Silver imports in Turkey: data, top suppliers and prices
Imports of silver by Turkey reached $455.2 million in 2024 (575 tonnes). Its share of world imports was 1%. That is 62% less than in 2023. Over 2017-2024 the trade grew strongly, by about 15% a year on average. The peak in this period was 2022, at $1.79 billion.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $455.2M | 575 t |
| 2023 | $1.19B | 1.6K t |
| 2022 | $1.79B | 2.1K t |
| 2021 | $534.1M | 744 t |
| 2020 | $499.6M | 717 t |
| 2019 | $219.3M | 411 t |
| 2018 | $148.0M | 308 t |
| 2017 | $172.2M | 320 t |
Where Turkey imports silver from
Most of the value came from Switzerland (46%), China (14%), United Arab Emirates (12%). Among the main suppliers, Hong Kong grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| Switzerland | $210.4M | 46% |
| China | $62.5M | 14% |
| United Arab Emirates | $56.3M | 12% |
| Poland | $19.7M | 4.3% |
| Kazakhstan | $18.5M | 4.1% |
| Hong Kong | $18.5M | 4.1% |
| Australia | $16.4M | 3.6% |
| Germany | $13.5M | 3% |
| Belgium | $10.3M | 2.3% |
| Italy | $5.5M | 1.2% |
Product types under HS 7106
| 7106.91 | Metals: silver, unwrought, (but not powder) | 96% |
| 7106.92 | Metals: silver, semi-manufactured | 4% |
| 7106.10 | Metals: silver powder | 0.4% |
Codes and full descriptions: HS heading 7106.
Average import price per kg
The average declared value was about $791.68 per kg, 25% 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 exports from Turkey
In 2024, Turkey exported silver worth $141.1 million (392 tonnes). Most of it went to United Arab Emirates (36%), Germany (15%), India (9%). Among the main buyer markets, Spain grew fastest (+78% on the year before).
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $50.9M | 36% |
| Germany | $21.1M | 15% |
| India | $12.4M | 8.8% |
| Thailand | $9.7M | 6.9% |
| China | $6.6M | 4.7% |
| Hong Kong | $6.4M | 4.5% |
| France | $5.6M | 4% |
| Nepal | $5.4M | 3.8% |
| Italy | $3.5M | 2.5% |
| Spain | $3.4M | 2.4% |
Who is behind these numbers in Turkey?
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
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Updated weekly on EximDataX (some markets daily), while public statistics stop at 2024.
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 imported by Turkey?
Turkey imported silver worth $455.2 million in 2024, the latest year with complete public data, about 575 tonnes. That ranks it 15th of 179 countries worldwide, with 1% of world imports. The value was down 62% on 2023.
Which countries supply silver to Turkey?
Switzerland was the largest supplier with 46% of the value ($210.4 million), followed by China (14%) and the United Arab Emirates (12%). The top three together account for 72%, out of 45 supplier countries in total. Germany grew fastest among the top ten, up 20% on the year.
What is the average import price of silver per kg?
The average declared import value was about $791.68 per kg in 2024, 25% above the world average of $633.55 per kg. It is total declared value divided by total weight, so it blends every grade and size; use it as a benchmark, not a quote. Prices per shipment and per company are in EximDataX.
How have imports of silver to Turkey changed since 2017?
Imports went from $172.2 million in 2017 to $455.2 million in 2024, an increase of 164%. The peak was 2022 at $1.79 billion. Monthly and weekly movements since then are in EximDataX.
Does Turkey also export silver?
Yes. Turkey exported $141.1 million worth of this product in 2024, mainly to the United Arab Emirates, Germany and India. On balance Turkey is a net importer of this product, by about $314.1 million a year.
What is the HS code for silver?
The HS code for silver is heading 7106. In Turkey the largest six-digit codes were 7106.91 (96% of the value) and 7106.92 (4%). It sits in HS chapter 71 (natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin). The full list of codes and descriptions is on the HS 7106 page.
How can I find the companies behind this trade?
Public statistics stop at country totals. EximDataX has a direct customs feed for Turkey with shipment-level records, updated weekly, so you can see importers and exporters by name with dates, quantities and declared values. Tell us your product and we will show you the latest records on a live call.
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