# Of Silver buyer markets and demand | HS 711311 | Yugalinks

USA is the largest reported buyer market in this view, with imports of $1.6B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| USA | $1.6B | +1.5% | 118 | Thailand |
| China, Hong Kong Special Administrative Region | $723.6M | -1.4% | 67 | India |
| Germany | $494.1M | -2.1% | 117 | Thailand |
| Italy | $446.3M | +6.5% | 87 | Germany |
| India | $417.2M | +42% | 51 | Thailand |
| United Kingdom | $388.2M | -6.8% | 83 | Thailand |
| France | $333.1M | +6.2% | 117 | Thailand |
| Spain | $256.7M | +8.2% | 86 | Thailand |
| Mexico | $247.1M | +23.4% | 47 | Thailand |
| Thailand | $246.8M | +12.8% | 87 | China, Hong Kong Special Administrative Region |
| Canada | $237.2M | +4.3% | 94 | Thailand |
| Japan | $222.1M | +12% | 67 | USA |
| United Arab Emirates | $200.4M | +24.6% | 87 | South Africa |
| Australia | $168.2M | +2.4% | 68 | Thailand |
| China | $135.0M | -11.2% | 72 | Thailand |
| Romania | $127.3M | +10.3% | 54 | Italy |
| Poland | $117.1M | +4.1% | 75 | Germany |
| Netherlands | $99.0M | +12% | 80 | Germany |
| Switzerland, Liechtenstein | $97.8M | -0.5% | 100 | Germany |
| Turkey | $78.9M | +14.6% | 61 | Thailand |
| Portugal | $78.4M | +15.3% | 52 | Germany |
| Austria | $57.8M | +3% | 78 | Germany |
| Belgium | $55.0M | +4.1% | 68 | Germany |
| Republic of Korea | $51.2M | -2.7% | 57 | Italy |
| Ireland | $50.2M | +11% | 90 | Germany |
| Saudi Arabia | $49.0M | +7.9% | 62 | China |
| Russia | $45.7M | -9% | 23 | China, Hong Kong Special Administrative Region |
| Chile | $45.6M | +6.2% | 53 | Thailand |
| Greece | $44.3M | +12.8% | 44 | Germany |
| Brazil | $44.2M | +12.6% | 32 | Italy |
| Denmark | $40.9M | -3.9% | 77 | Thailand |
| Taiwan | $37.9M | +3.2% | 53 | Thailand |
| Singapore | $37.5M | -4.5% | 63 | Thailand |
| Sweden | $34.8M | +5.4% | 75 | Thailand |
| Israel | $33.2M | +3.4% | 43 | Italy |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| USA | 2023 | $1.6B | $1,178,417.12 |
| China, Hong Kong Special Administrative Region | 2023 | $1.5B | $8,958,231.62 |
| Germany | 2023 | $654.1M | $1,423,378.12 |
| Italy | 2023 | $499.4M | $1,058,468.71 |
| France | 2023 | $423.5M | $747,539.69 |
| United Kingdom | 2023 | $408.1M | $1,447,256.11 |
| United Arab Emirates | 2023 | $265.0M | $774,991.9 |
| India | 2023 | $254.9M | $1,185,374.88 |
| Spain | 2023 | $232.4M | $711,533.82 |
| Mexico | 2023 | $208.4M | $1,592,437.13 |
| Canada | 2023 | $197.3M | $938,284.1 |
| Japan | 2023 | $186.6M | $2,019,360.77 |
| Australia | 2023 | $152.2M | $1,879,110.13 |
| Poland | 2023 | $143.2M | $1,638,186.04 |
| Romania | 2023 | $132.3M | $910,580.62 |
| Turkey | 2023 | $129.8M | $1,025,481.4 |
| Switzerland, Liechtenstein | 2023 | $115.0M | $1,376,606.64 |
| China | 2023 | $114.4M | $2,426,812.68 |
| Thailand | 2023 | $108.5M | $1,060,661.69 |
| Netherlands | 2023 | $98.3M | $1,071,654.35 |

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