Commodity Origins

How much rare earths do Vietnam produce and export?

Vietnam is the nullth largest producer of rare earths: 150 tonnes in 2025, <0.1% of the world's 390,000 tonnes (USGS MCS). It is the 2nd largest exporter by value: $197.4 million in 2024, 18% of world exports of rare-earth metals and compounds (HS 2805) (CEPII BACI). Its biggest customer is Japan, which takes 82% of its rare earths exports by value.

All about rare earths · All about Vietnam

Vietnam's rare earths production

Vietnam rare earths production, 2025
World rankProduction (tonnes)Share of worldTen-year growthYear
150 tonnes<0.1%—2025

USGS Mineral Commodity Summaries, MCS 2026.

Vietnam's rare earths exports

Vietnam exports of Alkali and rare-earth metals; scandium and yttrium, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
2$197.4 million18%3,982 t$49,5882024

CEPII BACI international trade database (HS22, V202601), HS 2805 (Alkali and rare-earth metals; scandium and yttrium).

Where Vietnam's rare earths goes

Largest destinations of Vietnam's rare earths exports, 2024
DestinationValueShare of Vietnam's exports
Japan$162M82%
China$20M10%
Singapore$12M6%
Myanmar$2M1%
Thailand$926,6500.5%

Largest five destinations of 1,250 exporter-importer pairs BACI reports for 2024. See trade flows.

Vietnam as a buyer of rare earths

Vietnam imported $43.8 million of rare-earth metals and compounds (HS 2805) in 2024, 3.9% of world imports, ranked #6.

Import dependency · Supplier shifts

Cite as: Commodity Origins, "Vietnam rare earths: production, exports and prices", https://commodityorigins.com/countries/VNM/rare-earths/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.