Silver exports from Morocco: data, top buyers and prices
In 2024, Morocco exported silver worth $142.3 million (177 tonnes). That is 11% more than in 2023. Across 2017-2024 the long-run trend was broadly stable.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $142.3M | 177 t |
| 2023 | $128.0M | 194 t |
| 2022 | $96.4M | 153 t |
| 2021 | $135.6M | 168 t |
| 2020 | $128.3M | 202 t |
| 2019 | $89.7M | 182 t |
| 2018 | $72.4M | 146 t |
| 2017 | $124.9M | 235 t |
Where Morocco exports silver to
Switzerland alone took 57% of it. Among the main buyer markets, United Arab Emirates grew fastest (+137% on the year before).
| Destination | Value | Share |
|---|---|---|
| Switzerland | $81.1M | 57% |
| United Arab Emirates | $43.1M | 30% |
| Italy | $17.6M | 12% |
| Turkey | $373K | 0.3% |
| Spain | $69K | 0.1% |
| Japan | $33K | 0% |
| Australia | $2K | 0% |
| France | $0K | 0% |
Product types under HS 7106
| 7106.91 | Unwrought silver | 100% |
| 7106.92 | Silver semi-manufactured forms | 0.2% |
Codes and full descriptions: HS heading 7106.
Average export price per kg
The average declared value was about $803.34 per kg, 27% above the world average of $633.55. This usually points to higher-grade or processed goods.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Silver imports to Morocco
Imports of silver by Morocco reached $14.8 million in 2024 (68 tonnes). United States alone supplied 56% of it. Among the main suppliers, Spain grew fastest (+257% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| United States | $8.3M | 57% |
| Netherlands | $1.6M | 11% |
| Spain | $1.6M | 11% |
| Italy | $998K | 6.8% |
| France | $775K | 5.2% |
| Belgium | $567K | 3.8% |
| Japan | $323K | 2.2% |
| Turkey | $203K | 1.4% |
| Germany | $123K | 0.8% |
| Singapore | $117K | 0.8% |
Who is behind these numbers in Morocco?
The shipment records behind Morocco silver exports (HS 7106): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Mirror data: built from the shipment records of the countries that trade with it.
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 7106: Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form.
Common questions
What is the value of silver exported by Morocco?
Morocco exported silver worth $142.3 million in 2024, the latest year with complete public data, about 177 tonnes. That ranks it 30th of 131 countries worldwide, with 0% of world exports. The value was up 11% on 2023.
Which countries buy silver from Morocco?
Switzerland was the largest buyer with 57% of the value ($81.1 million), followed by the United Arab Emirates (30%) and Italy (12%). The top three together account for 100%, out of 8 buyer countries in total. Spain grew fastest among the top ten, up 368% on the year.
What is the average export price of silver per kg?
The average declared export value was about $803.34 per kg in 2024, 27% above the world average of $633.55 per kg. Because it averages all grades and sizes, treat the figure as a market benchmark, not a price offer.
How have exports of silver from Morocco changed since 2017?
Exports went from $124.9 million in 2017 to $142.3 million in 2024, an increase of 14%. 2024 was the highest year in the period. Over 8 years the average was $114.7 million a year.
Does Morocco also import silver?
Yes. Morocco imported $14.8 million worth of this product in 2024, mainly from the United States, the Netherlands and Spain. On balance Morocco is a net exporter of this product, by about $127.5 million a year.
What is the HS code for silver?
The HS code for silver is heading 7106. In Morocco the largest six-digit codes were 7106.91 (100% of the value) and 7106.92 (0%).
How can I find the companies behind this trade?
For Morocco, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
Same product, other countries
Silver product types in Morocco
More trade data for Morocco
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