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Who mines the most silver? The leading countries

The largest silver producing countries in the world: Mexico around 6,300 t, ahead of China and Peru (USGS 2024).

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Supply · Mine production

Who mines the most silver? The leading countries

At around 6,300 tonnes a year, Mexico is clearly the largest silver producer in the world — more than China and Peru combined. A large share of silver comes out as a by-product of lead, zinc and copper mining.

1 Mexico 6,300 t
2 China 3,300 t
3 Peru 3,100 t
4 Chile 1,600 t
5 Bolivia 1,400 t
6 Poland 1,300 t
7 Russia 1,200 t
8 Australia 1,100 t

Source: USGS / Silver Institute (2024 data), rounded. World mine production is around 25,000 tonnes a year; the market has been in supply deficit for several years.

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