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261220 (Harmonized System 1992 for 6-digit)

2022
World Trade $165MRnk 3847 / 4648
2022
Top Exporter | Top Importer $99.5M | $163MThailand | China
2022
Product Complexity -2.02Rnk 4527 / 4653
2021 - 2022
Export Growth (CAGR) 76.7%Rnk 81 / 4648
2022
Share of World Trade 0.0007%Rnk 3847 / 4648

About

Overview This page contains the latest trade data of Thorium ores and concentrates. In 2022, Thorium ores and concentrates were the world's 3847th most traded product, with a total trade of $165M. Between 2021 and 2022 the exports of Thorium ores and concentrates grew by 76.7%, from $93.3M to $165M. Trade in Thorium ores and concentrates represent 0.0007% of total world trade.

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

Exports In 2022 the top exporters of Thorium ores and concentrates  were Thailand ($99.5M), Madagascar ($34.6M), Nigeria ($15.9M), Democratic Republic of the Congo ($5.45M), and Vietnam ($3.23M).

Imports In 2022 the top importers of Thorium ores and concentrates were China ($163M), Canada ($1.76M), Hong Kong ($258k), Mexico ($24.6k), and France ($16.6k).

Ranking Thorium ores and concentrates ranks 4527th 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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Flow
Y-AXIS SCALE

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 (2022)Thailand$99.5M
Top Destination (2022)China$163M

In 2022 Thorium ores and concentrates were the world's 3847th most traded product (out of 4,648).

In 2022, the top exporters of Thorium ores and concentrates were Thailand ($99.5M), Madagascar ($34.6M), Nigeria ($15.9M), Democratic Republic of the Congo ($5.45M), and Vietnam ($3.23M).

In 2022, the top importers of Thorium ores and concentrates were China ($163M), Canada ($1.76M), Hong Kong ($258k), Mexico ($24.6k), and France ($16.6k).

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Exporters of Thorium ores and concentrates (2022)
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Importers of Thorium ores and concentrates (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Thailand$41.6M
Top Destination Growth (2021 -  2022)China$78.2M

Between 2021 and 2022, the exports of Thorium ores and concentrates grew the fastest in Thailand ($41.6M), Nigeria ($13.7M), Madagascar ($12.6M), Democratic Republic of the Congo ($5.45M), and Vietnam ($2.91M).

Between 2021 and 2022, the fastest growing importers of Thorium ores and concentrates were China ($78.2M), Canada ($1.76M), Hong Kong ($258k), Mexico ($24.6k), and France ($13.4k).

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Exporters of Thorium ores and concentrates (2021 - 2022)

Importers of Thorium ores and concentrates (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 1.75. This means that most of the exports of Thorium ores and concentrates are explained by 3 countries.

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Value of Exports in Thorium ores and concentrates

Net Trade

TOP NET EXPORTER (2022)Thailand$99.5M
TOP NET IMPORTER (2022)Spain$753

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Thorium ores and concentrates were Thailand ($99.5M), Madagascar ($34.6M), Nigeria ($15.9M), Democratic Republic of the Congo ($5.44M), and Vietnam ($3.23M).

In 2022, the countries that had a largest trade value in imports than in exports of Thorium ores and concentrates were Spain ($753).

Net Trade (2022)

Country Comparison

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Measure
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 (2022)

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