Subheading · Section V
2612.20: Thorium ores and concentrates
- FreeUK
- FreeEU
- 5%Türkiye
- FreeUSA
- US$43.2mWorld trade in 2024
2612.20 is a six-digit subheading of heading 2612, uranium or thorium ores and concentrates, chapter 26.
In the UK Global Tariff, subheading 2612.20 covers 2 tariff lines and the duty is duty-free.
The EU Combined Nomenclature divides subheading 2612.20 into 2 tariff lines; the duty is duty-free.
In the Turkish Customs Tariff Schedule, subheading 2612.20 covers 2 tariff lines and the statutory rate is 5%.
The Harmonized Tariff Schedule of the United States has one tariff line for subheading 2612.20; the duty is duty-free.
World trade in these goods reached US$43.2m in 2024, down 73% on 2023.
Madagascar was the largest exporter with 39.5% of the total, ahead of Thailand.
China imported the most (US$43.1m).
The United Kingdom ranked 10th among 21 exporters with US$6.3k; its largest buyer was Taiwan.
The United Kingdom imported US$100, most of it from Finland.
Duty rates compared
UK Free Third-country duty 2 tariff lines 
EU Free Third-country duty 2 tariff lines 
Türkiye 5% Statutory rate (Law 474) 2 tariff lines 
USA Free General (MFN) 1 tariff line The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.
UK Global Tariff
UK lines →- 2612 20 00 00 Thorium ores and concentrates
- 2612 20 10 00 Monazite; urano-thorianite and other thorium ores and concentrates, with a thorium content of more than 20% by weight Free
- 2612 20 90 00 Other Free
EU Combined Nomenclature
EU lines →- 2612 20 Thorium ores and concentrates:
- 2612 20 10 Monazite; urano-thorianite and other thorium ores and concentrates, with a thorium content of more than 20 % by weight (Euratom) Free—
- 2612 20 90 Other Free—
Turkish Customs Tariff Schedule
Türkiye lines →This line has no official text in this language; it is shown in the language of its tariff.
- 2612.20 Toryum cevherleri ve zenginleştirilmiş toryum cevherleri:
- 2612.20.10.00.00 Monazit; içinde ağırlık itibariyle % 20' den fazla toryum bulunan urano -torianit ve diğer toryum cevherleri ve zenginleştirilmiş diğer toryum cevherleri (EURATOM) 5%
- 2612.20.90.00.00 Diğerleri 5%
Harmonized Tariff Schedule of the United States
USA lines →- 2612.20.00.00 Thorium ores and concentrates Freet
World trade in 2024
Trade value (US$) no reported trade < US$6.3kUS$6.3k+US$512.2k+US$16.3m+> US$17m
Exports: 21
- Madagascar: US$17m
- Thailand: US$16.3m
- Indonesia: US$4.9m
- Congo - Kinshasa: US$3.9m
- Malaysia: US$512.2k
- Nigeria: US$223.2k
- Brazil: US$133.2k
- Poland: US$48.3k
- India: US$33k
- United Kingdom: US$6.3k
- United States: US$5k
- Italy: US$4k
- Mozambique: US$1.8k
- Norway: US$400
- Australia: US$300
- Germany: US$200
- France: US$200
- China: US$100
- Finland: US$100
- Philippines: US$100
- Netherlands: US$0
Trade value (US$) no reported trade < US$400US$400+US$6.3k+US$48.3k+> US$43.1m
Imports: 18
- China: US$43.1m
- Switzerland: US$48.3k
- Japan: US$32.5k
- Taiwan: US$6.3k
- Israel: US$5k
- Spain: US$3.8k
- Bangladesh: US$400
- Finland: US$400
- Poland: US$300
- Belgium: US$200
- South Korea: US$200
- United Kingdom: US$100
- Malaysia: US$100
- Netherlands: US$100
- Canada: US$0
- Slovakia: US$0
- Türkiye: US$0
- South Africa: US$0
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  Madagascar | US$17m | 39.5% |
| 2 |  Thailand | US$16.3m | 37.7% |
| 3 |  Indonesia | US$4.9m | 11.4% |
| 4 |  Congo - Kinshasa | US$3.9m | 9.1% |
| 5 |  Malaysia | US$512.2k | 1.2% |
| 6 |  Nigeria | US$223.2k | 0.5% |
| 7 |  Brazil | US$133.2k | 0.3% |
| 8 |  Poland | US$48.3k | 0.1% |
| 9 |  India | US$33k | 0.1% |
| 10 | United Kingdom | US$6.3k | 0% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  China | US$43.1m | 99.8% |
| 2 |  Switzerland | US$48.3k | 0.1% |
| 3 |  Japan | US$32.5k | 0.1% |
| 4 |  Taiwan | US$6.3k | 0% |
| 5 |  Israel | US$5k | 0% |
| 6 |  Spain | US$3.8k | 0% |
| 7 |  Bangladesh | US$400 | 0% |
| 8 |  Finland | US$400 | 0% |
| 9 | Poland | US$300 | 0% |
| 10 |  Belgium | US$200 | 0% |
Questions and answers
What is the HS code for thorium ores and concentrates?
Thorium ores and concentrates fall under HS subheading 2612.20, part of heading 2612, in section V of the Harmonized System.
What is the import duty on thorium ores and concentrates in the UK?
Under the UK Global Tariff, imports under 2612.20 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.
What is the import duty on thorium ores and concentrates in the EU?
Under the EU Combined Nomenclature, imports under 2612.20 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.
Which country exports the most thorium ores and concentrates?
Madagascar, with US$17m in 2024 (39.5% of world exports).