# HS 261690 (Excluding Silver) global trade data overview...

Reported global trade in (excluding silver) reached $12.2B in 2024, with five-year annual growth of +17.1%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $3.3B | +0.3% | +20.2% |
| 2014 | $3.5B | +6.6% | +5.6% |
| 2015 | $3.1B | -11.3% | -1.8% |
| 2016 | $3.9B | +25.5% | +5.9% |
| 2017 | $4.0B | +1.9% | +4.3% |
| 2018 | $4.4B | +8.9% | +11.7% |
| 2019 | $5.6B | +27% | +12.1% |
| 2020 | $7.6B | +36.1% | +23.5% |
| 2021 | $8.5B | +12.8% | +24.9% |
| 2022 | $9.8B | +14.5% | +20.7% |
| 2023 | $10.2B | +4.3% | +10.5% |
| 2024 | $12.2B | +20.2% | +12.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $7.3B | +26.6% | 76 |
| Germany | $1.4B | +6.1% | 40 |
| United Kingdom | $541.9M | +18.7% | 18 |
| Republic of Korea | $529.7M | +22.3% | 14 |
| Philippines | $411.1M | +4.9% | 6 |
| Japan | $267.3M | -1% | 10 |
| Finland | $265.6M | +82.6% | 8 |
| Taiwan | $229.1M | +41.4% | 9 |
| Peru | $188.3M | +29.3% | 8 |
| Switzerland, Liechtenstein | $165.2M | +73.7% | 11 |
| Bulgaria | $150.0M | +5.7% | 7 |
| Kazakhstan | $123.7M | -18.8% | 4 |

_Source: reported merchandise trade data. Updated 2026-08-14._