According to data from the General Administration of Customs of China, in April 2025, the exports of unwrought silver with a purity of ≥99.99% reached 360.9 mt, down approximately 4% WoW and 2% YoY. In terms of silver powder, the total imports of various types of flake and non-flake silver powder in April 2025 amounted to 223.5 mt, up 11% MoM and down 26% YoY.

[SMM Silver Market Flash] According to data from the General Administration of Customs of China, in April 2025, the exports of unwrought silver with a purity of ≥99.99% reached 360.9 mt, down approximately 4% MoM and 2% YoY. Regarding silver powder, the total imports of various types of flake and non-flake silver powder in April 2025 amounted to 223.5 mt, up 11% MoM and down 26% YoY.

[SMM Analysis: 2024 Silver Annual Export Volume Continues to Rise, Unexpected Import of Silver Ingots] The annual export volume of silver in 2024 reached 4,244.3 mt, up 178.4 mt YoY, an increase of 4.35%, showing a continuous growth trend. Below are the highlights of silver imports and exports in 2024.

[SMM Analysis: 2024 Silver Annual Export Volume Continues to Increase, Unexpected Import of Silver Ingots] The annual export volume of silver in 2024 reached 4,244.3 mt, up 178.4 mt YoY, an increase of 4.35%, showing a continuous growth trend. Below are the highlights of silver imports and exports in 2024.

In August, imports of unwrought silver with a purity of ≥99.99% were 24.8 mt, down 76.6% MoM.

[SMM Analysis: Silver Exports Rose and Imports Fell in August] In August, the import volume of unwrought silver with a purity of ≥99.99% was 24.8 tons, a decrease of 76.6% month-on-month, while the export volume was 318.1 tons, up 12.3% month-on-month; the import volume of silver nitrate was 100.41 kg, down 56% month-on-month, while the export volume was 1,050 tons, up 7,400% month-on-month; the import volume of silver powder was 216.1 tons, down 27.9% month-on-month...

According to an SMM survey, the output of silver by-products from primary lead smelters in July fell nearly 5% MoM from June.

In May 2024, the export volume of unrefined silver with a purity of ≥99.99% was 386.6 mt, up 5% MoM; the export volume of semi-finished silver with a purity of ≥99% was 0.2 mt; the import volume of unrefined silver with a purity of ≥99.99% was 1.71 mt, up 8.9% MoM; the import volume of semi-finished silver with a purity of ≥99.99% was 1.055 mt, up 27.3% MoM.

The export volume of semi-finished silver with a purity of ≥99.99% was 0.00325 tons; the export volume of unwrought silver with a purity of ≥99.99% was 321.064396 tons, a month-on-month decrease of 11% and a year-on-year increase of 15%. In February 2024, export volume of unwrought silver with purity ≥99.99% was 261.549239 tons, a decrease of 18.5% month-on-month and a year-on-year decrease of 4%.

In 2023, China's silver ingot export volume was 4,066 tons, a year-on-year increase of 3.9%. The export volume of semi-finished silver with a purity of ≥99.99% was 0.213306 tons, a year-on-year decrease of 64%; the export volume of unwrought silver with a purity of ≥99.99% was 4065.870122 tons, a year-on-year increase of 3.9%.