Unwrought silver imports in the United States: data, top suppliers and prices
In 2024, the United States imported unwrought silver worth $5.00 billion (5.2 thousand tonnes). That makes it the largest importer of this product worldwide, out of 129 countries. The value was almost unchanged from 2023. Across 2017-2024 the long-run trend was broadly stable.
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 | $5.00B | 5.2K t |
| 2023 | $4.87B | 6.0K t |
| 2022 | $4.61B | 5.9K t |
| 2021 | $5.61B | 6.7K t |
| 2020 | $5.26B | 7.5K t |
| 2019 | $3.17B | 5.4K t |
| 2018 | $3.08B | 5.5K t |
| 2017 | $3.60B | 5.9K t |
Where the United States imports unwrought silver from
The largest suppliers were Mexico (48%), Canada (17%), Poland (5%). Among the main suppliers, United Kingdom grew fastest (+756% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| Mexico | $2.39B | 48% |
| Canada | $862.4M | 17% |
| Poland | $257.0M | 5.1% |
| Chile | $248.0M | 5% |
| Kazakhstan | $239.3M | 4.8% |
| South Korea | $230.8M | 4.6% |
| United Kingdom | $202.9M | 4.1% |
| Switzerland | $171.8M | 3.4% |
| Germany | $95.3M | 1.9% |
| Belgium | $85.9M | 1.7% |
Average import price per kg
The average declared value was about $969.43 per kg, 31% 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 exports from the United States
In 2024, the United States exported unwrought silver worth $450.8 million (592 tonnes). Its share of world exports was 2%. The largest buyer markets were Canada (42%), Italy (16%), Switzerland (12%). Among the main buyer markets, United Kingdom grew fastest, more than tenfold on the year before.
| Destination | Value | Share |
|---|---|---|
| Canada | $188.2M | 42% |
| Italy | $70.2M | 16% |
| Switzerland | $53.9M | 12% |
| United Kingdom | $38.1M | 8.5% |
| United Arab Emirates | $21.1M | 4.7% |
| Japan | $15.4M | 3.4% |
| Mexico | $14.9M | 3.3% |
| Germany | $12.9M | 2.9% |
| India | $9.4M | 2.1% |
| Poland | $5.1M | 1.1% |
Who is behind these numbers in the United States?
The shipment records behind United States unwrought silver imports (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 imported by the United States?
The United States imported unwrought silver worth $5.00 billion in 2024, the latest year with complete public data, about 5.2 thousand tonnes. That ranks it 1st of 129 countries worldwide, with 20% of world imports. The value was up 3% on 2023.
Which countries supply unwrought silver to the United States?
Mexico was the largest supplier with 48% of the value ($2.39 billion), followed by Canada (17%) and Poland (5%). The top three together account for 70%, out of 45 supplier countries in total. The United Kingdom grew fastest among the top ten, up 756% on the year.
What is the average import price of unwrought silver per kg?
The average declared import value was about $969.43 per kg in 2024, 31% above the world average of $741.00 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of unwrought silver to the United States changed since 2017?
Imports went from $3.60 billion in 2017 to $5.00 billion in 2024, an increase of 39%. The peak was 2021 at $5.61 billion. Over 8 years the average was $4.40 billion a year.
Does the United States also export unwrought silver?
Yes. The United States exported $450.8 million worth of this product in 2024, mainly to Canada, Italy and Switzerland. On balance the United States is a net importer of this product, by about $4.55 billion a 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?
The totals here are public statistics; the company-level detail sits in EximDataX, which has a direct customs feed for the United States. Tell us your product to see it live.
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