Exports In 2022, India exported $33.9M in Silver, making it the 41st largest exporter of Silver in the world. At the same year, Silver was the 660th most exported product in India. The main destination of Silver exports from India are: United Kingdom ($16.9M), United States ($6.49M), Germany ($2.36M), United Arab Emirates ($1.46M), and Italy ($939k).
The fastest growing export markets for Silver of India between 2021 and 2022 were United States ($516k), Germany ($341k), and Czechia ($192k).
Imports In 2022, India imported $1.32B in Silver, becoming the 8th largest importer of Silver in the world. At the same year, Silver was the 74th most imported product in India. India imports Silver primarily from: Russia ($203M), China ($195M), Kazakhstan ($152M), United Kingdom ($120M), and Switzerland ($108M).
The fastest growing import markets in Silver for India between 2021 and 2022 were China ($160M), Uzbekistan ($55M), and Kazakhstan ($46.2M).