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Where does Hong Kong get its silver? Import sources 2024

In 2024, Hong Kong imported $4 billion of silver (5 thousand tonnes), 13.1% of the world total. China sold 77% of the total, followed by South Korea (10%) and Taiwan (5%). Hong Kong was the world’s 3rd-largest importer of silver.

Summary

Value
$4billion
Tonnes
5thousand tonnes
Share of world total
13.1%
World rank
3rd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China3.1Tonnes: 3,513USD per tonne: $881,28077.1%Land
South Korea0.4Tonnes: 465USD per tonne: $849,2089.8%Air
Taiwan0.21Tonnes: 230USD per tonne: $893,8855.1%Air
India0.07Tonnes: 58USD per tonne: $1,176,8741.7%Air
Russia0.06Tonnes: 78USD per tonne: $811,9691.6%Air
Armenia0.05Tonnes: 59USD per tonne: $834,4111.2%Air
Indonesia0.04Tonnes: 51USD per tonne: $877,8821.1%Air
Serbia0.03Tonnes: 31USD per tonne: $906,9040.69%Air
Japan0.01Tonnes: 134USD per tonne: $105,5930.35%Air
United Arab Emirates0.01Tonnes: 12USD per tonne: $807,8570.25%Air
South Africa0.01Tonnes: 10USD per tonne: $917,6380.23%Air
Italy0.01Tonnes: 9USD per tonne: $599,6700.13%Air
United States< 0.01Tonnes: 13USD per tonne: $366,5280.12%Air
Turkey< 0.01Tonnes: 7USD per tonne: $612,6140.1%Air
Canada< 0.01Tonnes: 4USD per tonne: $975,6300.1%Air
Singapore re-exports< 0.01Tonnes: 5USD per tonne: $659,0150.09%Air
Philippines< 0.01Tonnes: 13USD per tonne: $235,9780.08%Air
Bolivia< 0.01Tonnes: 3USD per tonne: $961,7870.06%Air
Netherlands re-exports< 0.01Tonnes: 1USD per tonne: $2,315,2510.05%Air
Germany< 0.01Tonnes: 1USD per tonne: $918,7790.03%Air

Trend

Who it buys from

China has been its main source since 2015

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

  • China 3.1
  • South Korea 0.4
  • Taiwan 0.21
  • India 0.07
  • Russia 0.06

Source: CEPII BACI

Show the numbers
Partner19952024
China< 0.013.1
South Korea< 0.010.4
Taiwan< 0.010.21
India< 0.010.07
Russia00.06

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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