China’s gallium, germanium exports soared in Jul before export controls took effect in Aug
COMMODITIES DATA
China’s gallium, germanium exports soared in Jul before export controls took effect in Aug
COMMODITIES DATA

China’s gallium, germanium exports soared in Jul before export controls took effect in Aug

 

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China’s exports of gallium and germanium soared in July ahead of export controls that took effect on August 1, showed China’s customs data.

China exported 7.58 tons of gallium products in July, marking a new high in 2023 and up 372.6% from the previous month. The export value surged by 335.7% from the previous month to $2.18 million, showed

Exports of germanium products totaled 1,506 tons, up 25.3 percent from June. The value of these exports set a record for this year, rising 76.8 percent month-on-month to $24.4 million.

On July 3, the Ministry of Commerce and the GAC jointly announced a decision to impose export controls on gallium and germanium related items, effective August 1. Gallium and germanium are two key rare metals that are widely used in the semiconductor, new energy and other fields.