T3 · Product exporter position

China exports of Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal (HS 850519)

See where China stands in magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 850519Latest year 2024Stable

Latest exports

$810.3MLatest observed lane total

Destination markets

185Reported active markets

Three-year growth

+2.6%Annualized change

Destination HHI

601Destination concentration

Weighted share

60.6%Reported market position

Exporter evidence

How strong is China in Magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal?

Reported exporter totals and calculated indicators for HS 850519. Values retain their observed coverage period.

Exporter scale

Latest exports$810.3M
Current 2024 exports$810.0M
Three-year average$797.9M
Historical peak$1.1B

Market position

Active destinations185
Destination HHI601
Weighted share60.6%
Share change+2.2 pp

Competitiveness

Three-year growth+2.6%
Volatility0.8
Maximum drawdown43.1%
TrendStable
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$810.3MSum of latest observed destination-lane values
Current 2024 exports$810.0MCommon-year comparison where reported
Three-year growth+2.6%Annualized change in exporter totals
Five-year growth+6.7%Annualized change in exporter totals
Leading destinationVNMDestination with the largest observed export value
Leading destination share16.3%Share of observed exporter totals
Destination concentration601HHI across destination markets
Weighted share change+2.2 ppValue-weighted latest change in market share
Limited-history lanes4.6%Share of lanes with shorter history

Destination markets

Where does China sell magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Viet Nam$131.8M87%+1.9%FTA reportedAccelerating
Germany$74.4M55.9%+7.1%0% tariffAccelerating
Japan$48.7M78.1%+2.3%0% tariffGrowing
India$47.6M66.2%+13.9%0.5% tariffAccelerating
Mexico$45.9M48.2%+10.3%0.1% tariffAccelerating
USA, Puerto Rico and US Virgin Islands$44.9M37.7%-1%0% tariffGrowing
Republic of Korea$39.1M84%-2.2%FTA reportedGrowing
Thailand$37.9M47.9%+9.3%FTA reportedAccelerating
Italy$33.0M58.4%-7.4%0% tariffGrowing
Philippines$24.9M45.1%+59%FTA reportedAccelerating
France$21.1M44.8%-0%0% tariffGrowing
Poland$20.2M55.4%-5.3%0.1% tariffGrowing
Malaysia$19.6M50.1%+9.3%FTA reportedGrowing
United Kingdom$16.3M69%+15.6%Not reportedGrowing
Indonesia$15.5M59.2%+5.7%FTA reportedAccelerating

Destination

Viet Nam

Latest exports
$131.8M
Market share
87%
Growth
+1.9%
Access
FTA reported
Signal
Accelerating

Destination

Germany

Latest exports
$74.4M
Market share
55.9%
Growth
+7.1%
Access
0% tariff
Signal
Accelerating

Destination

Japan

Latest exports
$48.7M
Market share
78.1%
Growth
+2.3%
Access
0% tariff
Signal
Growing

Destination

India

Latest exports
$47.6M
Market share
66.2%
Growth
+13.9%
Access
0.5% tariff
Signal
Accelerating

Destination

Mexico

Latest exports
$45.9M
Market share
48.2%
Growth
+10.3%
Access
0.1% tariff
Signal
Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$44.9M
Market share
37.7%
Growth
-1%
Access
0% tariff
Signal
Growing

Destination

Republic of Korea

Latest exports
$39.1M
Market share
84%
Growth
-2.2%
Access
FTA reported
Signal
Growing

Destination

Thailand

Latest exports
$37.9M
Market share
47.9%
Growth
+9.3%
Access
FTA reported
Signal
Accelerating

Destination

Italy

Latest exports
$33.0M
Market share
58.4%
Growth
-7.4%
Access
0% tariff
Signal
Growing

Destination

Philippines

Latest exports
$24.9M
Market share
45.1%
Growth
+59%
Access
FTA reported
Signal
Accelerating

Destination

France

Latest exports
$21.1M
Market share
44.8%
Growth
-0%
Access
0% tariff
Signal
Growing

Destination

Poland

Latest exports
$20.2M
Market share
55.4%
Growth
-5.3%
Access
0.1% tariff
Signal
Growing

Destination

Malaysia

Latest exports
$19.6M
Market share
50.1%
Growth
+9.3%
Access
FTA reported
Signal
Growing

Destination

United Kingdom

Latest exports
$16.3M
Market share
69%
Growth
+15.6%
Access
Not reported
Signal
Growing

Destination

Indonesia

Latest exports
$15.5M
Market share
59.2%
Growth
+5.7%
Access
FTA reported
Signal
Accelerating

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Zambia: $10.3M / ton.

Lowest reported price

Lesotho: $35.7 / ton.

Median price

$4.8K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 850519 where available.

YearExportsYear-on-year changeActive destinations
2010$467.7M+34.5%157
2011$606.6M+29.7%160
2012$587.2M-3.2%160
2013$531.9M-9.4%164
2014$540.6M+1.6%170
2015$517.9M-4.2%165
2016$496.9M-4%171
2017$562.8M+13.3%171
2018$622.3M+10.6%178
2019$585.6M-5.9%178
2020$540.7M-7.7%174
2021$749.4M+38.6%177
2022$842.6M+12.4%177
2023$741.1M-12%179
2024$810.0M+9.3%185

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 850519.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China magnets: permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.