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China’s rare earth magnet exports to the US keep falling as Europe gains

China’s exports of rare earth permanent magnets to the United States continue to fall, at a time when Washington and its allies are stepping up efforts to reduce reliance on the country’s critical mineral supply chains. Shipments of permanent magnets to the US totalled 994 tonnes in January and February, down nearly 22.5 per cent year on year, according to data released on Friday by China’s General Administration of Customs. This marked the seventh consecutive month of decline. Over the two...

Mar 20, 2026 &03302020202631; 13:30 UTC www.scmp.com Trending 2/5

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Negative for markets

Sentiment score: -60/100

High impact Short-term (days)

WHAT THIS MEANS

Rule-based L2: BEARISH signal from SCMP Business

AI CONFIDENCE

60% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

↓

Dow Jones

^DJIIndex

Expected to decline

China’s rare earth magnet exports to the US keep falling as Europe gains

PRICE HISTORY

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⚡ SUGGESTED ACTION

Automated signal: BEARISH on primary asset

Analysis generated on Mar 21, 2026 at 15:37 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by SCMP Business. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

China’s rare earth magnet exports to the US keep falling as Europe gains

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