Canada Silver Exports & Imports by Country
Canada exported C$299m of silver (108 tonnes) and imported C$392m in August 2026. Over the last 12 months exports totalled C$4.0bn (1,379 t, about US$2.9bn) and imports C$6.0bn. The biggest destination was United States (46% of exports), and the biggest source United States (25% of imports). Exports so far in 2026 are up 84% on the same months of 2025.
Canadian silver exports and imports, monthly since 1988
Canadian dollarsTop Partners, Last 12 Months
Sep 2025 – Aug 2026, all silver products, Canadian dollars.
Destinations (exports)
| Country | Value | Share |
|---|---|---|
| 1. United States | C$1.8bn | 46.3% |
| 2. United Kingdom | C$1.8bn | 44.9% |
| 3. Germany | C$230m | 5.8% |
| 4. United Arab Emirates | C$46.5m | 1.2% |
| 5. Hong Kong | C$36.9m | 0.9% |
| 6. Switzerland | C$22.2m | 0.6% |
| 7. Belgium | C$3.1m | 0.1% |
| 8. Poland | C$2.9m | 0.1% |
| 9. Cayman Islands | C$2.5m | 0.1% |
| 10. Japan | C$1.5m | 0.0% |
| 11. Taiwan | C$996k | 0.0% |
| 12. Singapore | C$940k | 0.0% |
| 13. Australia | C$550k | 0.0% |
| 14. India | C$219k | 0.0% |
| 15. Vietnam | C$182k | 0.0% |
| All countries | C$4.0bn | 100% |
Sources (imports)
| Country | Value | Share |
|---|---|---|
| 1. United States | C$1.5bn | 25.5% |
| 2. Nicaragua | C$1.1bn | 18.3% |
| 3. Mexico | C$1.0bn | 16.9% |
| 4. Bolivia | C$517m | 8.6% |
| 5. Dominican Republic | C$424m | 7.1% |
| 6. Canada (re-imports) | C$377m | 6.3% |
| 7. Poland | C$329m | 5.5% |
| 8. Switzerland | C$157m | 2.6% |
| 9. United Kingdom | C$137m | 2.3% |
| 10. Germany | C$97.7m | 1.6% |
| 11. Peru | C$82.9m | 1.4% |
| 12. Uzbekistan | C$73.2m | 1.2% |
| 13. Kazakhstan | C$40.0m | 0.7% |
| 14. Belgium | C$31.8m | 0.5% |
| 15. Chile | C$31.2m | 0.5% |
| All countries | C$6.0bn | 100% |
Month by Month
The last 12 months, with the largest partner each month.
| Month | Exports | Imports | Net |
|---|---|---|---|
| Aug 2026 | C$299m | C$392m | −C$93.4m |
| Jul 2026 | C$444m | C$411m | +C$33.2m |
| Jun 2026 | C$688m | C$409m | +C$279m |
| May 2026 | C$336m | C$530m | −C$194m |
| Apr 2026 | C$357m | C$546m | −C$189m |
| Mar 2026 | C$513m | C$447m | +C$66.3m |
| Feb 2026 | C$329m | C$1.1bn | −C$784m |
| Jan 2026 | C$377m | C$946m | −C$568m |
| Dec 2025 | C$141m | C$235m | −C$94.0m |
| Nov 2025 | C$188m | C$314m | −C$125m |
| Oct 2025 | C$168m | C$434m | −C$266m |
| Sep 2025 | C$126m | C$221m | −C$95.0m |
By Product, Last 12 Months
| Product (HS code) | Exports | Imports |
|---|---|---|
| Unwrought silver (bars, grain) 7106.91 | C$3.5bn | C$3.7bn |
| Semi-manufactured silver 7106.92 | C$463m | C$2.2bn |
| Silver powder 7106.10 | C$49.3m | C$36.2m |
Year by Year
| Year | Exports | Imports | Net |
|---|---|---|---|
| 2026 (8 mo.) | C$3.3bn | C$4.8bn | −C$1.5bn |
| 2025 | C$2.4bn | C$2.5bn | −C$78.9m |
| 2024 | C$2.0bn | C$1.8bn | +C$221m |
| 2023 | C$1.6bn | C$3.3bn | −C$1.7bn |
| 2022 | C$1.2bn | C$3.6bn | −C$2.4bn |
| 2021 | C$1.0bn | C$5.3bn | −C$4.3bn |
| 2020 | C$1.2bn | C$3.5bn | −C$2.3bn |
| 2019 | C$1.0bn | C$781m | +C$226m |
| 2018 | C$1.2bn | C$551m | +C$601m |
| 2017 | C$1.3bn | C$874m | +C$466m |
| 2016 | C$2.2bn | C$1.7bn | +C$475m |
| 2015 | C$1.9bn | C$1.3bn | +C$587m |
