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Who buys the United Arab Emirates’ silver? Export destinations 2024

In 2024, the United Arab Emirates exported $2.1 billion of silver (3 thousand tonnes), 6.9% of the world total. India bought 93% of the total, followed by Turkey (3%) and the United Kingdom (1%). The United Arab Emirates was the world’s 4th-largest exporter of silver.

Summary

Value
$2.1billion
Tonnes
3thousand tonnes
Share of world total
6.9%
World rank
4th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
India2Tonnes: 2,463USD per tonne: $800,59593.2%Air
Turkey0.06Tonnes: 63USD per tonne: $897,6072.7%Air
United Kingdom0.03Tonnes: 28USD per tonne: $1,007,9051.4%Air
Switzerland0.02Tonnes: 15USD per tonne: $1,041,7160.72%Air
Kuwait0.01Tonnes: 12USD per tonne: $1,059,2890.59%Air
Hong Kong re-exports0.01Tonnes: 12USD per tonne: $807,8570.47%Air
Saudi Arabia0.01Tonnes: 5USD per tonne: $1,281,1460.31%Land
Poland< 0.01Tonnes: 91USD per tonne: $46,9650.2%Air
Thailand< 0.01Tonnes: 4USD per tonne: $873,7820.15%Air
Bahrain< 0.01Tonnes: 3USD per tonne: $880,9990.13%Air
Indonesia< 0.01Tonnes: 2USD per tonne: $983,6410.11%Air
Israel< 0.01Tonnes: 1USD per tonne: $789,9920.05%Air
Qatar< 0.01Tonnes: 1USD per tonne: $728,9200.03%Air
Egypt< 0.01Tonnes: 1USD per tonne: $819,8010.02%Air
South Africa< 0.01Tonnes: 0USD per tonne: $968,3580.01%Air
Mauritius< 0.01Tonnes: 0USD per tonne: $1,068,7010.01%Air
Seychelles< 0.01Tonnes: 0USD per tonne: $1,396,6520%Air
Australia< 0.01Tonnes: 0USD per tonne: $691,3710%Air
Japan< 0.01Tonnes: 0USD per tonne: $951,0740%Air
Italy< 0.01Tonnes: 0USD per tonne: $202,5580%Air

Trend

Who it sells to

India has been its main destination since 2022

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

  • India 2
  • Turkey 0.06
  • United Kingdom 0.03
  • Switzerland 0.02
  • Kuwait 0.01

Source: CEPII BACI

Show the numbers
Partner19952024
India0.062
Turkey< 0.010.06
United Kingdom0.040.03
Switzerland00.02
Kuwait00.01

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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