# HS 711411 And Parts Thereof global trade data overview...

Reported global trade in and parts thereof, of silver, whether or not plated or clad with other precious metal reached $275.3M in 2024, with five-year annual growth of +10%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $238.5M | -22.8% | -12.3% |
| 2014 | $217.3M | -8.9% | -21.4% |
| 2015 | $193.4M | -11% | -14.5% |
| 2016 | $177.5M | -8.2% | -9.4% |
| 2017 | $169.2M | -4.7% | -8% |
| 2018 | $180.0M | +6.3% | -2.4% |
| 2019 | $171.0M | -5% | -1.2% |
| 2020 | $180.0M | +5.2% | +2.1% |
| 2021 | $230.0M | +27.8% | +8.5% |
| 2022 | $285.5M | +24.1% | +18.6% |
| 2023 | $361.8M | +26.7% | +26.2% |
| 2024 | $275.3M | -23.9% | +6.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $55.5M | +6.2% | 60 |
| Switzerland, Liechtenstein | $28.9M | +24.6% | 46 |
| Israel | $20.1M | +11.3% | 30 |
| Germany | $10.9M | +5.4% | 58 |
| Turkey | $10.5M | +27% | 28 |
| Sweden | $9.1M | +37.7% | 34 |
| Dominican Republic | $9.0M | +73.7% | 25 |
| United Arab Emirates | $8.7M | +24% | 41 |
| Estonia | $8.3M | +23.5% | 20 |
| France | $8.1M | +7% | 47 |
| United Kingdom | $7.6M | -2.4% | 51 |
| New Zealand | $7.3M | +34.6% | 31 |

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