EU External Trade - Permanent magnets and articles intended to become permanent magnets after magnetisation, Of metal

Extra-EU sourcing of Permanent magnets and articles intended to become permanent magnets after magnetisation, Of metal is highly concentrated. 🇨🇳 China captures 91.5% of imports (€1.4B), followed by 🇵🇭 Philippines (2.3%). With an HHI of 8382, this Concentrated market exposes the EU to supply dependency risks.

The EU exports Permanent magnets and articles intended to become permanent magnets after magnetisation, Of metal to 5 extra-EU markets, reflecting solid diversification. 🇺🇸 United States remains the largest client (27.6%, €38.0M), followed by 🇺🇸 United States, 🇨🇳 China, 🇨🇭 Switzerland.

Within the EU, 🇩🇪 Germany concentrates 49.3% of Permanent magnets and articles intended to become permanent magnets after magnetisation, Of metal imports, well ahead of 🇮🇹 Italy (9.9%). The top importing member states are 🇩🇪 Germany, 🇮🇹 Italy, 🇵🇱 Poland.