HS Code for Neodymium (HS 2846.90 / 2805.30)
Neodymium is the main light rare earth in NdFeB permanent magnets (28-30% Nd/Pr didymium content). NdFeB drives EV traction motors, wind turbines, industrial servo motors, and consumer electronics. Traded primarily as Nd2O3 (99-99.9% pure) or Nd-Pr didymium metal (75:25).
Sample 6-digit codes
| Code | Description |
|---|---|
| 2805.30 | Neodymium metal, alloys |
| 2846.90 | Nd2O3 and neodymium compounds |
Typical import duty by market
| Market | Duty |
|---|---|
| European Union | 0% CRM strategic. |
| United States | 0% AD/CVD on Chinese NdFeB magnets (2024). |
Numerical Example: 5 MT Nd2O3 99.5%, FOB Shanghai USD 62/kg, CIF Rotterdam
5 MT Nd2O3 99.5%, FOB Shanghai USD 62/kg, CIF Rotterdam. Run your own numbers in the Import Duty & Tax calculator.
- · EU CRM Act 2024/1252.
- · China Export Control on Dy/Tb magnets covers Nd-Pr didymium metal indirectly through magnet-alloy licensing.
- · China
- · Malaysia (Lynas)
- · USA (MP Materials)
- · Vietnam
Frequently asked questions
Nd2O3 (oxide) is separated at rare earth refineries and sold to metal producers who reduce it (via molten-salt electrolysis) to Nd metal or Nd-Pr didymium (75:25 Nd:Pr, cheaper than pure Nd because Pr is co-produced). NdFeB magnet manufacturers typically buy the didymium metal, not the pure oxide.
Import duty and tax by destination market
Typical MFN duty, consumption tax and the tax base applied to metals (HS 2846.90) in each market we cover. Rates are indicative at the 6-digit line | confirm the national 8/10-digit code with your broker.
| Market | Duty | Consumption tax | Tax base | Tax as % of CIF |
|---|---|---|---|---|
| India | 5% | IGST 18% | Assessable value + duty | 24.1% |
| United Arab Emirates | 5% | VAT 5% | CIF + duty | 10.3% |
| Saudi Arabia | 5% | VAT 15% | CIF + duty | 20.8% |
| Singapore | 5% | GST 9% | CIF + duty | 14.4% |
| China | 5% | VAT 13% | CIF + duty | 18.6% |
| United States | 5% | Federal VAT 0% | CIF | 5.3% |
| United Kingdom | 5% | VAT 20% | CIF + duty | 26.0% |
| Germany | 5% | USt 19% | CIF + duty | 24.9% |
| Netherlands | 5% | BTW 21% | CIF + duty | 27.1% |
| Vietnam | 5% | VAT 10% | CIF + duty | 15.5% |
| Türkiye | 5% | KDV 20% | CIF + duty | 26.0% |
| Japan | 5% | JCT 10% | CIF + duty | 15.5% |
| South Korea | 5% | VAT 10% | CIF + duty | 15.5% |
| Brazil | 5% | IPI+PIS/COFINS+ICMS 32% | CIF + duty | 38.6% |
| Indonesia | 5% | PPN 11% | CIF + duty | 19.1% |
| Mexico | 5% | IVA 16% | CIF + duty | 22.7% |
| Egypt | 5% | VAT 14% | CIF + duty | 19.7% |
| Nigeria | 5% | VAT 7.5% | CIF + duty | 14.5% |
| South Africa | 5% | VAT 15% | Assessable value + duty | 22.8% |
| Australia | 5% | GST 10% | CIF + duty | 15.5% |
Run your own numbers with the landed cost calculator or check documentation requirements in the LC document checklist.