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Germany's Reliance on Chinese Rare Earths Remains High Despite Slight Diversification

In 2024, China supplied 65.5% of Germany's rare earth imports, with critical magnet metals for electric motors still overwhelmingly sourced from the country.

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Overview

  • Germany imported 3,400 tonnes of rare earth elements from China in 2024, accounting for 65.5% of total imports, down slightly from 69.1% in 2023.
  • Key elements like neodymium, praseodymium, and samarium, essential for electric motor magnets, continue to be almost entirely sourced from China.
  • Germany's dependence on China for rare earths is significantly higher than the EU average of 46%, highlighting its vulnerability in the global supply chain.
  • Russia and Malaysia were the next largest suppliers to Germany in 2024, contributing 28.4% and 19.9% of imports, respectively.
  • China's dominance in rare earths remains a geopolitical tool, particularly as it leverages its position in ongoing trade conflicts with the United States.