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12 World’s Biggest Country Producers of Silver

 
12 World’s Biggest Country Producers of Silver

 

12 World’s Biggest Country Producers of Silver- According to the U.S. Geological Survey in 2024, these are the 12 largest silver-producing countries in 2023. These countries statistically have abundant resources of silver. With these rich resources of silver deposited in their land, they can mine and use it for domestic consumption. Some of the country’s export their silver to others. Silver can be processed into some products. Some cooking utensils, jewellery, film, medical equipment, electric components, building components still used silver as main or mixed material to maximize the functions.


12 World’s Biggest Country Producers of Silver


Statistically, silver is still an important commodity in the world. The production is still in stable conditions. In 2023, the production of world’s silver reached 26,000 tons. Meanwhile, in 2022, the production was in 25,600 tons. Here are the 12 largest silver-producing countries in 2023, based on data from the U.S. Geological Survey in 2024.

 

Table Rank of 12 World’s Biggest Country Producers of Silver in 2023

 

Rank

Countries

Silver Production in 2023

Silver Production in 2022

Potential Reserves of Silver

(in Tons)

(in Tons)

(in Tons)

1

Mexico

6,400

6,195

37,000

2

China

3,400

3,480

72,000

3

Peru

3,100

3,079

110,000

4

Chile

1,400

1,274

26,000

5

Poland

1,300

1,316

63,000

6

Russia

1,200

1,280

92,000

7

Australia

1,200

1,167

94,000

8

Bolivia

1,200

1,214

22,000

9

Argentina

1,000

913

6,500

10

United States of America

1,000

1,010

23,000

11

Kazakhstan

990

1,053

N/A

12

India

690

694

8,000

Source: U.S. Geological Survey, 2024

 

 
Brief Description of 12 World’s Biggest Country Producers of Silver in 2023

 

King of Silver Country Producers


  

1.Mexico           

Mexico became the world’s biggest country producer of silver in 2023. Based on the U.S. Geological Survey data in 2024, the production of silver from this country reaches 6,400 thousand tons (tons). Geographically, there are some regions that become the main production of silver. Zacatecas, Chihuahua, Durango, Sonora, Oaxaca are some of the regions in Mexico that have the biggest production of silver. Of all these regions, Zacatecas still the highest of all. Some of silver production can be processed into some religious goods, coins, culinary goods, and the others. Penasquito mine in Mexico is one of the biggest silver mining areas in the world.  


2.China

China became the second-largest silver-producing country in 2023. According to U.S. Geological Survey data in 2021, the production of silver from Mao Zedong’s country reached 3,400 tons. Geographically, there are some mining areas of silver that have the biggest production. Fankou, Ying, Jiama, Xinhuashan, Shaxi Copper Mine are some mining areas with huge production.


3.Peru 

Peru is the 3rd world’s biggest country producer of silver in 2023. Based on the world mining data in 2021, the production of silver from Peru is up to 3,100 tons (t). Geographically, there are some of the biggest areas in Peru with Ancash, Pasco, Junin, Lima, Ayacucho, Apurimac, and Tacna being some of the biggest areas of silver production in Peru.


4.Chile

Chile is the 4th world’s biggest country producer of silver in 2023. According to the U.S. Geological Survey in 2024, the production of silver from Chile reaches 1,400 tons. In Chile, there are some sites of silver mining. These are Chuquicamata, Mantos Blancos, Mina Ministro Hales, and Collahuasi Mine.


5.Poland            

Poland is the next 5th world’s biggest country producer of silver in 2023. According to the U.S. Geological Survey, the production of Silver from Poland reaches 1,300 tons. Geographically, there are some areas of silver mining in Poland. Rudna, Lubin Mine, Polkowice-Sieroszowice are some of the silver mining areas in Poland.


6.Russia             

Russia is the 6th world’s biggest country producer of silver in 2023. According to the U.S. Geological Survey in 2021, the production of Silver from Russia can achieve 1,200 thousand tons. Geographically, there are some regions of silver production in Russia. Dukat, Mangazeisky, Lunnoye-Arylakh, Mayminovskoye, Kupol and Dvoinoye are some of the biggest silver mining areas in Russia.


7.Australia        

Australia is the next 7th world’s biggest country producer of silver in 2023. According to the U.S. Geological Survey in 2021, the production of silver from Australia achieved 1,200 tons. In this country, some of silver production can be found mostly South Australia. Broken Hill, Elura (New South Wales), Rosebery (Tasmania) and Cannington (Queensland) Mines are some of silver mining sites in Australia.


8.Bolivia            

Bolivia is the next 8th biggest country producer from the American Continent. In 2019, the production of Bolivia’s silver reached 1,200 tons. Geographically, there is a primary silver mining area in Bolivia and the San Cristóbal mining area which recognized as one of the largest silver deposits in the world.


9.Argentina      

Argentina is the ninth biggest producer in 2023. The U.S. Geological Survey reports that Tango produces 1,000 tons of silver. In Argentina, there are some silver mining areas. Some of them are Cerro Vanguardia Mine, Diablillos mine, Manantial Espejo mine, Navidad mine, and Pirquitas mine.


10. United States of America    

The United States of America becomes the 10th world’s biggest country producer of silver in 2023. In that year, the production of silver from Abraham Lincoln’s country reached 1,000 tons. Based on states in the USA, there are some areas with the largest production of silver. Alaska, Arizona, California, Colorado, Idaho, Missouri, Montana, and Nevada are the main areas of silver production.


11.Kazakhstan 

Kazakhstan is the 11th biggest country producer in 2023. Based on the U.S. Geological Survey, the production of silver from Kazakhstan reached 990 tons. In this country, there are several regions of silver mining. Maleevsky, Koktaszhal Project, Artemovsky, Bozshakol, and Aktogay are some of the site 's mining areas.


12.India             

India will become the 12th world’s biggest country producer of silver in 2023. According to the U.S. Geological Survey in 2021, the production of silver from India reached 690 tons. Geographically, Sindesar Khurd Mine, Rampura Agucha Mine, Zawar Mine, Rajpura Dariba Mine, and Hutti Mine are some of silver sites in India.

 

The Summary of 12 World’s Biggest Country Producers of Silver in 2023



The Rank of 12 World’s Biggest Country Producers of Silver in 2023


 

Bibliography of 12 World’s Biggest Country Producers of Silver in 2023


U.S. Geological Survey. 2024. Silver. Accessed via https://www.usgs.gov/centers/national-minerals-information-center/silver-statistics-and-information  on January 22nd, 2025.


Statista. 2021. Leading states in silver production in Mexico in 2020, based on output. Accessed via https://www.statista.com/statistics/795956/mexico-volume-of-silver-production/#:~:text=In%202020%2C%20the%20state%20of,percent%20of%20Mexico's%20silver%20production on January 22th, 2022.


Statista. 2021. Distribution of silver mine production in Peru in 2020, by region. Accessed via https://www.statista.com/statistics/1030976/peru-silver-mine-production-region/ on January 22nd, 2022.


Keating, J., J.J. Hogan., and G. Couturier.2006. Silver. Accessed via  https://www.thecanadianencyclopedia.ca/en/article/silver  on January 22nd, 2022.

 

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