Views: 6 Author: Site Editor Publish Time: 2024-07-18 Origin: Site
Magnetic materials, including magnets, play a crucial role in international trade due to their diverse applications across various industries. Here are some key areas where magnets are utilized in foreign trade:
Electronics and Electrical Appliances:
Motors and Generators: Permanent magnets, such as neodymium magnets, are essential in the manufacturing of electric motors and generators, which are widely used in household appliances, industrial machinery, and electric vehicles.
Hard Drives and Storage Devices: Magnets are critical components in data storage devices, including hard drives and magnetic storage media, which are a significant part of the electronics trade.
Automotive Industry:
Electric and Hybrid Vehicles: The rise in electric and hybrid vehicles has significantly boosted the demand for high-performance magnets used in electric motors, sensors, and other automotive components.
Fuel Efficiency Improvements: Magnets are used in various applications to improve fuel efficiency and reduce emissions, such as in magnetic fuel conditioners.
Renewable Energy:
Wind Turbines: Magnets are essential in the construction of wind turbine generators, which are critical for the production of renewable energy. The global push for renewable energy sources has increased the trade of magnets used in this sector.
Medical Equipment:
MRI Machines: Magnets are a crucial component of Magnetic Resonance Imaging (MRI) machines, which are vital in medical diagnostics. The trade of medical equipment relies heavily on the supply of high-quality magnets.
Medical Devices: Magnets are used in various medical devices, including hearing aids, pacemakers, and drug delivery systems.
Consumer Electronics:
Smartphones and Tablets: Magnets are used in speakers, microphones, and vibration motors in consumer electronics, which are a significant part of international trade.
Wearable Devices: The increasing popularity of wearable technology, such as smartwatches and fitness trackers, has driven the demand for small, powerful magnets.
Industrial Applications:
Separation Equipment: Magnets are used in industrial separation equipment to remove metal contaminants from products in the food, pharmaceutical, and chemical industries.
Magnetic Assemblies: Various industrial applications, including magnetic clamping, lifting, and holding, rely on strong and durable magnets.
Telecommunications:
Antenna Systems: Magnets are used in various components of telecommunications systems, including antenna systems for mobile and satellite communications.
Defense and Aerospace:
Navigation Systems: Magnets are used in navigation and guidance systems for aircraft, ships, and other military applications.
Aerospace Components: High-performance magnets are essential in various aerospace applications, including actuators, sensors, and power generation systems.
The global trade of magnets is influenced by the demand from these diverse sectors, making them a vital component in many industries. As technological advancements continue, the applications and importance of magnetic materials in international trade are expected to grow further.
Recently, the global supply chain competition surrounding the critical strategic material of rare earth magnets has intensified sharply. In January 2026, the United States, Japan, and the European Union are accelerating coordinated actions in an attempt to build a "de-sinicized" rare earth and magne
According to industry information as of early December 2025, the magnet industry is at the intersection of two core trends: on one hand, the restructuring of the global supply chain is accelerating, driven by policies in multiple countries; on the other hand, emerging applications represented by hum
EU Passes Critical Raw Materials Act Mandating Recycled Magnets in Wind Turbines and EVsOn October 7, 2024, the European Parliament approved amendments to the Critical Raw Materials Act (CRMA), requiring a minimum 25% recycled magnet content in EU wind turbines and electric vehicle motors by 2030. T
According to industry news in December 2025, high-performance permanent ferrite magnets are experiencing strong demand in various fields including automotive, home appliances, and new energy, thanks to their advantages such as low cost, high-temperature resistance, and demagnetization resistance. Dr
China's Ministry of Commerce (MOFCOM), on September 16, 2025, provided official clarifications regarding frequently asked questions on dual-use items related to rare earths. It explicitly stated that deeply processed products such as motor rotors and stator components are generally not subject to th
∗InSeptember2024,theU.S.DepartmentofEnergy(DOE)launchedthe"Closed−LoopCriticalMaterialRecyclingProgram,"awarding38 million to six tech companies to develop breakthrough technologies for efficient extraction of NdFeB magnets from e-waste and motors. Notably, Noveon Magnetics' patented Hydrogen Proces
Export Restrictions EscalateChina’s export permits for 7 heavy rare earths (e.g., samarium, gadolinium) since April 2025 tightened global supply, hitting automotive and electronics sectors.Only 25% of EU firms’ license applications approved, forcing partial production halts.Price TrendsDysprosium Ir
On September 23, 2025, Chinese customs data revealed that exports of rare earth magnets to the EU surged to 2,582 tons in August, up 21% month-on-month—4.4 times the volume exported to the U.S. (590 tons), highlighting the EU’s deep reliance on Chinese supply chains1. Simultaneously, Europe is accel
Export DynamicsSeptember Volume: 5,774 tons, down 6.1% month-on-month (from 6,146 tons in August), ending three consecutive months of growth, but still up 17.5% year-on-year.Jan-Sep Cumulative: 39,817 tons, a 7.5% decrease compared to 2024.Destination DivergenceUS: Shipments plummeted 28.7% MoM due
Corporate Performance SurgeZhenghai Magnetic Materials (300224.SZ): Q3 revenue reached ¥1.916 billion (+50.76% YoY), net profit ¥115 million (+189.72% YoY). Cumulative net profit for Jan-Sep was ¥228 million (+20.46% YoY).Primary Driver: Sales of high-performance NdFeB magnets of high-performance Nd
