Magnum Magnetics is Magnetic Manufacturer in the USA

Magnum Magnetics is the largest flexible magnet manufacturer in the United States, including printable magnetic sheeting and magnetic rolls, magnetic strip, and extruded magnets. We specialize in manufacturing flexible magnets (also called “rubber magnets”) for various applications and industries, including commercial printing, wide-format signage, graphics, engineering, manufacturing, retail craft, office products, and more.

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Benefits of Buying from Magnum Magnetics

When working with Magnum Magnetics, you’ll see many financial, customer service, and performance-related benefits. Here are a few of the main advantages of choosing us as your trusted magnet manufacturer:

• Superior products: We put tremendous effort into the quality and durability of our flexible magnets. Our manufacturing facilities have full laboratory capabilities for product development, quality control, and testing, so you can rest assured that your magnets will be strong enough for your toughest jobs and have the longevity to last for years.
• Born here, built here: At Magnum Magnetics, we produce our magnets right here in the United States at two Ohio manufacturing facilities. When you work with us, you’ll know you support American men and women by contributing to the domestic economy.
• Quick order fulfillment: Because we make our products domestically, we have a head start on companies with manufacturing capabilities halfway around the world. With the right shipping lane conditions, we can often have our most popular magnetic products delivered within 24 hours of your order.
• Custom options: We’re more than happy to help when you need a custom order. We have extensive experience working with special requirements and are delighted to consult with you about the specifications that best suit your needs.

Industry Applications for Flexible Magnets

We are a top magnet supplier in North America. Here are a few of the applications we supply magnets for:

• Advertising: Our magnets work great for spreading the word about your products or services. Give out a few attractive refrigerator magnets at an event or in your store. Then let them advertise for you 24 hours a day in your potential customers’ kitchen, garage, or anywhere else you’d like to be seen!
• Engineering and OEM applications: Our customers rely on magnetic strips, extruded magnetic profiles, sheet magnets, and custom items for various engineering and original equipment manufacturing (OEM) applications. Our robust product development and quality control capabilities make us an excellent partner for these industries.
• Retail: Our packaged magnetic merchandise, not limited to magnetic cards, magnetic buttons, and magnetic photo paper, is ideal for retail sales to schools, offices, crafters, and many more consumers. We also offer convenient, timely order fulfillment to retail operations.
• Signs and graphics: Our magnets are excellent for large signs and graphics. Rely on our wide-format printing knowledge and service to assist you in creating a unique design to generate visibility for your brand.
   

Our Promise

At Magnum Magnetics, we back our flexible magnets with a sincere promise about their craftsmanship and the quality service you can rely on whenever you work with us. Our promise to you comes with four core components:

1. Quality: We source only safe, quality magnet materials for our magnetic sheets, magnetic strips, and custom items. We test every one of our permanent magnets to ensure their heavy metal content complies with the United States toy safety standards, so you can rest assured that children can play with our magnetic products safely. We also put the finished products through rigorous quality control processes to eliminate defects and ensure dependable products.
2. Customer service: We know that you want quick, clear answers when you call us with questions. You’ll gain a dependable partnership rooted in honest communication and problem-solving when you work with us. We’ll treat you as a real person and work hard to help you resolve challenges.
3. Competitive prices: We also strive to keep our product lines reasonably priced so you can get high-strength, reliable magnets while sticking to your budget. When you buy from Magnum Magnetics, you’ll get the products you need at a price you can feel good about paying.
4. Safe: All of our magnetic products are non-toxic. They comply with California Prop. 65.

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International sales of magnets including electromagnets exported from all countries totaled US$12.7 billion in 2022.

That dollar amount results from an average 35% increase for all exporters of electromagnets over the 5-year period starting in 2018. Back then, exports classified as permanent magnets or electromagnets were worth a total $9.4 billion.

Year over year, the value of globally exported magnets including electromagnets accelerated by an average 15.9% compared to $11 billion for 2021.

