OECD officials launch a 2026 inventory showing critical raw material export restrictions have risen for 15 straight years and are now about five times higher than in 2009. Their core message is that these measures are increasingly distorting investment and supply chains rather than securing them, so the policy answer is diversification, open trade, and coordinated international action.
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This is a press-style OECD launch centered on the 2026 inventory of export restrictions on critical raw materials, with remarks from OECD Secretary-General Mathias Cormann, Türkiye’s Minister of Trade Ömer Bolat, and OECD trade director Marion Jansen. The core thesis is consistent across all three speakers: export restrictions on critical raw materials have become a structural, long-running problem, and they are now materially undermining supply security, investment, and the energy/digital transition they are often meant to support. Cormann frames the issue as a global trade and geopolitics shift driven by rising demand for critical minerals. He emphasizes that export restrictions have increased for 15 consecutive years and are now five times higher than in 2009. …
Immediate setup is a policy-warning event, not a tradeable catalyst by itself: the near-term risk is further export-control announcements that can tighten supply and move critical-mineral sentiment quickly. The most actionable watch is whether producing countries respond to OECD pressure with new restrictions or with signaling toward cooperation.
Over the next few months, the likely path is continued pressure for diversification, processing investment, and bilateral trade alignment rather than a quick normalization in restrictions. The view would be challenged only if major exporters roll back controls or if new supply and processing capacity meaningfully eases concentration.
Structurally, the transcript points to a more fragmented critical-minerals regime where export policy is part of industrial strategy and geopolitical leverage. The long-run implication is that resource-rich, processing-capable countries gain strategic weight, while import-dependent economies remain vulnerable unless they diversify aggressively.
Export restrictions on critical raw materials have increased for 15 consecutive years and are now five times higher than in 2009.
Core headline statistic repeated multiple times.
Export restrictions distort investment, reduce export volumes, and undermine supply security.
Direct causal claim about policy effects.
Outright export prohibitions and quotas are becoming much more common among new measures.
Indicates rising policy severity.
Could Türkiye's production capacity and potential of rare minerals be seen as an insurance policy for energy security, especially for Western economies given China's dominance in the sector?
Mathias Cormann says yes, unambiguously. He notes that Türkiye has vast untapped resources of critical raw materials and is already highly successful in processing key critical mineral products. He argues Türkiye's experience can serve as a model for other emerging and developing economies to copy, which would boost global supply and diversify sources.
Are trade agreements with Central Asian, African and European countries on your agenda, given Turkey's rich reserves and strategic location?
Minister Bolat says Turkey is very open to international competition and trade across all products and minerals. He points out that Turkey was not named on the chart of export restrictions, and that Turkey has $820 billion in goods and services trade. He emphasizes Turkey is diversifying its raw materials inputs, energy needs, and its manufacturing and exports, and keeps international cooperation, including with countries from Morocco to China.
Who are most exposed to restrictions on critical raw materials among importing countries?
Marion Jansen says the EU members and Japan have invested in diversification and become less exposed. However, Japan continues to have higher exposure than the world average, as does South Korea. So exposure remains too high in some member countries but observable efforts to reduce it are underway.
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