China's export volume of rare earth and its products increased slightly to 107,924 tons in 2021, up 38.1% year on year, according to the database of China Business Research Institute. The latest figures show that China exported 112,939 tons of rare earth and its products in 2022, up 4.8% year on year.

In terms of the amount, the data showed that China's export of rare earth and its products in 2022 amounted to $570.9.3 million, a year-on-year increase of 51.4%.

Growth of China's export volume and value of rare earth and its products in 2022

Data source: Zhongshang Industrial Research Institute Database