1/16 x 1/32 inch magnet typically refers to a circular magnet with a diameter of 1/16 inch and a thickness of 1/32 inch. Converted to mm, it is approximately 1.59 mm in diameter × 0.79 mm. Material is generally neodymium, though ferrite can also be processed into such small sizes. However, neodymium is more commonly used. Here is more information.
Tiny round neodymium magnet 1/16 x 1/32 inch picture

1/16 inch × 1/32 inch magnet pull force;
Don't be fooled by its small size. High-performance magnets (such as N52 grade) can generate a pull force of about 20g even if they are only as small as a grain of rice (the specific pull force depends on the surface treatment and bonding conditions). They can be used individually or in multiples.
What is the surface magnetic induction strength (Gauss) of a 1/16 x 1/32 inch circular magnet?
The magnetic flux density (Gauss) measured at the center surface can reach approximately 2500-3000 Gauss, making it suitable for close-range sensing and positioning.
The magnetization direction is usually axial magnetization, i.e., the north and south poles are on two opposite planes with a diameter of 1/16 inch.
Due to its small size and strong magnetic force, it can be used in products with extremely strict space requirements, such as miniature sensors, hearing aids and headphones, miniature models and toys, and electronic and watch accessories. It can also be used in craftsmanship, model making, jewelry making, etc., with Ni-Cu-Ni being a common coating.
The above is an introduction to 1/16 x 1/32 inch magnets. If necessary, our company can also customize smaller sizes and support bulk sampling. Please feel free to send us an inquiry for more information.
More samples of mini neodymium magnets produced by our company: https://www.couragemagnet.com/tiny-neodymium-magnets/
We guess you are interested in:
China Neodymium And Ferrite Magnets Manufacturer & Supplier