# Silver ores and concentrates (HS4 2616) Trade Overview | Yugalinks

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Silver ores and concentrates at HS4 2616, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/2616

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## Answer

The silver ores and concentrates subsector recorded $17.4B in reported global trade in 2024, with +27.6% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $17.4B |
| Latest annual change | +27.6% |
| Active exporters | 121 |
| Active importers | 103 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $394.8M | 228 | 2 |
| 1996 | $480.5M | 222 | 2 |
| 1997 | $479.2M | 247 | 2 |
| 1998 | $648.5M | 265 | 2 |
| 1999 | $456.6M | 242 | 2 |
| 2000 | $752.8M | 310 | 2 |
| 2001 | $939.8M | 313 | 2 |
| 2002 | $969.0M | 331 | 2 |
| 2003 | $1.0B | 357 | 2 |
| 2004 | $897.8M | 375 | 2 |
| 2005 | $1.2B | 406 | 2 |
| 2006 | $1.6B | 425 | 2 |
| 2007 | $2.1B | 450 | 2 |
| 2008 | $2.6B | 524 | 2 |
| 2009 | $2.6B | 550 | 2 |
| 2010 | $3.2B | 541 | 2 |
| 2011 | $5.3B | 623 | 2 |
| 2012 | $5.8B | 687 | 2 |
| 2013 | $5.4B | 625 | 2 |
| 2014 | $5.5B | 564 | 2 |
| 2015 | $5.1B | 588 | 2 |
| 2016 | $6.0B | 624 | 2 |
| 2017 | $6.3B | 640 | 2 |
| 2018 | $6.4B | 658 | 2 |
| 2019 | $8.0B | 654 | 2 |
| 2020 | $10.2B | 658 | 2 |
| 2021 | $12.2B | 753 | 2 |
| 2022 | $13.1B | 786 | 2 |
| 2023 | $14.0B | 778 | 2 |
| 2024 | $17.4B | 766 | 2 |

## Leading corridors

- Peru to China: $2.6B; growth +38.2%.
- Russia to China: $1.8B; growth +51.9%.
- Mexico to China: $1.4B; growth +16.7%.
- Indonesia to China: $977.4M; growth +462.9%.
- South Africa to Germany: $730.1M; growth -19.8%.
- Bolivia to China: $609.9M; growth +44.1%.
- Brazil to China: $415.5M; growth +313.3%.
- South Africa to United Kingdom: $356.7M; growth +9.4%.
- Kazakhstan to China: $343.5M; growth +15.5%.
- Australia to China: $298.8M; growth -2.9%.

## HS6 products

- Silver ores and concentrates (HS6 261610)
- Precious metal ores and concentrates: (excluding silver) (HS6 261690)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Continue your research

- [Explore HS4 2616 in the workspace](https://www.yugalinks.com/app?hs=2616)
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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.