Imports: Silver, various forms

U.S. imports of Silver, various forms increased 104.22 percent through August to $6.43 billion.

Top markets Silver, various forms

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Silver, various forms by port

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U.S. imports of Silver, various forms increased 104.22 percent through August to $6.43 billion

The category ranked 69 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 116 for the last full year with a total value of $5.09 billion, a $931.65 million, 15.48 percent decreased from the 2023 total.

Through August of this year the leading sources were No. 1 Mexico, No. 2 Canada, No. 3 South Korea, No. 4 Kazakhstan and No. 5 Germany. The leading sources were No. 1 Port Laredo, No. 2 John F. Kennedy International Airport, No. 3 Buffalo Peace Bridge, NY, No. 4 Champlain Border Crossing, NY and No. 5 Newark Liberty International Airport, NJ.

In the last previous full year, the leading sources were No. 1 Mexico, No. 2 Canada, No. 3 South Korea, No. 4 Poland and No. 5 Chile. The leading sources were No. 1 Port Laredo, No. 2 John F. Kennedy International Airport, No. 3 Buffalo Peace Bridge, NY, No. 4 Champlain Border Crossing, NY and No. 5 Alexandria Bay land-based cargo, NY.

Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:

Highlights for the top five ports:

  • Port Laredo rose 42.46 percent compared to last year to $1.73 billion.
  • John F. Kennedy International Airport rose 505.34 percent compared to last year to $1.49 billion.
  • Buffalo Peace Bridge, NY rose 592.36 percent compared to last year to $1.21 billion.
  • Champlain Border Crossing, NY rose 14.75 percent compared to last year to $474.17 million.
  • Newark Liberty International Airport, NJ rose 16789 percent compared to last year to $211.17 million.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign sources:

  • U.S. imports from No. 1 Mexico increased $843.6 million, 51.74 percent, (38.48 percent market share).
  • U.S. imports from No. 2 Canada increased $452.43 million, 79.38 percent, (15.9 percent market share).
  • U.S. imports from No. 3 South Korea increased $531.49 million, 235.39 percent, (11.78 percent market share).
  • U.S. imports from No. 4 Kazakhstan increased $397.52 million, 3932 percent, (6.34 percent market share).
  • U.S. imports from No. 5 Germany increased $285.34 million, 301.99 percent, (5.91 percent market share).

All totaled, 78.42 percent of all these Silver, various forms imports to the United States were shipped from the top five sources through August of this year. That is equal to $5.04 billion of the $6.43 billion total.

All totaled, 79.61 percent of all these Silver, various forms imports to the United States were shipped to the top five Ports through August of this year. That is equal to $5.12 billion of the $6.43 billion total.