| 2014 | C$1.6bn | C$991m | +C$656m |
| 2013 | C$2.3bn | C$1.0bn | +C$1.3bn |
| 2012 | C$2.2bn | C$1.4bn | +C$762m |
| 2011 | C$3.5bn | C$2.9bn | +C$622m |
| 2010 | C$1.8bn | C$1.4bn | +C$370m |
| 2009 | C$745m | C$680m | +C$64.8m |
| 2008 | C$726m | C$370m | +C$356m |
| 2007 | C$680m | C$200m | +C$480m |
| 2006 | C$660m | C$172m | +C$488m |
| 2005 | C$434m | C$104m | +C$329m |
| 2004 | C$423m | C$165m | +C$258m |
| 2003 | C$351m | C$27.7m | +C$324m |
| 2002 | C$435m | C$53.0m | +C$382m |
| 2001 | C$399m | C$37.0m | +C$362m |
| 2000 | C$407m | C$27.7m | +C$379m |
| 1999 | C$440m | C$22.7m | +C$417m |
| 1998 | C$443m | C$47.9m | +C$395m |
| 1997 | C$283m | C$61.3m | +C$222m |
| 1996 | C$332m | C$18.7m | +C$314m |
| 1995 | C$279m | C$31.1m | +C$248m |
| 1994 | C$252m | C$43.8m | +C$208m |
| 1993 | C$195m | C$40.5m | +C$155m |
| 1992 | C$166m | C$17.0m | +C$149m |
| 1991 | C$150m | C$17.4m | +C$133m |
| 1990 | C$244m | C$22.3m | +C$221m |
| 1989 | C$219m | C$33.6m | +C$185m |
| 1988 | C$306m | C$32.2m | +C$274m |
Exports by destination and year (top 20)
| Country | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| United States | C$1.7bn | C$1.9bn | C$1.8bn | C$1.6bn | C$1.2bn | C$973m |
| United Kingdom | C$1.4bn | C$441m | C$13k | C$3.6m | C$22k | C$28k |
| Germany | C$174m | C$124m | C$90.5m | C$39.7m | C$29.6m | C$30.0m |
| United Arab Emirates | C$46.5m | C$81k | — | C$49k | — | — |
| Hong Kong | C$36.9m | C$22k | — | — | C$175k | C$1k |
| Switzerland | C$21.0m | C$1.8m | C$119m | C$24.0m | C$32k | C$208k |
| Belgium | C$2.5m | C$602k | C$263k | C$2k | C$1.6m | C$406k |
| Poland | C$1.1m | C$4.0m | C$4.5m | C$3.6m | C$2.9m | C$3.1m |
| Cayman Islands | C$2.5m | — | — | C$1k | C$16k | — |
| Japan | C$1.5m | — | — | C$2k | C$190k | C$875k |
| Taiwan | C$996k | — | C$2k | — | — | C$27k |
| Singapore | C$919k | C$24k | C$6k | C$163k | C$880k | C$2k |
| Australia | C$529k | C$61k | C$922k | C$1.1m | C$1.2m | C$1.9m |
| India | C$150k | C$198k | C$153k | C$191k | C$82k | C$101k |
| Vietnam | C$65k | C$145k | C$89k | C$79k | C$75k | C$127k |
| Malaysia | C$159k | C$66k | C$684k | C$317k | C$1.6m | C$791k |
| Mexico | C$110k | C$24k | C$18k | C$22k | C$42k | C$96k |
| Indonesia | C$83k | C$43k | C$10k | — | C$11k | C$31k |
| New Zealand | C$75k | C$2k | C$0k | C$5k | C$11k | C$2k |
| Thailand | C$58k | C$35k | C$2k | C$3k | C$3k | — |
Imports by source and year (top 20)
| Country | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| United States | C$1.2bn | C$757m | C$421m | C$422m | C$697m | C$1.8bn |
| Nicaragua | C$821m | C$322m | C$15.6m | C$11.9m | — | — |
| Mexico | C$875m | C$201m | C$101m | C$227m | C$164m | C$175m |
| Bolivia | C$390m | C$255m | C$184m | C$121m | C$132m | C$175m |
| Dominican Republic | C$424m | — | C$0k | — | — | — |
| Canada (re-imports) | C$338m | C$107m | C$21.9m | C$368m | C$276m | C$487m |
| Poland | C$298m | C$192m | C$145m | C$176m | C$203m | C$254m |
| Switzerland | C$107m | C$140m | C$25.1m | C$102m | C$67.3m | C$84.3m |
| United Kingdom | C$114m | C$64.9m | C$911k | C$174m | C$146m | C$586m |
| Germany | C$20.6m | C$127m | C$140m | C$370m | C$473m | C$407m |
| Peru | C$74.5m | C$19.0m | C$19.0m | C$4.7m | C$12.3m | C$8.0m |
