Silver in   Mexico

Exports In 2021, Mexico exported $2.8B in Silver, making it the 4th largest exporter of Silver in the world. At the same year, Silver was the 34th most exported product in Mexico. The main destination of Silver exports from Mexico are: United States ($2.36B), Japan ($249M), Canada ($139M), Switzerland ($22.9M), and Brazil ($22.8M).

The fastest growing export markets for Silver of Mexico between 2020 and 2021 were United States ($299M), Japan ($100M), and Canada ($68.4M).

Imports In 2021, Mexico imported $135M in Silver, becoming the 24th largest importer of Silver in the world. At the same year, Silver was the 368th most imported product in Mexico. Mexico imports Silver primarily from: United States ($112M), Peru ($9.96M), Japan ($4.9M), France ($2.84M), and Denmark ($1.28M).

The fastest growing import markets in Silver for Mexico between 2020 and 2021 were United States ($30.2M), Peru ($9.96M), and France ($876k).

Tariffs In 2017, the average tariff for Mexico in Silver was 2.75%. The countries with the highest import tariffs for Silver were Argentina (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 4%), Brazil (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 4%), Cuba (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 3.6%), Venezuela (AR.PAR N° 04 - Preferencia Arancelaria Regional (Argentina Bolivia Brasil Chile Colombia Cuba Ecuador México Panamá Paraguay Perú Uruguay Venezuela), 3.6%), and Angola (Most Favoured Nation duty rate treatment, 3.33%).