Overview: This page contains the latest trade data of Silver. In 2018, Silver were the world's 201st most traded product, with a total trade of $18.3B. Between 2017 and 2018 the exports of Silver decreased by -1.3%, from $18.5B to $18.3B. Trade in Silver represent 0.099% of total world trade.
Exports: In 2018 the top exporters of Silver were Mexico ($1.81B), China ($1.59B), United Kingdom ($1.4B), Hong Kong ($1.37B), and South Korea ($1.37B).
Imports: In 2018 the top importers of Silver were India ($3.97B), United States ($3.33B), United Kingdom ($1.96B), Hong Kong ($1.46B), and China ($989M).
Tariffs: In 2018 the average tariff for Silver was 5.16%, been the 800 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Silver are Angola (50%), Ethiopia (34.7%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), United Arab Emirates (0%), China (0%), and Hong Kong (0%).
Ranking: Silver ranks 799th in the Product Complexity Index (PCI).