| Uzbekistan | C$73.2m | — | — | C$45.9m | C$72.9m | C$874k |
| Kazakhstan | — | C$67.7m | — | C$1.1m | C$224m | C$453m |
| Belgium | C$28.0m | C$7.1m | C$5.9m | C$18.7m | C$16.7m | C$1.8m |
| Chile | C$27.7m | C$40.0m | C$83.9m | C$161m | C$37.3m | C$4k |
| Australia | C$11.4m | C$2.8m | C$107k | C$1.3m | C$19.1m | C$48.5m |
| South Korea | C$809k | C$39.3m | C$297m | C$305m | C$218m | C$120m |
| Taiwan | C$6k | C$17.0m | C$41.1m | C$495m | C$384m | C$450m |
| France | C$4.4m | C$4.1m | C$3.7m | C$1.7m | C$3.9m | C$1.7m |
| Argentina | C$3.3m | C$74.8m | C$152m | C$169m | C$173m | C$154m |
Canada Silver Trade: FAQ
Where does Canada export its silver to?
Over the 12 months to August 2026 the largest destinations were United States (C$1.8bn, 46%), United Kingdom (C$1.8bn, 45%), Germany (C$230m, 6%), United Arab Emirates (C$46.5m, 1%), out of C$4.0bn in all.
Where does Canada import silver from?
Over the same 12 months the largest sources were United States (C$1.5bn, 25%), Nicaragua (C$1.1bn, 18%), Mexico (C$1.0bn, 17%), Bolivia (C$517m, 9%), out of C$6.0bn in all.
How much silver does Canada export?
In the 12 months to August 2026, 1,379 tonnes worth C$4.0bn. The biggest full year by value was 2011 (C$3.5bn). Canada's mines produced about 400 tonnes of silver in 2025 (USGS estimate); much of it is a by-product of base-metal and gold mines, and exports also include metal refined from imported material.
Why does so much Canadian silver go to the United States?
Most Canadian silver is refined or traded close to home: bars go to US refiners, fabricators and the COMEX warehouses in New York, and flows jump when New York prices pull away from London.
What do the figures include?
HS heading 7106: unwrought silver (bars, grain), semi-manufactured silver, silver powder. Coins, jewellery, scrap, ores and concentrates are counted elsewhere. Exports are total exports (Canadian-made plus re-exports), imports are by country of origin. Values are in Canadian dollars, not adjusted for inflation; quantities are in tonnes.
How often is this updated?
Monthly. Statistics Canada publishes each month's trade figures about five weeks after the month ends and revises recent months. This page checks for new data twice a day.
Adapted from Statistics Canada, Canadian International Merchandise Trade Database (customs basis, HS 7106, by partner country, monthly from 1988), August 2026. This does not constitute an endorsement by Statistics Canada of this product. Used under the Statistics Canada Open Licence. Recent months are revised by Statistics Canada. Totals over several months, shares, rankings, net trade, tonnes (converted from grams and kilograms) and the US-dollar figure (Bank of Canada monthly exchange rates) are Corgano's calculations.
See also: silver price in Canada · Bank of Canada interest rate · US silver trade by country · silver production by country.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026canadasilverexports, author = {{Corgano}}, title = {Canada Silver Exports & Imports by Country}, howpublished = {\url{https://silverprice.corgano.com/canada-silver-exports}}, year = {2026}, note = {Corgano Silver Price, accessed 2026-10-26}}