Unwrought silver exports from Turkey: data, top buyers and prices
Exports of unwrought silver by Turkey reached $104.3 million in 2024 (109 tonnes). Value fell 83% from 2023. Over 2017-2024 the trade grew strongly, by about 13% a year on average. The peak in this period was 2022, at $686.8 million.
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 | $104.3M | 109 t |
| 2023 | $613.9M | 793 t |
| 2022 | $686.8M | 799 t |
| 2021 | $307.1M | 371 t |
| 2020 | $84.2M | 135 t |
| 2019 | $36.2M | 65 t |
| 2018 | $17.4M | 30 t |
| 2017 | $44.3M | 83 t |
Where Turkey exports unwrought silver to
The largest buyer markets were United Arab Emirates (48%), India (12%), Thailand (9%). Among the main buyer markets, Germany grew fastest (+257% on the year before).
| Destination | Value | Share |
|---|---|---|
| United Arab Emirates | $50.3M | 48% |
| India | $12.4M | 12% |
| Thailand | $9.6M | 9.2% |
| China | $6.6M | 6.3% |
| Hong Kong | $6.4M | 6.1% |
| Nepal | $5.4M | 5.2% |
| Germany | $4.9M | 4.7% |
| Iraq | $2.4M | 2.3% |
| Singapore | $1.3M | 1.2% |
| Egypt | $1.2M | 1.2% |
Average export price per kg
The average declared value was about $956.87 per kg, 29% above the world average of $741.00. 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.
Unwrought silver imports to Turkey
Turkey imported $435.0 million of unwrought silver in 2024 (498 tonnes). Its share of world imports was 2%. Most of the value came from Switzerland (48%), China (14%), United Arab Emirates (13%). Among the main suppliers, Hong Kong grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| Switzerland | $210.4M | 48% |
| China | $62.4M | 14% |
| United Arab Emirates | $56.0M | 13% |
| Poland | $19.7M | 4.5% |
| Kazakhstan | $18.5M | 4.3% |
| Hong Kong | $18.4M | 4.2% |
| Australia | $16.4M | 3.8% |
| Belgium | $10.3M | 2.4% |
| Germany | $5.4M | 1.2% |
| Peru | $5.4M | 1.2% |
Who is behind these numbers in Turkey?
The shipment records behind Turkey unwrought silver exports (HS 7106.91): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
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 7106.91: Metals: silver, unwrought, (but not powder).
Common questions
What is the value of unwrought silver exported by Turkey?
Turkey exported unwrought silver worth $104.3 million in 2024, the latest year with complete public data, about 109 tonnes. That ranks it 25th of 107 countries worldwide, with 0% of world exports. The value was down 83% on 2023.
Which countries buy unwrought silver from Turkey?
The United Arab Emirates was the largest buyer with 48% of the value ($50.3 million), followed by India (12%) and Thailand (9%). The top three together account for 69%, out of 42 buyer countries in total. Germany grew fastest among the top ten, up 257% on the year.
What is the average export price of unwrought silver per kg?
The average declared export value was about $956.87 per kg in 2024, 29% above the world average of $741.00 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of unwrought silver from Turkey changed since 2017?
Exports went from $44.3 million in 2017 to $104.3 million in 2024, an increase of 136%. The peak was 2022 at $686.8 million. Over 8 years the average was $236.8 million a year.
Does Turkey also import unwrought silver?
Yes. Turkey imported $435.0 million worth of this product in 2024, mainly from Switzerland, China and the United Arab Emirates. That compares with exports of $104.3 million in the same year.
What is the HS code for unwrought silver?
The HS code for unwrought silver is subheading 7106.91. 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?
Shipment-level records for Turkey reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
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