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261220 (Harmonized System 1992 for 6-digit)

2023
World Trade $162MRnk 3802 / 4644
2023
Top Exporter | Top Importer $70.6M | $162MNigeria | China
2023
Product Complexity -3.01Rnk 4647 / 4656
2022 - 2023
Export Growth (CAGR) -18.6%Rnk 3567 / 4644
2023
Share of World Trade 0.00072%Rnk 3802 / 4644

About

Overview This page contains the latest trade data of Thorium ores and concentrates. In 2023, Thorium ores and concentrates were the world's 3802nd most traded product, with a total trade of $162M. Between 2022 and 2023 the exports of Thorium ores and concentrates decreased by -18.6%, from $199M to $162M. Trade in Thorium ores and concentrates represent 0.00072% of total world trade.

Thorium ores and concentrates are a part of Uranium and Thorium Ore.

Exports In 2023 the top exporters of Thorium ores and concentrates  were Nigeria ($70.6M), Thailand ($47.9M), Madagascar ($26M), Democratic Republic of the Congo ($8.64M), and Indonesia ($2.51M).

Imports In 2023 the top importers of Thorium ores and concentrates were China ($162M), United States ($743k), Switzerland ($70.8k), Japan ($22.2k), and France ($7.3k).

Ranking Thorium ores and concentrates ranks 4647th in the Product Complexity Index (PCI).

Description Thorium ores and concentrates are mainly used in the manufacture of thorium oxide, the material used to make gas mantles. Thorium is an important raw material for the production of nuclear weapons and nuclear reactors.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Thorium ores and concentrates. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Nigeria$70.6M
Top Destination (2023)China$162M

In 2023 Thorium ores and concentrates were the world's 3802nd most traded product (out of 4,644).

In 2023, the top exporters of Thorium ores and concentrates were Nigeria ($70.6M), Thailand ($47.9M), Madagascar ($26M), Democratic Republic of the Congo ($8.64M), and Indonesia ($2.51M).

In 2023, the top importers of Thorium ores and concentrates were China ($162M), United States ($743k), Switzerland ($70.8k), Japan ($22.2k), and France ($7.3k).

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Exporters of Thorium ores and concentrates (2023)
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Importers of Thorium ores and concentrates (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Nigeria$53M
Top Destination Growth (2022 -  2023)United States$743k

Between 2022 and 2023, the exports of Thorium ores and concentrates grew the fastest in Nigeria ($53M), Democratic Republic of the Congo ($2.79M), Sri Lanka ($2.06M), India ($765k), and Laos ($120k).

Between 2022 and 2023, the fastest growing importers of Thorium ores and concentrates were United States ($743k), Switzerland ($66.8k), Japan ($21.3k), Burundi ($2.12k), and Denmark ($961).

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Exporters of Thorium ores and concentrates (2022 - 2023)

Importers of Thorium ores and concentrates (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Thorium ores and concentrates.

In 2023, market concentration measured using Shannon Entropy, was 2.07. This means that most of the exports of Thorium ores and concentrates are explained by 4 countries.

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Value of Exports in Thorium ores and concentrates

Net Trade

TOP NET EXPORTER (2023)Nigeria$70.6M
TOP NET IMPORTER (2023)China$162M

This map shows which countries export or import more of Thorium ores and concentrates. Each country is colored based on the difference in exports and imports of Thorium ores and concentrates during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Thorium ores and concentrates were Nigeria ($70.6M), Thailand ($47.9M), Madagascar ($26M), Democratic Republic of the Congo ($8.64M), and Indonesia ($2.51M).

In 2023, the countries that had a largest trade value in imports than in exports of Thorium ores and concentrates were China ($162M), United States ($742k), and Namibia ($604).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Thorium ores and concentrates by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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