2022
Exports | Imports
$3.2B | $2.33BWorld Rnk 2 / 144
Flag Rnk 23 / 1216
World Rnk 4 / 182
Flag Rnk 54 / 1214
2022
ECONOMIC COMPLEXITY of United Kingdom
1.38Rnk 12 / 124
2022
PRODUCT COMPLEXITY IN Silver
-0.99Rnk 838 / 1025

About

Exports In 2022, United Kingdom exported $3.2B in Silver, making it the 2nd largest exporter of Silver in the world. At the same year, Silver was the 23rd most exported product in United Kingdom. The main destination of Silver exports from United Kingdom are: Canada ($1.17B), Switzerland ($492M), Turkey ($486M), Germany ($304M), and Spain ($243M).

The fastest growing export markets for Silver of United Kingdom between 2021 and 2022 were Turkey ($486M), Switzerland ($361M), and Spain ($168M).

Imports In 2022, United Kingdom imported $2.33B in Silver, becoming the 4th largest importer of Silver in the world. At the same year, Silver was the 54th most imported product in United Kingdom. United Kingdom imports Silver primarily from: Kazakhstan ($572M), Hong Kong ($371M), Poland ($361M), Spain ($302M), and Germany ($161M).

The fastest growing import markets in Silver for United Kingdom between 2021 and 2022 were United States ($62.3M), Spain ($55.9M), and Germany ($43.2M).

COMPANIES In 2023, leading companies such as AMAZON SERVICES LLC (116) were at the forefront of shipping Silver from United Kingdom to the United States.

Latest Trends

December 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)£-197M(-82.1%)
IMPORT GROWTH (December 2022 - December 2023)£24.2M(12%)
MAIN EXPORTER (December 2023)
MAIN DESTINATION (December 2023)India£18.9M

This section shows Silver's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Silver over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.2B
IMPORTS (2022)$2.33B
NET TRADE (2022)$868M

In 2022, United Kingdom exported $3.2B in Silver. The main destinations of United Kingdom exports on Silver were Canada ($1.17B), Switzerland ($492M), Turkey ($486M), Germany ($304M), and Spain ($243M).

In 2022, United Kingdom imported $2.33B in Silver, mainly from Kazakhstan ($572M), Hong Kong ($371M), Poland ($361M), Spain ($302M), and Germany ($161M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Turkey$486M (713k%)
Switzerland$361M (277%)
Spain$168M (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY United Kingdom WERE (2021 - 2022):
India-$524M (-81.4%)
Germany-$104M (-25.5%)
United States-$55.1M (-24.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Silver were:
China $3.75B
Mexico $2.49B
In 2022, United Kingdom's main importing competitors in Silver were:

Explore Visualizations

Trade Value of Silver by Exporters

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