EU External Trade - Other, Permanent magnets of agglomerated ferrite

Extra-EU sourcing of Other, Permanent magnets of agglomerated ferrite is highly concentrated. 🇨🇳 China captures 73.5% of imports (€446.0M), followed by 🇰🇷 South Korea (13.4%). With an HHI of 5600, this Concentrated market exposes the EU to supply dependency risks.

The EU exports Other, Permanent magnets of agglomerated ferrite to 6 extra-EU markets, reflecting solid diversification. 🇹🇷 Türkiye remains the largest client (14.9%, €27.0M), followed by 🇹🇷 Türkiye, 🇨🇳 China, 🇲🇽 Mexico.

Within the EU, the leading importers of Other, Permanent magnets of agglomerated ferrite are 🇩🇪 Germany, 🇵🇱 Poland, 🇮🇹 Italy. 🇩🇪 Germany accounts for 31.6% of EU imports.

In 2025, imports were stable (1.1%) and exports stable (-1.8%) compared to the previous year.