In July 2025, China's total exports of NdFeB permanent magnets reached 5,577.13 mt, up 77.95% MoM, with exports to Europe at 1,528.85 mt, accounting for 27% of the monthly export total. Cumulative data from January-July 2025 shows that China exported 11,476.77 mt of rare earth permanent magnets to Europe, representing 41% of its global exports. Germany, as the largest demand country in Europe, imported 5,534 mt from January to June, accounting for 48% of Europe's total imports, reflecting the deep reliance of Europe's new energy industry on China's supply chain.