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Who buys Germany’s silver? Export destinations 2024

In 2024, Germany exported $2 billion of silver (3 thousand tonnes), 6.7% of the world total. Its main destinations were the United Kingdom (41%), Italy (10%) and France (8%). Germany was the world’s 5th-largest exporter of silver.

Summary

Value
$2billion
Tonnes
3thousand tonnes
Share of world total
6.7%
World rank
5th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
United Kingdom842Tonnes: 1,034USD per tonne: $814,77641.3%Air
Italy212Tonnes: 280USD per tonne: $754,90010.4%Air
France163Tonnes: 207USD per tonne: $786,8738%Land
Switzerland156Tonnes: 163USD per tonne: $956,0757.7%Land
India118Tonnes: 93USD per tonne: $1,275,7085.8%Air
United States107Tonnes: 137USD per tonne: $779,2205.3%Air
Canada100Tonnes: 103USD per tonne: $979,0384.9%Air
Spain48.8Tonnes: 107USD per tonne: $457,3852.4%Air
Thailand34.2Tonnes: 49USD per tonne: $695,2271.7%Air
Czechia26.3Tonnes: 68USD per tonne: $384,1731.3%Land
Belgium re-exports25.6Tonnes: 133USD per tonne: $192,6761.3%Land
Romania25.1Tonnes: 59USD per tonne: $425,3621.2%Air
Netherlands re-exports20.9Tonnes: 23USD per tonne: $904,2951%Land
Hungary20.3Tonnes: 130USD per tonne: $155,7360.99%Air
Austria16.9Tonnes: 23USD per tonne: $737,2010.83%Land
South Korea15.2Tonnes: 16USD per tonne: $927,8460.74%Air
Poland12.2Tonnes: 27USD per tonne: $452,0990.6%Land
Turkey9.4Tonnes: 27USD per tonne: $348,6580.46%Air
Bulgaria8.8Tonnes: 12USD per tonne: $715,8360.43%Air
China8.5Tonnes: 20USD per tonne: $431,2840.42%Air

Trend

Who it sells to

The United Kingdom has been its main destination since 2023

Value in USD billions. The five largest destinations in 2024.

  • United Kingdom 0.84
  • Italy 0.21
  • France 0.16
  • Switzerland 0.16
  • India 0.12

Source: CEPII BACI

Show the numbers
Partner19952024
United Kingdom0.010.84
Italy0.080.21
France0.010.16
Switzerland< 0.010.16
India< 0.010.12

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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