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2023
Exports $107MWorld Rnk 4 / 37
Flag Rnk 374 / 1212
2023
Destination $64.2M United States
2022 - 2023
FASTEST GROWING MARKET $64.2MUnited States
2023
PRODUCT COMPLEXITY IN Uranium and Thorium Ore-1.82Rnk 983 / 1025
2023
Imports $76.4MWorld Rnk 4 / 28
Flag Rnk 602 / 1211
2023
Origin $23.1M Namibia
2022 - 2023
FASTEST GROWING ORIGIN $23.1MNamibia
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $107M in Uranium and Thorium Ore, making it the 4th largest exporter of Uranium and Thorium Ore in the world. At the same year, Uranium and Thorium Ore was the 374th most exported product in Canada. The main destination of Uranium and Thorium Ore exports from Canada are: United States ($65.3M), France ($41.7M), Austria ($101), Germany ($44), and United Kingdom ($15).

The fastest growing export markets for Uranium and Thorium Ore of Canada between 2022 and 2023 were United States ($64.2M), France ($41.7M), and Austria ($101).

Imports In 2023, Canada imported $76.4M in Uranium and Thorium Ore, becoming the 4th largest importer of Uranium and Thorium Ore in the world. At the same year, Uranium and Thorium Ore was the 602nd most imported product in Canada. Canada imports Uranium and Thorium Ore primarily from: Namibia ($76.4M), Germany ($21), and United States ($10).

The fastest growing import markets in Uranium and Thorium Ore for Canada between 2022 and 2023 were Namibia ($23.1M) and Germany ($21).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Uranium and Thorium Ore exports accounted up to C$90 and imports accounted up to C$18, resulting in a positive trade balance of C$72. Between March 2023 and November 2024 the exports of Canada's   Uranium and Thorium Ore have decreased by C$-2.23M (-100%) from C$2.23M to C$90, while imports decreased by C$-137 (-88.4%) from C$155 to C$18.

Destinations In November 2024, Uranium and Thorium Ore were exported mostly to Austria (C$90), and were imported mostly from .

Growth In November 2024, the decrease in Uranium and Thorium Ore's year-by-year exports was explained primarily by a decrease in exports to . In March 2024, the decrease in Uranium and Thorium Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - November 2024)C$-2.23M(-100%)
IMPORT GROWTH (January 2021 - March 2024)C$-137(-88.4%)
MAIN EXPORTER (November 2024)SaskatchewanC$26.2M
MAIN DESTINATION (November 2024)AustriaC$90

This section shows Uranium and Thorium Ore's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Uranium and Thorium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$107M
IMPORTS (2023)$76.4M
NET TRADE (2023)$30.7M

In 2023, Canada exported $107M in Uranium and Thorium Ore. The main destinations of Canada exports on Uranium and Thorium Ore were United States ($65.3M), France ($41.7M), Austria ($101), Germany ($44), and United Kingdom ($15).

In 2023, Canada imported $76.4M in Uranium and Thorium Ore, mainly from Namibia ($76.4M), Germany ($21), and United States ($10).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Uranium and Thorium Ore EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$64.2M (5.49k%)
France$41.7M (1%)
Austria$101 (1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Uranium and Thorium Ore were:
Australia $215M
Niger $204M
Namibia $177M
In 2023, Canada's main importing competitors in Uranium and Thorium Ore were:
France $346M
United States $281M
China $162M

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Trade Value of Uranium and Thorium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $642k
TOP IMPORT POTENTIALUnited States+ $3.81k

Uranium and Thorium Ore’s highest export potential is United States. With an export gap of $642k.   Uranium and Thorium Ore’s highest import potential is United States with an import gap of $3.81k.

See methodology.

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