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284329 (Harmonized System 1992 for 6-digit)

2023
World Trade $151MRnk 3848 / 4644
2023
Top Exporter | Top Importer $28.7M | $17.3MGermany | Malaysia
2023
Product Complexity 1.75Rnk 72 / 4656
2022 - 2023
Export Growth (CAGR) -55%Rnk 4543 / 4644
2023
Share of World Trade 0.00067%Rnk 3848 / 4644

About

Overview This page contains the latest trade data of Silver compounds other than silver nitrate. In 2023, Silver compounds other than silver nitrate were the world's 3848th most traded product, with a total trade of $151M. Between 2022 and 2023 the exports of Silver compounds other than silver nitrate decreased by -55%, from $336M to $151M. Trade in Silver compounds other than silver nitrate represent 0.00067% of total world trade.

Silver compounds other than silver nitrate are a part of Precious Metal Compounds.

Exports In 2023 the top exporters of Silver compounds other than silver nitrate  were Germany ($28.7M), Japan ($25.7M), United Kingdom ($18.7M), United States ($16.3M), and Singapore ($15.9M).

Imports In 2023 the top importers of Silver compounds other than silver nitrate were Malaysia ($17.3M), Singapore ($16.1M), Switzerland ($13.5M), Czechia ($7.76M), and Netherlands ($7.72M).

Ranking Silver compounds other than silver nitrate ranks 72nd in the Product Complexity Index (PCI).

Description One common use of silver compounds is as an antibacterial agent. Silver ions kills bacteria by interfering with the bacteria's DNA. A second common use of silver compounds is as a fungicide and disinfectant. Silver ions have been shown to kill and inhibit the growth of fungi. A third common use of silver compounds is as a fabric dye. Silver nitrate can be used to bleach fabric.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Silver compounds other than silver nitrate. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Germany$28.7M
Top Destination (2023)Malaysia$17.3M

In 2023 Silver compounds other than silver nitrate were the world's 3848th most traded product (out of 4,644).

In 2023, the top exporters of Silver compounds other than silver nitrate were Germany ($28.7M), Japan ($25.7M), United Kingdom ($18.7M), United States ($16.3M), and Singapore ($15.9M).

In 2023, the top importers of Silver compounds other than silver nitrate were Malaysia ($17.3M), Singapore ($16.1M), Switzerland ($13.5M), Czechia ($7.76M), and Netherlands ($7.72M).

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Exporters of Silver compounds other than silver nitrate (2023)
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Importers of Silver compounds other than silver nitrate (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$12.7M
Top Destination Growth (2022 -  2023)China$5.2M

Between 2022 and 2023, the exports of Silver compounds other than silver nitrate grew the fastest in Singapore ($12.7M), United States ($5.97M), South Korea ($1.72M), Bulgaria ($1.53M), and Spain ($1.38M).

Between 2022 and 2023, the fastest growing importers of Silver compounds other than silver nitrate were China ($5.2M), Thailand ($2.59M), Philippines ($1.83M), Spain ($1.68M), and France ($1.08M).

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Exporters of Silver compounds other than silver nitrate (2022 - 2023)

Importers of Silver compounds other than silver nitrate (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Silver compounds other than silver nitrate.

In 2023, market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Silver compounds other than silver nitrate are explained by 13 countries.

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Value of Exports in Silver compounds other than silver nitrate

Net Trade

TOP NET EXPORTER (2023)Japan$23.1M
TOP NET IMPORTER (2023)Malaysia$15.6M

This map shows which countries export or import more of Silver compounds other than silver nitrate. Each country is colored based on the difference in exports and imports of Silver compounds other than silver nitrate during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Silver compounds other than silver nitrate were Japan ($23.1M), Germany ($22.6M), United Kingdom ($15.1M), United States ($12.2M), and Italy ($4M).

In 2023, the countries that had a largest trade value in imports than in exports of Silver compounds other than silver nitrate were Malaysia ($15.6M), Switzerland ($12.5M), Thailand ($6.82M), Czechia ($6.76M), and China ($6.44M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Silver compounds other than silver nitrate.
It is possible to select the main countries that export or import Silver compounds other than silver nitrate in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Silver compounds other than silver nitrate by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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