How much silver does China produce and export?
China is the 3rd largest producer of silver: 3,400 tonnes in 2025, 13% of the world's 26,000 tonnes (USGS MCS). It is the largest exporter by value: $5.2 billion in 2024, 16% of world exports of silver (HS 7106) (CEPII BACI). Its biggest customer is Hong Kong, which takes 61% of its silver exports by value.
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China's silver production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 3 | 3,400 tonnes | 13% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
China's silver exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 1 | $5.2 billion | 16% | 6,385 t | $818,623 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7106 (Silver, unwrought, semi-manufactured or in powder form).
Where China's silver goes
| Destination | Value | Share of China's exports |
|---|---|---|
| Hong Kong | $3.2B | 61% |
| United Kingdom | $1.5B | 29% |
| Thailand | $204M | 3.9% |
| Switzerland | $106M | 2% |
| Turkey (Türkiye) | $69M | 1.3% |
China as a buyer of silver
China imported $1.3 billion of silver (HS 7106) in 2024, 3.9% of world imports, ranked #7. Of its $1.3 billion of silver imports in 2024, 69% came from Japan and 10% from Armenia, among 42 suppliers.
The silver price China sells into
The benchmark price, Handy & Harman, New York, was $64.6/troy oz in September 2026, up 51% over twelve months. Its five-year volatility is 30% a year, calmer in 83% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Silver price history.
Cite as: Commodity Origins, "China silver: production, exports and prices", https://commodityorigins.com/countries/CHN/silver/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.