How much silver does South Korea export?
It is the 5th largest exporter by value: $2.1 billion in 2024, 6.2% of world exports of silver (HS 7106) (CEPII BACI). Its biggest customer is Japan, which takes 44% of its silver exports by value.
All about silver · All about South Korea · Silver price history
South Korea's silver exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 5 | $2.1 billion | 6.2% | 3,160 t | $662,561 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7106 (Silver, unwrought, semi-manufactured or in powder form).
Where South Korea's silver goes
| Destination | Value | Share of South Korea's exports |
|---|---|---|
| Japan | $927M | 44% |
| Hong Kong | $409M | 20% |
| United States | $312M | 15% |
| Canada | $105M | 5% |
| Australia | $89M | 4.3% |
The silver price South Korea 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, "South Korea silver: production, exports and prices", https://commodityorigins.com/countries/KOR/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.