Silver-clad metal trade by country: top importers, exporters and prices
World trade in silver-clad metal was worth $119.3 million in 2024, about 701 tonnes. That is an increase of 9% since 2017, and up 10% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $119.3M | 701 t |
| 2023 | $108.4M | 883 t |
| 2022 | $158.3M | 1.1K t |
| 2021 | $157.5M | 941 t |
| 2020 | $125.3M | 2.2K t |
| 2019 | $112.8M | 811 t |
| 2018 | $118.8M | 3.5K t |
| 2017 | $109.8M | 3.1K t |
Top silver-clad metal exporting countries
Exports are led by Germany (31%), Japan (22%) and China (16%). 67 countries reported exports, and the top three account for 69%.
| Exporter | Value | Share |
|---|---|---|
| Germany | $36.6M | 31% |
| Japan | $26.5M | 22% |
| China | $18.7M | 16% |
| United States | $13.4M | 11% |
| France | $5.3M | 4.5% |
| United Kingdom | $4.3M | 3.6% |
| South Korea | $2.6M | 2.2% |
| Italy | $2.5M | 2.1% |
| India | $2.1M | 1.7% |
| Turkey | $1.8M | 1.5% |
| Indonesia | $948K | 0.8% |
| Greece | $661K | 0.6% |
Top importing countries and buyer markets
The largest importers are China (11%), Vietnam (8%) and Italy (8%). 120 countries imported it, and the top three take 26% of the value.
| Importer | Value | Share |
|---|---|---|
| China | $12.7M | 11% |
| Vietnam | $9.7M | 8.1% |
| Italy | $9.2M | 7.8% |
| Germany | $8.3M | 6.9% |
| France | $7.1M | 5.9% |
| Japan | $6.8M | 5.7% |
| Croatia | $5.1M | 4.3% |
| Hungary | $5.1M | 4.3% |
| South Korea | $4.9M | 4.1% |
| Hong Kong | $4.4M | 3.7% |
| Sweden | $4.2M | 3.5% |
| Portugal | $3.5M | 3% |
Average price per kg
The world average declared value was about $170.14 per kg in 2024. Among the main exporters, the United States averaged $368.97 per kg and the United Kingdom $137.37 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7107: Base metals clad with silver; not further worked than semi-manufactured. HS 7107 codes.
Common questions
Which countries export the most silver-clad metal?
Germany exported $36.6 million in 2024, 31% of the world total, followed by Japan (22%) and China (16%). In all, 67 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most silver-clad metal?
China imported $12.7 million in 2024, 11% of world imports, ahead of Vietnam (8%) and Italy (8%). The top three importers together take 26%. Each country with its own page is linked from the table.
How big is the world trade in silver-clad metal?
It was worth $119.3 million in 2024, about 701 tonnes. That is an increase of 9% since 2017. The peak year was 2022 at $158.3 million. 67 countries reported exports and 120 reported imports.
What is the average price of silver-clad metal per kg?
The world average declared value was about $170.14 per kg in 2024. Among the main exporters, the United States averaged $368.97 per kg and the United Kingdom $137.37 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for silver-clad metal?
The HS code for silver-clad metal is heading 7107, in chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 7107 page.
How can I find silver-clad metal buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
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