Overview This page contains the latest trade data of Silver. In 2020, Silver were the world's 142nd most traded product, with a total trade of $25.2B. Between 2019 and 2020 the exports of Silver grew by 43.8%, from $17.5B to $25.2B. Trade in Silver represent 0.15% of total world trade.
Silver are a part of Precious metals, gems and jewelry. They include Silver in unwrought forms, Silver semi-manufactured including gold/platinum plat, and Silver powder.
Exports In 2020 the top exporters of Silver were United Kingdom ($2.97B), China ($2.51B), Mexico ($2.41B), United States ($1.9B), and Germany ($1.87B).
Imports In 2020 the top importers of Silver were United States ($5.6B), Canada ($3.39B), United Kingdom ($2.66B), Hong Kong ($2.43B), and China ($1.41B).
Tariffs In 2018 the average tariff for Silver was 5.19%, making it the 805th lowest tariff using the HS4 product classification.
Ranking Silver ranks 738th in the Product Complexity Index (PCI).
Description Silver is a metal that is used in jewelry, coins, and other products. It's also used in the production of some industrial goods.