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Uranium: top exporters and importers (2024)

In 2024, world trade in uranium totaled $12.4 billion (147 thousand tonnes). The top exporters were Kazakhstan (36%), Canada (26%) and Namibia (15%); the top importers were China (27%), the United States (17%) and Russia (15%). Compared with 2019, the value rose 149%.

Summary

World trade
$12.4billion
Tonnes
147thousand tonnes
Price per tonne
$83,776
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Kazakhstan$4.5 billion · 36.2%
    see destinations
  2. Canada$3.3 billion · 26.5%
    see destinations
  3. Namibia$1.8 billion · 14.8%
    see destinations
  4. United States$957 million · 7.8%
  5. Australia$780 million · 6.3%
  6. France$389 million · 3.2%
  7. Niger$240 million · 1.9%
  8. Uzbekistan$169 million · 1.4%
  9. Ukraine$79 million · 0.64%
  10. South Africa$73 million · 0.59%
  11. Russia$45 million · 0.37%
  12. Thailand$16 million · 0.13%
  13. Madagascar$15 million · 0.12%
  14. Germany$6 million · 0.05%
  15. Indonesia$5 million · 0.04%
  16. Democratic Republic of the Congo$4 million · 0.03%
  17. Netherlands$2 million · 0.02%
    re-exports
  18. Japan$1 million · 0.01%
  19. United Arab Emirates$925 thousand · 0.01%
  20. Malaysia$661 thousand · 0.01%

Top importers

  1. China$3.3 billion · 26.6%
    see sources
  2. United States$2.1 billion · 17%
    see sources
  3. Russia$1.9 billion · 15.1%
  4. Netherlands$1.3 billion · 10.4%
    re-exports
  5. France$1 billion · 8.3%
  6. United Kingdom$913 million · 7.4%
  7. Germany$854 million · 6.9%
  8. Canada$727 million · 5.9%
  9. Romania$153 million · 1.2%
  10. South Korea$47 million · 0.38%
  11. India$47 million · 0.38%
  12. Brazil$36 million · 0.29%
  13. Sweden$4 million · 0.04%
  14. South Africa$2 million · 0.02%
  15. Egypt$2 million · 0.01%
  16. Malaysia$1 million · 0.01%
  17. Spain$656 thousand · 0.01%
  18. Namibia$645 thousand · 0.01%
  19. Nigeria$319 thousand · 0%
  20. Belgium$172 thousand · 0%
    re-exports

Trend

Who sells it

Kazakhstan has been the top exporter since 2012

Value in USD billions. The five largest exporters in 2024.

  • Kazakhstan 4.5
  • Canada 3.3
  • Namibia 1.8
  • United States 0.96
  • Australia 0.78

Source: CEPII BACI

Show the numbers
Country19952024
Kazakhstan0.024.5
Canada0.513.3
Namibia01.8
United States0.030.96
Australia0.080.78

Price

Implied price

The price per tonne rose 6,596% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $83,776

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,251
1996—
1997—
1998—
1999—
2000$22,672
2001$20,829
2002$23,394
2003$26,793
2004$26,649
2005$38,058
2006$61,408
2007$13,922
2008$104,075
2009$30,055
2010$89,256
2011$85,262
2012$89,368
2013$86,407
2014$70,727
2015$66,080
2016$37,625
2017$40,848
2018$46,495
2019$46,686
2020$45,269
2021$46,096
2022$61,444
2023$70,532
2024$83,776

What it includes

Uranium ore and natural uranium; excludes enriched fuel.

  • 2612 · Uranium and thorium ore
  • 284410 · subheading of heading 2844: Radioactive elements

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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