Global exports of silver reached a total value of US$56.5 billion in 2025, reflecting robust growth in international precious metals trade.

Compared with 2021, worldwide silver exports increased by 53%, rising from $36.9 billion over the five-year period.

On a year-over-year basis, global silver shipments surged by 64.1%, climbing from $34.4 billion in 2024.

The world's leading silver-exporting countries in 2025 were the United Kingdom, the United States, Hong Kong, mainland China and Mexico. Together, these five major suppliers accounted for 57.7% of total global silver export value, demonstrating the concentration of the international silver market.

From a regional perspective, Europe remained the largest exporting region, supplying $21.1 billion worth of silver, or 37.3% of worldwide exports. Asian exporters ranked second with 34.7%, while North America contributed 24.3% of global silver shipments.

The remaining exports originated from Latin America (1.6%), excluding Mexico but including Caribbean countries, followed by Oceania (1.5%), led by Australia, Papua New Guinea and New Zealand, and Africa (0.7%).

For customs classification, silver products are primarily covered under the 4-digit Harmonized Tariff System (HTS) code 7106, which includes unwrought and semi-manufactured silver as well as silver plated with gold or platinum.

Silver Exports by Country

The following countries recorded the highest export values for silver in 2025:

1. United Kingdom: US$8.2 billion (14.5% of total silver exports)

2. United States: $8.1 billion (14.4%)

3. Hong Kong: $6.5 billion (11.4%)

4. Mainland China: $6 billion (10.6%)

5. Mexico: $3.8 billion (6.8%)

6. Switzerland: $3.6 billion (6.4%)

7. Germany: $3.4 billion (6.1%)

8. South Korea: $2.6 billion (4.6%)

9. Poland: $1.75 billion (3.1%)

10. Canada: $1.75 billion (3.1%)

11. Japan: $1.33 billion (2.4%)

12. Italy: $1.24 billion (2.2%)

13. Belgium: $880.8 million (1.6%)

14. United Arab Emirates: $801.3 million (1.4%)

15. Australia: $753.3 million (1.3%)

Together, these 15 countries supplied 89.9% of all silver exported worldwide in 2025, underscoring the dominance of a relatively small group of major exporters.

Among the leading suppliers, the strongest year-over-year growth from 2024 to 2025 was recorded by:

· United States: +501%

· United Kingdom: +125.9%

· Italy: +116.5%

· Switzerland: +87.8%

Meanwhile, only a few major exporters experienced declining export values during the same period, including:

· United Arab Emirates: -43.9%

· Japan: -11.4%

Silver Exporting Companies

According to Tendata Global Trade Data, the following companies ranked among the world's leading silver exporters in 2025 based on international shipment value:

1. MKS PAMP SA (22.74%, $19,077.82 Million)

2. HSBC BANK PLC (10.71%, $8,985.19 Million)

3. STANDARD CHARTERED BANK (5.37%, $4,501.6 Million)

4. ICBC STANDARD BANK PLC (5.1%, $4,276.55 Million)

5. GOLDBOD GHANA GOLD BOARD (3.78%, $3,167.57 Million)

6. AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED (1.92%, $1,613.29 Million)

7. ESTEEM BULLION FZCO (1.83%, $1,536.59 Million)

8. STONEX FINANCIAL LTD (1.54%, $1,287.92 Million)

9. JP MORGAN CHASE BANK N A (1.45%, $1,218.37 Million)

10. GHANA GOLD BOARD BANK OF GHANA (1.36%, $1,136.89 Million)

>>View More Silver Exporters through Tendata<<

Using verified customs records and company-level shipment intelligence, Tendata Global Trade Data Intelligence Platform enables businesses to identify major silver exporters, evaluate supplier performance, monitor international trade flows, and connect with reliable partners across the global precious metals supply chain.