Silver supply remains flat while industrial demand—driven by solar and electronics—continues to surge, keeping the market in a deepening structural deficit.
In 1995, nearly four-fifths of China’s exports went to just ten economies. By 2024, the top-ten’s share was reduced to 51%.
China’s rise from 4% of world exports in 2000 to nearly 16% in 2024 reflects a two-decade structural transformation.
The world’s export landscape has been transformed over the past 80 years, from Trans-Atlantic dominance to Japan’s and China’s rise and mega-trading blocs.
China’s rise from a minor exporter to the centre of global manufacturing redefined world trade flows, reshaped supply chains and forced the global economy to evolve.
China’s accession to the WTO accelerated its shift from the “workshop of the world” to a central node of manufacturing, production and demand.
