Uranium ore exports from Namibia: data, top buyers and prices
Exports of uranium ore by Namibia reached $1.08 billion in 2024 (10.4 thousand tonnes). That makes it the largest exporter of this product worldwide, out of 34 countries. That is 520% more than in 2023. Over 2017-2024 the trade grew strongly, by about 20% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.08B | 10.4K t |
| 2023 | $174.5M | 1.5K t |
| 2022 | $263.5M | 2.3K t |
| 2021 | $101.6M | 987 t |
| 2020 | $89.7M | 826 t |
| 2019 | $712.1M | 7.0K t |
| 2018 | $252.7M | 4.1K t |
| 2017 | $310.7M | 4.6K t |
Where Namibia exports uranium ore to
One buyer market dominates: China accounted for 74% of the value. Among the main buyer markets, France grew fastest (+40% on the year before).
| Destination | Value | Share |
|---|---|---|
| China | $803.2M | 74% |
| France | $138.4M | 13% |
| United States | $89.6M | 8.3% |
| Canada | $50.3M | 4.7% |
| Austria | $21K | 0% |
| South Africa | $0K | 0% |
Average export price per kg
The average declared value was about $103.60 per kg, 346% above the world average of $23.21. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Namibia?
The shipment records behind Namibia uranium ore exports (HS 2612): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2612: Uranium or thorium ores and concentrates.
Common questions
What is the value of uranium ore exported by Namibia?
Namibia exported uranium ore worth $1.08 billion in 2024, the latest year with complete public data, about 10.4 thousand tonnes. That ranks it 1st of 34 countries worldwide, with 67% of world exports. The value was up 520% on 2023.
Which countries buy uranium ore from Namibia?
China was the largest buyer with 74% of the value ($803.2 million), followed by France (13%) and the United States (8%). The top three together account for 95%, out of 6 buyer countries in total. France grew fastest among the top ten, up 40% on the year.
What is the average export price of uranium ore per kg?
The average declared export value was about $103.60 per kg in 2024, 346% above the world average of $23.21 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have exports of uranium ore from Namibia changed since 2017?
Exports went from $310.7 million in 2017 to $1.08 billion in 2024, an increase of 248%. 2024 was the highest year in the period. Over 8 years the average was $373.3 million a year.
What is the HS code for uranium ore?
The HS code for uranium ore is heading 2612. In Namibia all of this trade was declared under the six-digit code 2612.10. It sits in HS chapter 26 (ores, slag and ash). The full list of codes and descriptions is on the HS 2612 page.
How can I find the companies behind this trade?
Shipment-level records for Namibia reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
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