⚗ A by-product, not a primary metal. Helium is not mined for its own sake — it is recovered as a by-product of natural gas. So its supply tracks the natural gas market, not its own price: a shortage can’t quickly pull more out of the ground, because miners dig for natural gas, not for this. That inelastic supply is a core, often-missed supply-risk driver.
Qatar’s share of world helium exports, 2002–2024: 0% ↑ 28%
The chain — from the ground to the buyer
A critical material passes through distinct stages, and the country that leads each stage is often different — that gap is what this atlas exists to show. Each layer comes from a different public source with its own vintage, labelled below; shares are % of the world total.
● Reserves — where it could come from
Reserves are the deposits known to exist and economically worth mining — the long-run ceiling on supply, distinct from what is actually produced today. Helium's reserves are moderately concentrated: 🇶🇦 Qatar holds the most (28%), ahead of 🇺🇸 United States (23%) and 🇩🇿 Algeria (22%). At today's extraction rate the known reserves would last roughly 216 years, so scarcity is not the binding constraint — access, capital and processing capacity are. Tellingly, the country sitting on the most ore (🇶🇦 Qatar) is not the one extracting it (🇺🇸 United States) — geology sets the ceiling, but capacity and policy decide who actually supplies the market. USGS 2024 · reserves as of 2023
🇶🇦 Qatar28%
🇺🇸 United States23%
🇩🇿 Algeria22%
🇷🇺 Russia19%
🇨🇦 Canada5%
🇨🇳 China3%
● Mined — where it is dug up today
Mining is where ore leaves the ground — the stage most people equate with “the source”, though it is rarely where the supply risk actually concentrates. Output is concentrated: 🇺🇸 United States supplies 46%, with 🇶🇦 Qatar (39%) next. It out-produces reserve-richer 🇶🇦 Qatar while holding just 23% of reserves itself — supply power at this stage is built on installed capacity, not geology. USGS 2024 · 2023 production
🇺🇸 United States46%
🇶🇦 Qatar39%
🇩🇿 Algeria6%
🇷🇺 Russia5%
🇨🇦 Canada2%
🇵🇱 Poland2%
● Refined / processed — where it becomes usable metal
Refining / processing converts ore into the metal or compound buyers actually purchase; it concentrates in fewer hands than mining and sits at the buyer's doorstep, which is why it is usually the true chokepoint. A country-level processing breakdown is not publicly reported for helium — only the leading refiner is known, which itself signals how opaque this stage is. leading refiner only — fuller breakdown not publicly reported
not available
● Recycling & substitutability — the mitigants (EU CRM)
1% of supply comes from recycling end-of-life products. Substitutability is high — few or no alternatives, so a disruption bites hard.
● Traded — who ships it
Actual bilateral trade of the traded form, reconciled from UN Comtrade / CEPII BACI. Pick a year below — 2018–2024 measured, 2025* nowcast, 2026** directional scenario. The full 2002–2026 range is on the interactive atlas.
year2024
Top exporters — reconciled trade, 2018
Country
share
value
tonnes
$/t
🇶🇦 Qatar
29%
$424M
—
—
🇺🇸 United States
27%
$401M
—
—
🇩🇪 Germany
7%
$102M
—
—
🇩🇿 Algeria
7%
$101M
—
—
🇫🇷 France
5%
$68M
—
—
🇦🇪 United Arab Emirates
2%
$36M
—
—
Top importers — reconciled trade, 2018
Country
share
value
tonnes
$/t
🇨🇳 China
15%
$223M
—
—
🇰🇷 South Korea
10%
$142M
—
—
🇯🇵 Japan
8%
$115M
—
—
🇩🇪 Germany
7%
$107M
—
—
🇬🇧 United Kingdom
7%
$97M
—
—
🇧🇪 Belgium
6%
$89M
—
—
Top exporters — reconciled trade, 2019
Country
share
value
tonnes
$/t
🇶🇦 Qatar
29%
$477M
—
—
🇺🇸 United States
25%
$405M
—
—
🇩🇿 Algeria
10%
$171M
—
—
🇩🇪 Germany
6%
$104M
—
—
🇫🇷 France
6%
$104M
—
—
