HS Code for NdFeB Permanent Magnets (HS 8505.11)
Sintered neodymium-iron-boron magnets are the highest-energy commercial permanent magnets - core input for EV traction motors and permanent-magnet direct-drive wind turbines. China controls ~87% of finished-magnet capacity. US IRA §30D minerals requirements and EU CRMA (2024) drive nascent ex-China supply.
Sample 6-digit codes
| Code | Description |
|---|---|
| 8505.11 | Permanent magnets and articles intended to become permanent magnets, of metal |
| 8505.19 | Permanent magnets, other |
| 2846.90 | Compounds of rare earths, other (feedstock) |
Typical import duty by market
| Market | Duty |
|---|---|
| European Union | 2.2% |
| United States | 2.1% MFN + Sec 232 review pending |
| Japan | 0% |
| India (BCD) | 7.5% |
Worked landed-cost example
2 MT N42SH grade sintered NdFeB, FOB Ningbo USD 68/kg, CIF Hamburg
- · EU Critical Raw Materials Act 2024 - Nd, Pr, Dy, Tb strategic.
- · US Executive Order 14017 - REE supply chain review.
- · China export control on Sm-Co and heavy rare earths from Dec 2023.
- · China
- · Japan
- · Vietnam
- · Germany
- · United States
Frequently asked questions
The suffix denotes maximum operating temperature: N42 (80°C), SH (150°C), UH (180°C), EH (200°C). EV traction motors typically spec SH/UH; wind turbines N/H. Higher temp grades need more Dy/Tb - hence the cost step-up.
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Sources & citations
- EU Critical Raw Materials Act 2024/1252European Commission
- US IRA Section 30D Critical MineralsUS IRS
- WCO Harmonized System NomenclatureWorld Customs Organization
- WTO Integrated Database (tariff data)World Trade Organization