U.S. exports of Silver Ores and Concentrates (SITC 28911) totaled $114.7M in August 2026, exported to 1 country.
Last updated: August 2026 dataSilver ores and concentrates are intermediate mining products — typically flotation or gravity concentrates containing silver alongside base-metal sulfides — shipped from mine sites to smelters and refineries for further processing. Unlike refined silver, concentrates are valued by assay, with payable silver content negotiated against treatment and refining charges in offtake contracts. Classification as an ore or concentrate rather than a more processed silver product is critical, as it determines the applicable duty rate and whether any export restrictions in the country of origin apply. Importers should retain assay certificates and chain-of-custody documentation to support customs valuation, which is based on the contained metal value rather than gross weight.
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Customs value for polymetallic concentrates is typically based on the transaction value of the shipment as invoiced, which in turn reflects the payable metal content (silver, gold, copper, lead, or zinc) minus treatment and refining charges. Importers should retain the commercial invoice, assay certificate, and offtake contract terms as supporting documentation, since CBP may request these to verify that the declared value accurately reflects the contained silver and co-product credits.
Silver concentrates are produced directly from ore by physical beneficiation (flotation, gravity separation) and retain the mineralogical character of the original ore. Slags and residues arise from smelting or refining operations and are classified under separate headings for metallurgical residues. The distinction affects both the applicable SITC/HTS heading and, in some jurisdictions, export licensing requirements, so the processing history of the material should be documented clearly in shipping records.
Basic heading 16 of 239 in section 2
Basic heading 28911 · $114.7M of $7.8B
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Exports · August 2026
destination
Belgium and South Korea together take 96% of it.
customs district
Census does not publish district detail for this classification system.
origin
Census does not publish state detail for this classification system.
entry
Census does not publish port detail for this classification system.
ImportsExports
Imports
—YoY · free account
Exports
$114.7MYoY · free account
Low of 4 reported months · imports
Low · free accountOver the twelve months to August 2026, the U.S. exported $510.3M of Silver Ores and Concentrates.
Through August 2026 · imports 4 of 12 months reported. Source: U.S. Census Bureau.