🇦🇪 United Arab Emirates exports of silver: 2024 trade data
Exports of silver by the United Arab Emirates reached $2.12 billion in 2024 (2.7 thousand tonnes). It ranks 3rd of 131 countries for exports of this product. Value rose 182% on 2023. Over 2017-2024 the trade grew strongly, by about 102% a year on average.
Public statistics, latest reported year 2024. Values in US dollars.
Exports of silver by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.12B | 2.7K t |
| 2023 | $751.7M | 1.0K t |
| 2022 | $127.4M | 214 t |
| 2021 | $139.8M | 170 t |
| 2020 | $128.4M | 195 t |
| 2019 | $39.9M | 110 t |
| 2018 | $114.6M | 473 t |
| 2017 | $15.5M | 37 t |
Where the United Arab Emirates exports silver to
India alone took 93% of it. Among the main buyer markets, India grew fastest (+460% on the year before).
| Destination | Value | Share |
|---|---|---|
| 🇮🇳 India | $1.97B | 93% |
| 🇹🇷 Turkey | $56.3M | 2.7% |
| 🇬🇧 United Kingdom | $28.6M | 1.4% |
| 🇨🇭 Switzerland | $15.3M | 0.7% |
| 🇰🇼 Kuwait | $12.5M | 0.6% |
| 🇭🇰 Hong Kong | $9.9M | 0.5% |
| 🇸🇦 Saudi Arabia | $6.6M | 0.3% |
| 🇵🇱 Poland | $4.3M | 0.2% |
| 🇹🇭 Thailand | $3.2M | 0.2% |
| 🇧🇭 Bahrain | $2.8M | 0.1% |
Types of silver under HS 7106
| 7106.91 | Metals: silver, unwrought, (but not powder) | 98% |
| 7106.92 | Metals: silver, semi-manufactured | 1.8% |
| 7106.10 | Metals: silver powder | 0.1% |
Codes and full descriptions: HS heading 7106.
Average export price of silver
The average declared value was about $783.31 per kg, 24% 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.
The United Arab Emirates also imports silver
The United Arab Emirates imported $1.14 billion of silver in 2024 (1.5 thousand tonnes). It ranks 9th of 179 countries for imports of this product. The largest suppliers were United Kingdom (43%), Armenia (14%), Switzerland (11%). Among the main suppliers, United Kingdom grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| 🇬🇧 United Kingdom | $492.5M | 43% |
| 🇦🇲 Armenia | $154.9M | 14% |
| 🇨🇭 Switzerland | $129.8M | 11% |
| 🇮🇳 India | $80.2M | 7% |
| 🇭🇰 Hong Kong | $78.7M | 6.9% |
| 🇰🇿 Kazakhstan | $55.2M | 4.9% |
| 🇹🇷 Turkey | $50.9M | 4.5% |
| 🇲🇦 Morocco | $43.1M | 3.8% |
| 🇺🇸 United States | $22.4M | 2% |
| 🇵🇪 Peru | $7.8M | 0.7% |
Who is behind these numbers in the United Arab Emirates?
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.
Mirror data: built from the shipment records of the countries that trade with it.
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.
Silver trade in the United Arab Emirates: questions
What is the value of silver imported by the United Arab Emirates?
The United Arab Emirates imported silver worth $1.14 billion in 2024 (1.5 thousand tonnes).
Where does the United Arab Emirates import silver from?
The main supplier countries in 2024 were United Kingdom (43%), Armenia (14%), Switzerland (11%).
What is the average import price of silver in the United Arab Emirates?
The average declared import value was about $784.69 per kg in 2024, against a world average of $633.55 per kg.
Does the United Arab Emirates export silver?
Yes. The United Arab Emirates exported silver worth $2.12 billion in 2024, mainly to India, Turkey, United Kingdom.
What is the HS code for silver?
Silver falls under HS heading 7106 (Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form). The six-digit codes under it split the product by type.
How can I find the companies trading silver with the United Arab Emirates?
These public statistics stop at country level. EximDataX builds the United Arab Emirates trade from the records of its trading partners, updated weekly, so you can see who ships this product there.
Silver trade in other countries
More trade data for the United Arab Emirates
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