Uranium is a radioactive, silver-colored metal that plays a vital role in both military and civilian applications. It is widely used in nuclear power generation and is also utilized in defense industries because of its exceptional density and nuclear characteristics.

Global uranium exports reached US$17.9 billion in 2025, representing a remarkable 214.5% increase compared to US$5.7 billion recorded in 2021.

Compared with 2024, however, worldwide uranium export value edged down by 7.9%, reflecting a slight cooling in international trade.

Types of Uranium Exports

International uranium exports are generally classified into three major product categories under the Harmonized System (HS):

· HS Code 284410: Natural uranium and its compounds

· HS Code 284420: Enriched uranium

· HS Code 284430: Depleted uranium

Exports of natural uranium totaled US$8.1 billion in 2025, increasing 150.7% over the past five years but declining 10.7% compared with 2024.

Enriched uranium generated US$9.75 billion in export revenue. Although export value surged 306.7% from 2021, it slipped 5.3% year over year.

The smallest segment, depleted uranium, accounted for US$69.9 million in exports during 2025. That represented virtually no change compared with 2021 (-0.1%) and a 23.4% decline from 2024.

Natural Uranium Exports by Country

The following countries recorded the highest export values for natural uranium in 2025.

1.Kazakhstan: US$4.2 billion (51.6%)

2.Canada: US$2.6 billion (31.7%)

3.United States: US$836.1 million (10.3%)

4.Uzbekistan: US$320.9 million (4%)

5.Russia: US$55.2 million (0.7%)

6.Ukraine: US$54.2 million (0.67%)

7.France: US$32.3 million (0.4%)

8.South Africa: US$24.5 million (0.3%)

9.Romania: US$15.1 million (0.19%)

10.Netherlands: US$10.7 million (0.13%)

11.Germany: US$2.8 million (0.035%)

12.United Kingdom: US$258,000 (0.003%)

13.Colombia: US$63,000 (0.0008%)

14.United Arab Emirates: US$35,000 (0.0004%)

15.Egypt: US$34,000 (0.0004%)

Together, these 15 exporters supplied 99.9994% of global natural uranium exports by value in 2025.

The strongest year-over-year growth was recorded by the Netherlands (+483%), followed by the United Kingdom (+37%) and Russia (+23.3%).

Meanwhile, the steepest declines were reported by Egypt (-67.9%), South Africa (-58.3%), France (-44.5%), Germany (-36.3%), and Ukraine (-30.8%).

Enriched Uranium Exports by Country

The leading exporters of enriched uranium during 2025 were:

1.Russia: US$3.2 billion (33%)

2.France: US$3 billion (30.6%)

3.Netherlands: US$1.7 billion (17.6%)

4.Germany: US$1.4 billion (14.3%)

5.Mainland China: US$256.1 million (2.6%)

6.United States: US$133.6 million (1.4%)

7.Sweden: US$17.8 million (0.2%)

8.Uzbekistan: US$13.8 million (0.14%)

9.Kazakhstan: US$6.6 million (0.07%)

10.United Kingdom: US$995,000 (0.01%)

11.Spain: US$106,000 (0.0011%)

12.Belarus: US$72,000 (0.0007%)

13.Australia: US$71,000 (0.001%)

14.Israel: US$39,000 (0.0004%)

15.South Africa: US$21,000 (0.0002%)

These countries together accounted for 99.9997% of global enriched uranium exports in 2025.

The fastest-growing exporters were the United States (+242.7%), the United Kingdom (+208%), Sweden (+79.9%), and Russia (+15.3%).

Countries experiencing declining export values included Spain (-99.5%), Mainland China (-53%), Kazakhstan (-50.1%), the Netherlands (-29.1%), and France (-2.7%).

Depleted Uranium Exports by Country

The world's leading exporters of depleted uranium in 2025 were:

1.South Africa: US$38.7 million (55.3%)

2.Sweden: US$10.8 million (15.4%)

3.Australia: US$9.7 million (13.9%)

4.United States: US$6.6 million (9.4%)

5.Italy: US$678,000 (1%)

6.Estonia: US$526,000 (0.8%)

7.France: US$404,000 (0.6%)

8.Malaysia: US$394,000 (0.56%)

9.Norway: US$266,000 (0.38%)

10.Switzerland: US$241,000 (0.34%)

11.India: US$216,000 (0.31%)

12.Germany: US$204,000 (0.29%)

13.Portugal: US$178,000 (0.25%)

14.Russia: US$174,000 (0.25%)

15.Czech Republic: US$164,000 (0.23%)

Combined, these countries supplied 98.9% of global depleted uranium exports by value in 2025.

Among the fastest-growing exporters were Italy (+4,420%), Norway (+964%), Australia (+544.4%), and Estonia (+232.9%).

Export declines were most notable in Portugal (-84.6%), Czech Republic (-81.4%), the United States (-46.1%), South Africa (-42%), and India (-22%).

Major Uranium Export Companies

According to Tendata, the leading uranium exporters in 2025 include:

1.АКЦИОНЕРНОЕ ОБЩЕСТВО НАЦИОНАЛЬНАЯ АТОМНАЯ КОМПАНИЯ КАЗАТОМПРОМ (34.21%, $2,553.21 Million)

2.NAVOIYURAN DAVLAT KORXONASI (14.93%, $1,114.34 Million)

3.SWAKOP URANIUM PTY LTD (11.08%, $827.01 Million)

4.ТОВАРИЩЕСТВО С ОГРАНИЧЕННОЙ ОТВЕТСТВЕННОСТЬЮ КАРАТАУ (6.55%, $488.74 Million)

5.ROSSING URANIUM LIMITED (5.32%, $396.76 Million)

6.ТОВАРИЩЕСТВО С ОГРАНИЧЕННОЙ ОТВЕТСТВЕННОСТЬЮ СОВМЕСТНОЕ ПРЕДПРИЯТИЕ БУДЕНОВСКОЕ (4.82%, $359.91 Million)

7.LANGER HEINRICH URANIUM PTY LTD (3.48%, $259.45 Million)

8.ТОВАРИЩЕСТВО С ОГРАНИЧЕННОЙ ОТВЕТСТВЕННОСТЬЮ СОВМЕСТНОЕ ПРЕДПРИЯТИЕ ЮЖНАЯ ГОРНО ХИМИЧЕСКАЯ КОМПАНИЯ (3.44%, $256.92 Million)

9.АКЦИОНЕРНОЕ ОБЩЕСТВО СОВМЕСТНОЕ ПРЕДПРИЯТИЕ АКБАСТАУ (3.33%, $248.73 Million)

10.ТОО ДОБЫВАЮЩЕЕ ПРЕДПРИЯТИЕ ОРТАЛЫК (2.73%, $203.77 Million)

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