Common uses for permanent magnets are the magnetic strips on debit or credit cards, compasses, magnetic clasps on jewelry, refrigerator magnets or in devices used to pick up small items such as nails, tacks, staples and paper clips.

Unlike permanent magnets, the power of an electromagnet depends on the amount of electricity conducted. Electromagnets are manufactured in a wide range of sizes and magnetic field intensities to suit their final applications.

Electromagnets are essential components of electrical devices such as motors, generators, speakers, hard disks, scientific instruments, transformers, battery chargers and sensors.

One example of an industrial application for electromagnets is equipment used in scrap yards for picking up heavy objects made from iron or steel.

Exports by Type of Magnet

Permanent, non-electrical magnets attracted 66.2% of international sales for exported magnets including electromagnets in 2022.

Electromagnets and electromagnetic lifting heads and parts, excluding those for medical applications, generated 25.5% of overall sales.

Electromagnetic couplings, clutches and brakes accounted for the remaining 8.3% of exported magnetic revenues.

For research purposes, the 4-digit Harmonized Tariff System code prefix is 8505 encompassing electromagnets excluding those used for medical purposes, permanent magnets, magnetic holding devices, and electromagnetic couplings, clutches and brakes.

Key Geographic Insights about Magnets Exports

By value, the world’s 5 most lucrative exporters of magnets including electromagnets are mainland China, Germany, Japan, Vietnam and the United States of America. Added together, those 5 leading suppliers approached three-quarters (72.8%) of the overall dollar spend on magnets of all types during 2022.

Among continents, electromagnets suppliers located in Asia exported the highest dollar worth of permanent magnets and electromagnets during 2022 with shipments valued at $9 billion or 70.4% of the worldwide total. In second place were magnets-related exporters in Europe at 24.1%, trailed by suppliers in North America at 4.6%.

Tinier percentages originated from Oceania led by New Zealand and Australia (0.7%), Latin America (0.11%) excluding Mexico but including the Caribbean, then Africa (0.09%).

Top Magnets Exporters by Country

Below are the 25 countries that exported the highest dollar value worth of magnets including electromagnets during 2022.

1. China: US$5.9 billion (46.4% of magnets-related exports)
2. Germany: $1.23 billion (9.7%)
3. Japan: $1.17 billion (9.2%)
4. Vietnam: $508.4 million (4%)
5. United States: $466.4 million (3.7%)
6. Philippines: $286 million (2.2%)
7. South Korea: $275.6 million (2.2%)
8. France: $259 million (2%)
9. Italy: $230.7 million (1.8%)
10. Switzerland: $210.5 million (1.7%)
11. Hong Kong: $203.3 million (1.6%)
12. United Kingdom: $171.6 million (1.3%)

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13. Netherlands: $162.3 million (1.3%)
14. Poland: $125.7 million (1%)
15. Malaysia: $125.1 million (1%)
16. Taiwan: $121.3 million (1%)
17. Thailand: $118.7 million (0.9%)
18. Czech Republic: $110 million (0.9%)
19. Austria: $91.9 million (0.7%)
20. Spain: $91.6 million (0.7%)
21. Mexico: $87.8 million (0.7%)
22. New Zealand: $86.1 million (0.7%)
23. Romania: $69 million (0.5%)
24. India: $57.4 million (0.5%)
25. Singapore: $50.9 million (0.4%)

By value, the listed 25 countries shipped 96.3% of globally exported magnets including electromagnets in 2022.

Among the top exporters, the fastest-growing exporters of magnets-related items since 2021 were: Vietnam (up 66.8%), Poland (up 57.9%), mainland China (up 33.3%) and New Zealand (up 22.8%).

Major suppliers that posted declines in their international sales of magnets-related were led by: Hong Kong (down -28.7% from 2021), South Korea (down -12.8%), France (down -5.2%), Malaysia (down -4.7%), Thailand (down -3.7%) and the Czech Republic (down -3.5%).

