HS Icon Radioactive Chemicals

2844 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Radioactive Chemicals. In 2020, Radioactive Chemicals were the world's 298th most traded product, with a total trade of $10.6B. Between 2019 and 2020 the exports of Radioactive Chemicals decreased by -2.96%, from $10.9B to $10.6B. Trade in Radioactive Chemicals represent 0.063% of total world trade.

Radioactive Chemicals are a part of Inorganic chemicals. They include Uranium (enriched U235), plutonium compounds, alloys, Natural uranium, its compounds, mixtures, Radio-actives nes, their mixtures and compounds, Uranium (depleted U235), thorium compounds, products, and Spent fuel elements of nuclear reactors.

Exports In 2020 the top exporters of Radioactive Chemicals  were Kazakhstan ($1.98B), Canada ($1.47B), Russia ($1.26B), Netherlands ($1.07B), and Germany ($728M).

Imports In 2020 the top importers of Radioactive Chemicals were United States ($2.31B), China ($1.51B), Canada ($1.25B), South Korea ($876M), and France ($636M).

Tariffs In 2018 the average tariff for Radioactive Chemicals was 2.46%, making it the 1191st lowest tariff using the HS4 product classification.

Ranking Radioactive Chemicals ranks 847th in the Product Complexity Index (PCI).

Description The common uses of radioactive chemical elements and radioactive isotopes are in nuclear medicine, nuclear power, and nuclear weapons. Fissile radioactive chemical elements and isotopes are used in nuclear weapons, while fertile radioactive chemical elements and isotopes are used in nuclear power. Radioactive chemical elements and isotopes are also used in the medical field, such as in cancer treatments.

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Y-AXIS SCALE

The following visualization shows the latest trends on Radioactive Chemicals. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Kazakhstan, $1.98B

Top Destination (2020): United States, $2.31B

Radioactive Chemicals are the world's 298th most traded product.

In 2020, the top exporters of Radioactive Chemicals were Kazakhstan ($1.98B), Canada ($1.47B), Russia ($1.26B), Netherlands ($1.07B), and Germany ($728M).

In 2020, the top importers of Radioactive Chemicals were United States ($2.31B), China ($1.51B), Canada ($1.25B), South Korea ($876M), and France ($636M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): United Kingdom, $281M

Top Destination Growth (2019 - 2020): Canada, $385M

Between 2019 and 2020, the exports of Radioactive Chemicals grew the fastest in United Kingdom ($281M), Kazakhstan ($255M), United States ($216M), Japan ($112M), and Niger ($103M).

Between 2019 and 2020, the fastest growing importers of Radioactive Chemicals were Canada ($385M), Netherlands ($337M), China ($117M), Spain ($101M), and Germany ($38.2M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Radioactive Chemicals.

In 2020,  market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Radioactive Chemicals are explained by 13 countries.

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TOP NET EXPORTER (2020): Kazakhstan, $1.87B

TOP NET IMPORTER (2020): United States, $1.67B

This map shows which countries export or import more of Radioactive Chemicals. Each country is colored based on the difference in exports and imports of Radioactive Chemicals during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Radioactive Chemicals were Kazakhstan ($1.87B), Russia ($645M), Namibia ($561M), Netherlands ($547M), and Australia ($399M).

In 2020, the countries that had a largest trade value in imports than in exports of Radioactive Chemicals were United States ($1.67B), China ($1.32B), South Korea ($866M), Sweden ($440M), and Spain ($283M).

Disaggregation

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Value

In 2020, the world most traded Radioactive Chemicals, disaggragated by their HS6 level were Uranium (enriched U235), plutonium compounds, alloys ($4.48B), Natural uranium, its compounds, mixtures ($4.39B), Radio-actives nes, their mixtures and compounds ($1.68B), Uranium (depleted U235), thorium compounds, products ($56.7M), and Spent fuel elements of nuclear reactors ($2.67M)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Radioactive Chemicals.
It is possible to select the main countries that export or import Radioactive Chemicals in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Radioactive Chemicals to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.