How much silver does Mexico produce and export?
Mexico is the largest producer of silver: 6,300 tonnes in 2025, 24% of the world's 26,000 tonnes (USGS MCS). It is the 3rd largest exporter by value: $3.1 billion in 2024, 9.2% of world exports of silver (HS 7106) (CEPII BACI). Its biggest customer is the United States, which takes 84% of its silver exports by value.
All about silver · All about Mexico · Silver price history
Mexico's silver production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 1 | 6,300 tonnes | 24% | — | 2025 |
USGS Mineral Commodity Summaries, MCS 2026.
Mexico's silver exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 3 | $3.1 billion | 9.2% | 3,456 t | $893,507 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 7106 (Silver, unwrought, semi-manufactured or in powder form).
Where Mexico's silver goes
| Destination | Value | Share of Mexico's exports |
|---|---|---|
| United States | $2.6B | 84% |
| Japan | $346M | 11% |
| Canada | $71M | 2.3% |
| United Kingdom | $42M | 1.4% |
| Brazil | $32M | 1% |
The silver price Mexico 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, "Mexico silver: production, exports and prices", https://commodityorigins.com/countries/MEX/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.