Countries Generating Greatest Surpluses from Global Magnets Trade

The following countries posted the highest positive net exports for permanent magnets plus electromagnets during 2022. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported magnets and its import purchases for that same commodity.

1. China: US$5 billion (net export surplus up 45.1% since 2021)

2. New Zealand: $76.2 million (up 24.2%)
3. Japan: $57.5 million (down -85%)
4. Israel: $20.8 million (up 84.8%)
5. Hong Kong: $17.8 million (reversing an -$8.4 million deficit)
6. Ireland: $6.5 million (down -43%)
7. Sierra Leone: $507,000 (down -9.5%)
8. Equatorial Guinea: $116,000 (reversing a -$26,000 deficit)
9. Anguilla: $23,000 (up 130%)
10. US Minor Outlying Is: $17,000 (up 41.7%)
11. Tonga: $13,000 (reversing a -$2,000 deficit)
12. Pitcairn: $7,000 (2021 data unavailable)
13. Nauru: $3,000 (2021 data unavailable)
14. Kiribati: $1,000 (2021 data unavailable)
15. British Indian Ocean Terr: $1,000 (2021 data unavailable)

Mainland China’s scored the highest surplus in the international trade of magnets in 2022. In turn, this positive cashflow confirms the strong Chinese competitive advantage for this specific product category.

Countries Incurring Worst Deficits from Global Magnets Trade

The following countries posted the highest negative net exports for permanent magnets plus electromagnets during 2022. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported magnets purchases and its exports for that same commodity.

1. United States: -US$960 million (net export deficit up 22.3% since 2021)

2. Mexico: -$479.2 million (up 17.9%)
3. South Korea: -$478.5 million (up 197.9%)
4. Philippines: -$362.5 million (up 48.2%)

5. Thailand: -$332.4 million (up 15.2%)
6. India: -$277.9 million (up 42.3%)
7. Germany: -$265.5 million (reversing a $65.2 million surplus)
8. France: -$214.6 million (down -24.4%)
9. Hungary: -$182.2 million (up 10.8%)
10. Poland: -$176.7 million (up 15.6%)
11. Italy: -$167 million (up 34.9%)
12. Vietnam: -$159 million (down -45.3%)
13. Malaysia: -$115 million (up 38.8%)
14. Czech Republic: -$108 million (up 9.7%)
15. Brazil: -$95.7 million (up 8.6%)

The United States of America incurred the highest deficit in the international trade of magnets during 2022. In turn, this negative cashflow highlights America’s competitive disadvantage for this specific product category but also signals opportunities for magnets-supplying countries that help satisfy the powerful demand.

Supplying Companies for Magnets

Below are 10 selected examples of suppliers of permanent magnets, electromagnets or both. They are established players engaged in the international trade of magnets.

The home country for each company’s headquarters, either the United States of America or mainland China, is shown within parenthesis.

• ALL Magnetics, Inc (United States)
• Badger Electronics (United States)
• Bazhou Dpair Hardware Equipment (China)
• Butler Winding (United States)
• Dongguan Jinbenlai Electromechanical (China)
• Henan Yuntian Crane Co. (China)
• International Magna Products (United States)
• Jiangxi Mide Industrial Co. (China)
• Temper Corporation (United States)
• Xinxiang Kehao Machinery Equipment (China)

 

See also Electricity Exports by Country, Top Industrial Robots Exporters, Electric Cars Exports by Country and Global Electricity Imports by Country

Research Sources:
Alibaba, Powerful Electromagnetics Sale. Accessed on November 2, 2023

Badger Electronics, Electromagnetics Manufacturers and Suppliers in USA. Accessed on November 2, 2023

Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on November 2, 2023

Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on November 2, 2023

International Trade Centre, Trade Map. Accessed on November 2, 2023

Investopedia, Net Exports Definition. Accessed on November 2, 2023

IQS Directory, Electromagnetics Manufacturers and Suppliers. Accessed on November 2, 2023

Wikipedia, Electromagnet. Accessed on November 2, 2023

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