🇦🇪 United Arab Emirates
3%
$46M
—
—
Top importers — reconciled trade, 2019
Country
share
value
tonnes
$/t
🇨🇳 China
16%
$264M
—
—
🇰🇷 South Korea
10%
$165M
—
—
🇩🇪 Germany
7%
$121M
—
—
🇫🇷 France
7%
$119M
—
—
🇯🇵 Japan
7%
$115M
—
—
🇬🇧 United Kingdom
6%
$94M
—
—
Top exporters — reconciled trade, 2020
Country
share
value
tonnes
$/t
🇶🇦 Qatar
29%
$563M
—
—
🇺🇸 United States
24%
$466M
—
—
🇩🇿 Algeria
8%
$164M
—
—
🇩🇪 Germany
7%
$134M
—
—
🇫🇷 France
5%
$100M
—
—
🇦🇺 Australia
3%
$61M
—
—
Top importers — reconciled trade, 2020
Country
share
value
tonnes
$/t
🇨🇳 China
15%
$298M
—
—
🇰🇷 South Korea
12%
$240M
—
—
🇩🇪 Germany
8%
$157M
—
—
🇫🇷 France
7%
$133M
—
—
🇯🇵 Japan
6%
$121M
—
—
🇬🇧 United Kingdom
6%
$108M
—
—
Top exporters — reconciled trade, 2021
Country
share
value
tonnes
$/t
🇶🇦 Qatar
31%
$613M
—
—
🇺🇸 United States
19%
$385M
—
—
🇩🇿 Algeria
8%
$158M
—
—
🇩🇪 Germany
8%
$152M
—
—
🇫🇷 France
6%
$116M
—
—
🇨🇳 China
3%
$68M
—
—
Top importers — reconciled trade, 2021
Country
share
value
tonnes
$/t
🇨🇳 China
16%
$325M
—
—
🇰🇷 South Korea
14%
$284M
—
—
🇫🇷 France
7%
$132M
—
—
🇯🇵 Japan
6%
$126M
—
—
🇩🇪 Germany
6%
$116M
—
—
🇺🇸 United States
5%
$97M
—
—
Top exporters — reconciled trade, 2022
Country
share
value
tonnes
$/t
🇶🇦 Qatar
24%
$762M
—
—
🇨🇳 China
21%
$666M
—
—
🇺🇸 United States
15%
$468M
—
—
🇰🇷 South Korea
7%
$215M
—
—
🇩🇿 Algeria
6%
$190M
—
—
🇷🇺 Russia
5%
$156M
—
—
Top importers — reconciled trade, 2022
Country
share
value
tonnes
$/t
🇰🇷 South Korea
28%
$877M
—
—
🇨🇳 China
17%
$543M
—
—
🇯🇵 Japan
8%
$257M
—
—
🇺🇸 United States
5%
$144M
—
—
🇸🇬 Singapore
4%
$141M
—
—
🇫🇷 France
4%
$131M
—
—
Top exporters — reconciled trade, 2023
Country
share
value
tonnes
$/t
🇶🇦 Qatar
31%
$989M
—
—
🇩🇿 Algeria
17%
$557M
—
—
🇺🇸 United States
15%
$479M
—
—
🇫🇷 France
7%
$211M
—
—
🇨🇳 China
6%
$208M
—
—
🇩🇪 Germany
4%
$132M
—
—
Top importers — reconciled trade, 2023
Country
share
value
tonnes
$/t
🇨🇳 China
17%
$533M
—
—
🇫🇷 France
16%
$512M
—
—
🇰🇷 South Korea
12%
$385M
—
—
🇯🇵 Japan
6%
$205M
—
—
🇩🇪 Germany
6%
$185M
—
—
🇺🇸 United States
4%
$139M
—
—
Top exporters — reconciled trade, 2024
Country
share
value
tonnes
$/t
🇶🇦 Qatar
28%
$856M
8.4 kt
$101,991/t
🇩🇿 Algeria
18%
$555M
4.8 kt
$114,040/t
🇺🇸 United States
15%
$465M
4.7 kt
$99,120/t
🇫🇷 France
7%
$222M
2.7 kt
$82,069/t
🇷🇺 Russia
6%
$176M
3.0 kt
$58,973/t
🇩🇪 Germany
5%
$145M
2.3 kt
$63,597/t
Top importers — reconciled trade, 2024
Country
share
value
tonnes
$/t
🇫🇷 France
15%
$464M
5.4 kt
$86,117/t
🇨🇳 China
15%
$458M
4.1 kt
$111,391/t
🇰🇷 South Korea
10%
$311M
2.4 kt
$131,293/t
🇩🇪 Germany
9%
$283M
3.3 kt
$85,062/t
🇯🇵 Japan
7%
$198M
1.3 kt
$155,579/t
🇺🇸 United States
5%
$163M
1.5 kt
$110,965/t
Top exporters — reconciled trade, 2025
Country
share
value
tonnes
$/t
🇶🇦 Qatar
33%
$775M
—
—
🇩🇪 Germany
15%
$344M
—
—
🇩🇿 Algeria
14%
$339M
—
—
🇺🇸 United States
10%
$241M
—
—
🇨🇳 China
3%
$83M
—
—
🇵🇱 Poland
3%
$69M
—
—
Top importers — reconciled trade, 2025
Country
share
value
tonnes
$/t
🇩🇪 Germany
31%
$745M
—
—
🇬🇧 United Kingdom
8%
$200M
—
—
🇫🇷 France
8%
$182M
—
—
🇰🇷 South Korea
5%
$129M
—
—
🇪🇸 Spain
5%
$112M
—
—
🇯🇵 Japan
3%
$75M
—
—
Top exporters — reconciled trade, 2026
Country
share
value
tonnes
$/t
🇶🇦 Qatar
33%
$774M
—
—
🇩🇪 Germany
15%
$344M
—
—
🇩🇿 Algeria
14%
$339M
—
—
🇺🇸 United States
10%
$241M
—
—
🇨🇳 China
3%
$83M
—
—
🇵🇱 Poland
3%
$69M
—
—
Top importers — reconciled trade, 2026
Country
share
value
tonnes
$/t
🇩🇪 Germany
31%
$745M
—
—
🇬🇧 United Kingdom
8%
$200M
—
—
🇫🇷 France
8%
$182M
—
—
🇰🇷 South Korea
5%
$129M
—
—
🇪🇸 Spain
5%
$112M
—
—
🇯🇵 Japan
3%
$75M
—
—
Context
A diversified gas dependency: Algeria ~37%, Qatar ~31% and the US ~21%. The naive view splits across Germany and France; the origins are North African, Gulf and American.