HS Icon Uranium (enriched U235), plutonium compounds, alloys

284420 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.79B, Rnk 665 / 4726

Top Exporter (2018): $1.57B, Russia

Top Importer (2018): $1.57B, United States

Product Complexity (2018): 0.8, Rnk 1113 / 4873

Export Growth (CAGR)(2017 - 2018): -2.4%, Rnk 4008 / 4726

Mean Tariff (2018): 2.36%, Rnk 6031 / 6538

Share of World Trade (2018): 0.026%, Rnk 665 / 4726

Overview:  This page contains the latest trade data of Uranium (enriched U235), plutonium compounds, alloys. In 2018, Uranium (enriched U235), plutonium compounds, alloys were the world's 665th most traded product, with a total trade of $4.79B. Between 2017 and 2018 the exports of Uranium (enriched U235), plutonium compounds, alloys decreased by -2.4%, from  $4.9B to $4.79B. Trade in Uranium (enriched U235), plutonium compounds, alloys represent 0.026% of total world trade.

Exports: In 2018 the top exporters of Uranium (enriched U235), plutonium compounds, alloys  were Russia ($1.57B), Netherlands ($702M), United Kingdom ($617M), France ($550M), and Germany ($528M).

Imports: In 2018 the top importers of Uranium (enriched U235), plutonium compounds, alloys were United States ($1.57B), South Korea ($599M), Sweden ($598M), United Kingdom ($384M), and Germany ($370M).

Tariffs: In 2018 the average tariff for Uranium (enriched U235), plutonium compounds, alloys was 2.36%, been the 6031 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Uranium (enriched U235), plutonium compounds, alloys are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (13.3%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Uranium (enriched U235), plutonium compounds, alloys ranks 1113th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Russia, $1.57B

Top Destination (2018): United States, $1.57B

Uranium (enriched U235), plutonium compounds, alloys are the world's 665th most traded product.

In 2018, the top exporters of Uranium (enriched U235), plutonium compounds, alloys were Russia ($1.57B), Netherlands ($702M), United Kingdom ($617M), France ($550M), and Germany ($528M).

In 2018, the top importers of Uranium (enriched U235), plutonium compounds, alloys were United States ($1.57B), South Korea ($599M), Sweden ($598M), United Kingdom ($384M), and Germany ($370M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Russia, $177M

Top Destination Growth (2017 - 2018): Sweden, $225M

Between 2017 and 2018, the exports of Uranium (enriched U235), plutonium compounds, alloys grew the fastest in Russia ($177M), Netherlands ($173M), China ($54.4M), Spain ($49.9M), and Sweden ($27.7M).

Between 2017 and 2018, the fastest growing importers of Uranium (enriched U235), plutonium compounds, alloys were Sweden ($225M), United States ($138M), United Kingdom ($96.7M), Spain ($47.2M), and Netherlands ($45.9M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Uranium (enriched U235), plutonium compounds, alloys.

In 2018,  market concentration measured using Shannon Entropy, was 2.92. This means that most of the exports of Uranium (enriched U235), plutonium compounds, alloys are explained by 7 countries.

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TOP NET EXPORTER (2018): Russia, $1.53B

TOP NET IMPORTER (2018): United States, $1.41B

This map shows which countries export or import more of Uranium (enriched U235), plutonium compounds, alloys. Each country is colored based on the difference in exports and imports of Uranium (enriched U235), plutonium compounds, alloys during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Uranium (enriched U235), plutonium compounds, alloys were Russia ($1.53B), Netherlands ($649M), France ($425M), United Kingdom ($233M), and Germany ($158M).

In 2018, the countries that had a largest trade value in imports than in exports of Uranium (enriched U235), plutonium compounds, alloys were United States ($1.41B), Sweden ($547M), Japan ($251M), Spain ($162M), and Belgium-Luxembourg ($95.4M).

Trade Forecasts

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This section shows forecasts for total trade for Uranium (enriched U235), plutonium compounds, alloys. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Uranium (enriched U235), plutonium compounds, alloys was 2.36%.  The countries with the highest tariffs for importing Uranium (enriched U235), plutonium compounds, alloys were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (13.3%), and Aruba (12%).

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Product Complexity

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Diversification Frontier

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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.