU extra-EU imports covered by CN 85051110 originated in China during H1 2026.
The gap between China and every other supplier is substantial: China's import value was more than twenty times that of the second-largest supplier, the Philippines.
This percentage applies only to extra-EU imports classified under CN 85051110 and must not be extrapolated to the entire EU rare-earth market.
What does CN 85051110 cover?
Extra-EU imports under CN code 85051110, covering metal permanent magnets and articles intended to become permanent magnets after magnetization containing neodymium, praseodymium, dysprosium or samarium.
Scope limitation: This dataset does not represent the total EU rare-earth market, EU production, EU consumption, installed capacity, all permanent magnets or all rare-earth materials.
H1 2025 vs H1 2026
EU extra-EU import value increased by 38.00% year over year, reaching €512.79 million in January–June 2026. Physical imports reached 13.09 million kilograms.
Methodology & source
Extra-EU imports under CN code 85051110, covering metal permanent magnets and articles intended to become permanent magnets after magnetization containing neodymium, praseodymium, dysprosium or samarium.
2026 figures currently cover January through June. Trade statistics may be revised by Eurostat after initial publication. No total-market size is inferred.