Uranium and Thorium OreUranium or thorium ores and concentrates
2612 (Harmonized System 1992 for 4-digit)
2021 World Trade: $172M, Rnk 1143 / 1217
2021 Top Exporter | Top Importer: $57.7M | $84.4M, Thailand | China
2021 Product Complexity: -1.86, Rnk 986 / 1024
2020 - 2021 Export Growth (CAGR): -56.8%, Rnk 1210 / 1217
2018 Mean Tariff: 2.07%, Rnk 1233 / 1259
2021 Share of World Trade: <0.01%, Rnk 1143 / 1217
Overview This page contains the latest trade data of Uranium and Thorium Ore. In 2021, Uranium and Thorium Ore were the world's 1143rd most traded product, with a total trade of $172M. Between 2020 and 2021 the exports of Uranium and Thorium Ore decreased by -56.8%, from $398M to $172M. Trade in Uranium and Thorium Ore represent 0.0000082% of total world trade.
Uranium and Thorium Ore are a part of Ores, slag and ash. They include Uranium ores and concentrates and Thorium ores and concentrates.
Exports In 2021 the top exporters of Uranium and Thorium Ore were Thailand ($57.7M), Australia ($42.1M), Niger ($36.5M), Madagascar ($21.9M), and Russia ($8.54M).
Imports In 2021 the top importers of Uranium and Thorium Ore were China ($84.4M), United States ($42.1M), Canada ($35.7M), Vietnam ($8.54M), and France ($842k).
Tariffs In 2018 the average tariff for Uranium and Thorium Ore was 2.07%, making it the 1233rd lowest tariff using the HS4 product classification.
Ranking Uranium and Thorium Ore ranks 986th in the Product Complexity Index (PCI).
Description Uranium and thorium ores are used to produce nuclear fuel. Uranium and thorium concentrates are used to produce nuclear fuel.
The following visualization shows the latest trends on Uranium and Thorium Ore. 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.
Trade By Country
Uranium and Thorium Ore are the world's 1143rd most traded product.
In 2021, the top exporters of Uranium and Thorium Ore were Thailand ($57.7M), Australia ($42.1M), Niger ($36.5M), Madagascar ($21.9M), and Russia ($8.54M).
In 2021, the top importers of Uranium and Thorium Ore were China ($84.4M), United States ($42.1M), Canada ($35.7M), Vietnam ($8.54M), and France ($842k).
Trade by country
Top Origin Growth (2020 - 2021): Thailand, $38.7M
Top Destination Growth (2020 - 2021): China, $43.8M
Between 2020 and 2021, the exports of Uranium and Thorium Ore grew the fastest in Thailand ($38.7M), Australia ($16M), Madagascar ($10.2M), Russia ($8.54M), and Nigeria ($1.69M).
Between 2020 and 2021, the fastest growing importers of Uranium and Thorium Ore were China ($43.8M), United States ($9.82M), Vietnam ($8.54M), Russia ($130k), and Greece ($112k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Uranium and Thorium Ore.
In 2021, market concentration measured using Shannon Entropy, was 2.31. This means that most of the exports of Uranium and Thorium Ore are explained by 4 countries.
This map shows which countries export or import more of Uranium and Thorium Ore. Each country is colored based on the difference in exports and imports of Uranium and Thorium Ore during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Uranium and Thorium Ore were Thailand ($57.7M), Australia ($42.1M), Niger ($36.5M), Madagascar ($21.9M), and Russia ($8.4M).
In 2021, the countries that had a largest trade value in imports than in exports of Uranium and Thorium Ore were China ($84.3M), United States ($42.1M), Canada ($35.7M), Vietnam ($8.23M), and France ($833k).
In 2021, the world most traded Uranium and Thorium Ore, disaggragated by their HS6 level were Thorium ores and concentrates ($92.9M) and Uranium ores and concentrates ($79M)
This visualization shows the countries that have an important ratio of their trade related to Uranium and Thorium Ore. It is possible to select the main countries that export or import Uranium and Thorium Ore in the world, or by continent, as well as select the measure of interest.
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.
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