# HS 284690 Compounds global trade data overview | Yugalinks

Reported global trade in compounds, inorganic or organic (excluding cerium), of rare-earth metals, of yttrium, scandium or of mixtures of these metals reached $2.4B in 2024, with five-year annual growth of +17%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $979.5M | -32.9% | +3% |
| 2014 | $849.3M | -13.3% | -34.5% |
| 2015 | $788.3M | -7.2% | -18.6% |
| 2016 | $800.2M | +1.5% | -6.5% |
| 2017 | $931.7M | +16.4% | +3.1% |
| 2018 | $993.5M | +6.6% | +8% |
| 2019 | $1.1B | +9.1% | +10.6% |
| 2020 | $1.2B | +13.8% | +9.8% |
| 2021 | $2.2B | +80.3% | +30.8% |
| 2022 | $2.6B | +16.8% | +33.8% |
| 2023 | $3.1B | +18.6% | +35.7% |
| 2024 | $2.4B | -22.9% | +2.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $1.4B | +37.5% | 36 |
| Japan | $213.2M | -0.2% | 21 |
| USA | $159.9M | +7.6% | 32 |
| Viet Nam | $136.3M | +2.4% | 13 |
| Germany | $58.8M | +23.9% | 35 |
| Republic of Korea | $56.6M | +6.3% | 23 |
| Thailand | $56.6M | +4.4% | 20 |
| Philippines | $51.1M | +20.7% | 17 |
| Taiwan | $23.9M | +20.6% | 20 |
| Russia | $20.7M | -2.6% | 13 |
| France | $20.5M | +4.7% | 32 |
| Ireland | $16.9M | -7.6% | 14 |

_Source: reported merchandise trade data. Updated 2026-08-14._