Top 10 Silver Producing Countries in the World: Mexico Takes the Lead

Silver is a precious metal with a relatively high market value. Although its price remains significantly lower than gold, silver remains popular as a raw material for various products, such as jewelry, coins, and electrical conductors.

According to data from the United States Geological Survey (USGS), total global silver production amounted to 24,000 metric tons in 2021. This figure represents a 2.13% increase compared to the previous year's 23,500 metric tons.

Mexico is the world's largest silver producer, with a production of 5,600 metric tons in 2021.

China ranks second with a silver production of 3,400 metric tons. Peru follows with 3,000 metric tons.

Chile occupies fourth place with a silver production of 1,600 metric tons. This is followed by Australia, Poland, and Russia, each producing 1,300 metric tons of silver.

Silver production in the United States and Bolivia is the same, at 1,000 metric tons. Meanwhile, Argentina produced 800 metric tons of silver.

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