Japanese media: 128 tons of rare earth exports to Japan in June, continuing for the fourth consecutive month below 200 tons
According to a report by Japanese media "Sankei Shimbun" on July 20: Based on trade statistics for June, China's export volume of rare earth magnets to Japan reached 128 tons. Although this represents a 4.4% increase compared to May, it marks the fourth consecutive month below 200 tons, and shows negative growth compared to the same month last year.
Since former Minister Asahi Hayato raised the "survival crisis" argument in parliament, Japanese companies have found it increasingly difficult to obtain export licenses for rare earths starting from January this year.
Rare earth magnets are one of the representative products of rare earth materials. The global total export volume in June was 5,649 tons, an increase of 19.4% compared to the previous month. Clearly, the growth rate of exports to Japan is relatively low.
Exports to the United States amounted to 488 tons in June, up 3.2% from the previous month. Following the May summit, China and the U.S. are working to stabilize their economic and trade relations.
Compared to the same period last year, global exports increased by 77.2%. Exports to Japan declined by 2.2%, while exports to the U.S. rose by 38.4%. Compared to the U.S., exports to Japan have significantly decreased.
In June this year, China added 20 Japanese enterprises and organizations to its export control list, prohibiting the export of dual-use goods for military and civilian purposes. This measure follows the initial list introduced in February, with rare earths also included in the ban.
In May this year, two Japanese employees of Fujitsu Electric in Dalian were detained by local law enforcement authorities on suspicion of illegally exporting rare earth magnets.
Original article: toutiao.com/article/1871243838274571/
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