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Exports In 2023, India exported $187M in Silver, making it the 25th largest exporter of Silver in the world. At the same year, Silver was the 315th most exported product in India. The main destination of Silver exports from India are: United Kingdom ($91.4M), Switzerland ($79.9M), United States ($6.38M), Germany ($2.18M), and Canada ($1.52M).
The fastest growing export markets for Silver of India between 2022 and 2023 were United Kingdom ($89.7M), Switzerland ($79.4M), and Canada ($607k).
Imports In 2023, India imported $2.67B in Silver, becoming the 4th largest importer of Silver in the world. At the same year, Silver was the 34th most imported product in India. India imports Silver primarily from: China ($680M), United Kingdom ($662M), United Arab Emirates ($353M), Hong Kong ($237M), and Russia ($213M).
The fastest growing import markets in Silver for India between 2022 and 2023 were United Kingdom ($542M), United Arab Emirates ($316M), and Hong Kong ($215M).
