The global export of natural uranium is led by Kazakhstan, accounting for the largest share, followed by Canada and the United States. In 2023, Kazakhstan saw a modest year-on-year increase of 3.4%, while most Western nations, such as Canada and the United States, exhibited declines of 2.45% and 2.12%, respectively. Germany stood out with a significant increase of 52.23%, contrasting sharply with others like South Africa and the Netherlands, which witnessed downturns. Malaysia experienced a remarkable surge of over 200%, indicating a shift or new development in the region's uranium trade dynamics.
Looking forward, geopolitical factors, shifts in energy policy, and technological developments in nuclear energy are crucial elements to watch. The growth in nuclear energy investments and the associated demand for raw materials may influence these trends significantly. Additionally, environmental concerns and shifts towards sustainable energy sources could redefine the landscape of uranium exports globally.
Top countries in Export of Natural Uranium by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kazakhstan | 28,653,000 | 2023 | +1.84% | +3.4% | View data |
| 2 | 2 Canada | 10,687,000 | 2023 | -2.58% | -2.45% | View data |
| 3 | 3 United States | 3,560,500 | 2023 | -4.44% | -2.12% | View data |
| 4 | 4 France | 1,664,500 | 2023 | -7.34% | -4.08% | View data |
| 5 | 5 Ukraine | 1,403,800 | 2023 | +1.25% | +0.7% | View data |
| 6 | 6 Germany | 1,310,100 | 2023 | +3.61% | +52.23% | View data |
| 7 | 7 South Africa | 246,770 | 2023 | -11.89% | -12.16% | View data |
| 8 | 8 Netherlands | 67,370 | 2023 | -16.95% | -17.14% | View data |
| 9 | 9 United Kingdom | 36,560 | 2023 | -15.39% | -15.19% | View data |
| 10 | 10 Malaysia | 14,330 | 2023 | -1.05% | +208.83% | View data |
