# Of Silver trade prices and signals | HS 711311 | Yugalinks

The featured reported corridor is India to China, Hong Kong Special Administrative Region, with a unit value of $51,509,120.53 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | India to China, Hong Kong Special Administrative Region | $152,759,995.95 | $2,663,000 | +5,636.4% | 7.9 t |
| 2023 | Thailand to USA | $1,526,556.41 | $1,545,137.72 | -1.2% | 341.5 t |
| 2023 | Thailand to Germany | $1,768,050.57 | $1,664,068.44 | +6.2% | 232.8 t |
| 2023 | India to USA | $2,455,289.84 | $1,545,137.72 | +58.9% | 136.2 t |
| 2023 | Italy to USA | $1,262,664.54 | $1,545,137.72 | -18.3% | 178.2 t |
| 2023 | Thailand to India | $1,162,217.03 | $1,449,506.17 | -19.8% | 180.2 t |
| 2023 | China to China, Hong Kong Special Administrative Region | $1,894,179.74 | $2,663,000 | -28.9% | 107.6 t |
| 2023 | China to USA | $486,719.15 | $1,545,137.72 | -68.5% | 408 t |
| 2023 | Thailand to France | $2,722,102 | $187,125 | +1,354.7% | 63.3 t |
| 2023 | Thailand to United Kingdom | $1,410,972.29 | $1,556,000 | -9.3% | 110.1 t |
| 2023 | China, Hong Kong Special Administrative Region to Italy | $777,308.33 | $1,585,196.58 | -51% | 167.6 t |
| 2023 | Germany to Italy | $2,275,770.03 | $1,585,196.58 | +43.6% | 49.6 t |
| 2023 | USA to Mexico | $1,430,297.8 | $1,362,142.86 | +5% | 78.1 t |
| 2023 | Italy to Romania | $783,237.09 | $1,383,062.72 | -43.4% | 124.9 t |
| 2023 | Romania to Italy | $743,021.64 | $1,585,196.58 | -53.1% | 120.7 t |
| 2023 | South Africa to United Arab Emirates | $57,825,602.46 | $808,750 | +7,050% | 1.5 t |
| 2023 | Thailand to Australia | $1,942,293.01 | $1,759,086.21 | +10.4% | 45.4 t |
| 2023 | Thailand to Canada | $2,927,605.63 | $1,615,202.53 | +81.3% | 27.7 t |
| 2023 | Kuwait to United Arab Emirates | $96,545,675.03 | $808,750 | +11,837.6% | 0.8 t |
| 2023 | Thailand to Spain | $2,930,884.77 | $759,369.23 | +286% | 26.4 t |
| 2023 | China to Germany | $1,656,608.84 | $1,664,068.44 | -0.4% | 43.4 t |
| 2023 | China to France | $1,027,727.67 | $187,125 | +449.2% | 61.4 t |
| 2023 | China to Italy | $1,415,976.85 | $1,585,196.58 | -10.7% | 44.4 t |
| 2023 | USA to Canada | $402,850.07 | $1,615,202.53 | -75.1% | 147.1 t |
| 2023 | India to United Kingdom | $1,871,699.12 | $1,556,000 | +20.3% | 30.7 t |
| 2023 | Italy to France | $2,932,353.94 | $187,125 | +1,467.1% | 19.2 t |
| 2023 | Germany to Spain | $480,084.69 | $759,369.23 | -36.8% | 116.2 t |
| 2023 | China to United Kingdom | $925,801.43 | $1,556,000 | -40.5% | 60.2 t |
| 2023 | Germany to France | $2,795,430.12 | $187,125 | +1,393.9% | 19.6 t |
| 2023 | Thailand to China | $3,865,805.97 | $1,404,288.29 | +175.3% | 14.2 t |
| 2023 | USA to Japan | $4,258,023.93 | $1,468,515.15 | +190% | 12 t |
| 2023 | Italy to Japan | $1,360,752.39 | $1,468,515.15 | -7.3% | 34.8 t |
| 2023 | China, Hong Kong Special Administrative Region to Turkey | $785,510.13 | $971,589.93 | -19.2% | 58.7 t |
| 2023 | Italy to United Kingdom | $1,236,969.56 | $1,556,000 | -20.5% | 33.6 t |
| 2023 | Mexico to USA | $857,491.01 | $1,545,137.72 | -44.5% | 48.1 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $45.9M | +62,234.3% | +190.5% |
| 2011 | $172.2M | +275.5% | +374.7% |
| 2012 | $260.8M | +51.5% | +1,424.9% |
| 2013 | $271.6M | +4.1% | +80.9% |
| 2014 | $691.1M | +154.4% | +58.9% |
| 2015 | $1.1B | +66.1% | +63.9% |
| 2016 | $1.5B | +34.1% | +78.3% |
| 2017 | $1.9B | +23.8% | +40.2% |
| 2018 | $293.6M | -84.6% | -36.5% |
| 2019 | $539.2M | +83.6% | -29.5% |
| 2020 | $1.2B | +117.5% | -14.9% |
| 2021 | $1.5B | +30.2% | +73.3% |
| 2022 | $2.6B | +67.2% | +67.9% |
| 2023 | $1.2B | -54% | +0% |
| 2024 | $547.3M | -53.4% | -29% |

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