Commodity Origins

How much uranium does Namibia export?

It is the largest exporter by value: $1.1 billion in 2024, 68% of world exports of uranium ores and concentrates (HS 261210) (CEPII BACI). Its biggest customer is China, which takes 74% of its uranium exports by value.

All about uranium · All about Namibia · Uranium price history

Namibia's uranium exports

Namibia exports of Uranium ores and concentrates, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
1$1.1 billion68%10,453 t$103,2842024

CEPII BACI international trade database (HS22, V202601), HS 261210 (Uranium ores and concentrates).

Where Namibia's uranium goes

Largest destinations of Namibia's uranium exports, 2024
DestinationValueShare of Namibia's exports
China$803M74%
France$138M13%
United States$88M8.1%
Canada$50M4.7%
Austria$20,668<0.1%

Largest five destinations of 46 exporter-importer pairs BACI reports for 2024. See trade flows.

The uranium price Namibia sells into

The benchmark price, Uranium, U3O8, NUEXCO restricted spot, was $71.09/lb in August 2026, up 21% over twelve months. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Uranium price history.

Cite as: Commodity Origins, "Namibia uranium: production, exports and prices", https://commodityorigins.com/countries/NAM/uranium/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.