Mexico
Mexico mined an estimated 6,300 tonnes of silver in 2025, up from 5,780 tonnes in 2024, and leads the USGS table by a wide margin. It is also the largest source of U.S. silver imports, at 47% in 2021-24.
The world's leading silver-mining countries ranked by estimated 2025 mine output in tonnes, from the USGS Mineral Commodity Summaries 2026.
Mexico is the world's largest silver miner, with an estimated 6,300 tonnes of mine production in 2025. Peru is second at 3,600 tonnes and China third at 3,400 tonnes. The ranking uses USGS Mineral Commodity Summaries 2026 (February 2026) estimates of 2025 silver mine output, measured in metric tons of silver content.
World silver mine production rose slightly to an estimated 26,000 tonnes in 2025, from 25,300 tonnes in 2024, according to the U.S. Geological Survey. Much of it is not mined for its own sake: USGS notes that silver is obtained mainly as a byproduct of lead-zinc, copper and gold mines. This list ranks countries by silver mine production using the USGS Mineral Commodity Summaries 2026.
Mexico mined an estimated 6,300 tonnes of silver in 2025, up from 5,780 tonnes in 2024, and leads the USGS table by a wide margin. It is also the largest source of U.S. silver imports, at 47% in 2021-24.
Peru produced an estimated 3,600 tonnes in 2025. USGS puts its reserves at 110,000 tonnes, the largest figure in the table, revised in this edition based on government reports.
China mined an estimated 3,400 tonnes in 2025, slightly below its 3,430 tonnes in 2024. Its reserves, 67,000 tonnes, were revised in this edition based on government reports.
Bolivia produced an estimated 1,500 tonnes in 2025, close to its 1,490 tonnes in 2024, and holds reserves of 22,000 tonnes.
Chile mined an estimated 1,400 tonnes in 2025, up from an estimated 1,200 tonnes in 2024. Its reserves of 33,000 tonnes were revised based on government reports.
Poland produced an estimated 1,300 tonnes of silver in 2025, against 1,320 tonnes in 2024, and holds reserves of 59,000 tonnes.
Russia mined an estimated 1,200 tonnes in 2025, down from 1,280 tonnes in 2024. Its reserves of 92,000 tonnes are second only to Peru's in the USGS table.
U.S. mines produced about 1,100 tonnes of silver worth an estimated $1.4 billion in 2025, a 4% rise. Alaska was the leading silver-producing state, followed by Nevada.
Australia mined an estimated 1,000 tonnes in 2025, down from 1,050 tonnes in 2024. USGS lists reserves of 91,000 tonnes, of which 22,000 tonnes are JORC-compliant or equivalent.
Argentina produced an estimated 800 tonnes in 2025, tying India, and takes tenth place on its higher 2024 output (774 tonnes vs India's 700).
| # | Name | 2024 output (t) | Share of world 2025 | Reserves (t) |
|---|---|---|---|---|
| 1 | Mexico | 5780 | 24.2% | 37000 |
| 2 | Peru | 3510 | 13.8% | 110000 |
| 3 | China | 3430 | 13.1% | 67000 |
| 4 | Bolivia | 1490 | 5.8% | 22000 |
| 5 | Chile | 1200 | 5.4% | 33000 |
| 6 | Poland | 1320 | 5.0% | 59000 |
| 7 | Russia | 1280 | 4.6% | 92000 |
| 8 | United States | 1050 | 4.2% | 23000 |
| 9 | Australia | 1050 | 3.8% | 91000 |
| 10 | Argentina | 774 | 3.1% | 6500 |
Ranked by estimated 2025 silver mine production in metric tons of silver content, from the USGS Mineral Commodity Summaries 2026 (February 2026) silver chapter, World Mine Production and Reserves table. Only the 14 countries USGS reports individually are ranked; the 'other countries' group (an estimated 2,100 tonnes combined in 2025) is excluded, so a country inside that group could in principle exceed the lower entries here. Argentina and India are tied at 800 tonnes for 2025; Argentina is placed tenth on its higher 2024 output (774 vs 700 tonnes). Share of world uses the USGS rounded world total of 26,000 tonnes. 2025 figures are USGS estimates and may be revised; the 2024 figure for Chile is also a USGS estimate. Reserves are as published by USGS (Australia's total includes reserves that are not JORC-compliant). Refinery output and recycled silver are not counted.
Mexico, with an estimated 6,300 tonnes in 2025 according to the USGS, followed by Peru (3,600 tonnes) and China (3,400 tonnes).
An estimated 26,000 tonnes in 2025, up from 25,300 tonnes in 2024. USGS puts world reserves at 610,000 tonnes.
Peru, at 110,000 tonnes in the USGS table, followed by Russia at 92,000 tonnes and Australia at 91,000 tonnes (22,000 tonnes of Australia's total are JORC-compliant or equivalent).
No. USGS says silver is primarily obtained as a byproduct from lead-zinc, copper and gold mines, though it was the principal product at several mines.
No. The 2025 numbers are USGS estimates published in February 2026 and may be revised.