# Silver buyer markets and demand | HS 710691 | Yugalinks

USA is the largest reported buyer market in this view, with imports of $5.0B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| USA | $5.0B | +10.2% | 49 | Mexico |
| United Kingdom | $4.0B | +19.5% | 40 | China |
| India | $3.4B | +5.6% | 26 | United Arab Emirates |
| China, Hong Kong Special Administrative Region | $3.2B | +23.4% | 24 | China |
| Japan | $1.3B | +8.9% | 20 | Republic of Korea |
| Switzerland, Liechtenstein | $1.2B | +19.8% | 49 | Germany |
| United Arab Emirates | $1.1B | +109.1% | 57 | United Kingdom |
| Canada | $968.5M | +15% | 39 | USA |
| Germany | $789.8M | +4.6% | 86 | Belgium |
| Italy | $502.5M | +14.5% | 45 | Germany |
| Thailand | $482.9M | +7.6% | 24 | China, Hong Kong Special Administrative Region |
| China | $383.2M | +30.3% | 34 | China |
| Turkey | $380.7M | +18.6% | 34 | Switzerland, Liechtenstein |
| Armenia | $373.9M | +268.2% | 5 | Russia |
| France | $325.4M | +16.2% | 26 | Germany |
| Taiwan | $297.0M | +32.5% | 14 | China, Hong Kong Special Administrative Region |
| Australia | $227.5M | +26.6% | 32 | Poland |
| Brazil | $79.5M | +5.7% | 8 | Peru |
| Singapore | $77.2M | -6.4% | 22 | Indonesia |
| Bulgaria | $76.3M | +184.1% | 17 | Poland |
| Spain | $75.2M | +29.5% | 21 | Germany |
| Sweden | $72.3M | +86.2% | 14 | Finland |
| Belgium | $55.1M | -5.7% | 21 | United Kingdom |
| Netherlands | $37.3M | +22.5% | 34 | Germany |
| Austria | $36.4M | -14.7% | 31 | Switzerland, Liechtenstein |
| Lebanon | $30.8M | +194.5% | 7 | Switzerland, Liechtenstein |
| Russia | $30.1M | +113.7% | 2 | Armenia |
| Hungary | $23.4M | +26.1% | 14 | Germany |
| Saudi Arabia | $21.8M | +53.1% | 15 | Switzerland, Liechtenstein |
| Romania | $21.5M | +14.3% | 13 | Germany |
| Jordan | $20.8M | +51.4% | 6 | United Arab Emirates |
| Iraq | $20.7M | +101.2% | 3 | United Arab Emirates |
| Czechia | $20.4M | -3.3% | 22 | Germany |
| Poland | $20.0M | +25.4% | 21 | Germany |
| Nepal | $18.4M | -28.6% | 7 | China, Hong Kong Special Administrative Region |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| USA | 2023 | $4.9B | $809,807.28 |
| United Kingdom | 2023 | $3.2B | $779,615.79 |
| China, Hong Kong Special Administrative Region | 2023 | $2.8B | $754,844.17 |
| Canada | 2023 | $2.0B | $847,427.48 |
| Switzerland, Liechtenstein | 2023 | $1.2B | $865,146.25 |
| Turkey | 2023 | $1.2B | $777,786.29 |
| India | 2023 | $1.1B | $765,935.44 |
| Japan | 2023 | $967.9M | $696,289.74 |
| Germany | 2023 | $904.6M | $724,860.97 |
| Italy | 2023 | $772.4M | $748,181.04 |
| United Arab Emirates | 2023 | $658.7M | $753,211.79 |
| Other Asia, nes | 2023 | $475.6M | $593,197.81 |
| Australia | 2023 | $401.6M | $764,755.15 |
| Austria | 2023 | $310.2M | $781,745.79 |
| Thailand | 2023 | $298.9M | $588,062.29 |
| France | 2023 | $210.1M | $749,629.14 |
| Spain | 2023 | $195.0M | $795,979.32 |
| Singapore | 2023 | $88.2M | $745,736.88 |
| China | 2023 | $80.5M | $335,953.62 |
| Belgium | 2023 | $67.4M | $475,150.73 |

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