diff --git a/app/assets/javascripts/vue_shared/components/markdown/comment_templates_dropdown.vue b/app/assets/javascripts/vue_shared/components/markdown/comment_templates_dropdown.vue
index abfb92f772d5e2bfb602bbde9036219fa6d5705b..b1c6f5e6056f63eca06d1c921ea4252b8717f943 100644
--- a/app/assets/javascripts/vue_shared/components/markdown/comment_templates_dropdown.vue
+++ b/app/assets/javascripts/vue_shared/components/markdown/comment_templates_dropdown.vue
@@ -1,8 +1,10 @@
 <script>
 import { GlCollapsibleListbox, GlTooltip, GlButton } from '@gitlab/ui';
 import fuzzaldrinPlus from 'fuzzaldrin-plus';
+import { getDerivedMergeRequestInformation } from '~/diffs/utils/merge_request';
 import { InternalEvents } from '~/tracking';
 import savedRepliesQuery from './saved_replies.query.graphql';
+import { TRACKING_SAVED_REPLIES_USE, TRACKING_SAVED_REPLIES_USE_IN_MR } from './constants';
 
 export default {
   apollo: {
@@ -54,10 +56,14 @@ export default {
       this.commentTemplateSearch = search;
     },
     onSelect(id) {
+      const isInMr = Boolean(getDerivedMergeRequestInformation({ endpoint: window.location }).id);
       const savedReply = this.savedReplies.find((r) => r.id === id);
       if (savedReply) {
         this.$emit('select', savedReply.content);
-        this.track_event('i_code_review_saved_replies_use');
+        this.track_event(TRACKING_SAVED_REPLIES_USE);
+        if (isInMr) {
+          this.track_event(TRACKING_SAVED_REPLIES_USE_IN_MR);
+        }
       }
     },
   },
diff --git a/app/assets/javascripts/vue_shared/components/markdown/constants.js b/app/assets/javascripts/vue_shared/components/markdown/constants.js
new file mode 100644
index 0000000000000000000000000000000000000000..47ef7cccbc22eebfb230196aa316f32901d1c912
--- /dev/null
+++ b/app/assets/javascripts/vue_shared/components/markdown/constants.js
@@ -0,0 +1,2 @@
+export const TRACKING_SAVED_REPLIES_USE = 'i_code_review_saved_replies_use';
+export const TRACKING_SAVED_REPLIES_USE_IN_MR = 'i_code_review_saved_replies_use_in_mr';
diff --git a/config/metrics/counts_28d/20210427102618_code_review_category_monthly_active_users.yml b/config/metrics/counts_28d/20210427102618_code_review_category_monthly_active_users.yml
index 8d1f00446d78be1d25e31ab8c29a03c62a3fd203..18f4ed248370b679867d3222c9c82dd7f282e3e3 100644
--- a/config/metrics/counts_28d/20210427102618_code_review_category_monthly_active_users.yml
+++ b/config/metrics/counts_28d/20210427102618_code_review_category_monthly_active_users.yml
@@ -141,3 +141,4 @@ options:
     - 'i_code_review_merge_request_widget_security_reports_expand_failed'
     - 'i_code_review_saved_replies_create'
     - 'i_code_review_saved_replies_use'
+    - 'i_code_review_saved_replies_use_in_mr'
diff --git a/config/metrics/counts_28d/20210427103119_code_review_group_monthly_active_users.yml b/config/metrics/counts_28d/20210427103119_code_review_group_monthly_active_users.yml
index e19e0965e05443f83c60981a88ecf65f4da35198..796acd20d15b39c67a0c6b697b7e5be77f6ab832 100644
--- a/config/metrics/counts_28d/20210427103119_code_review_group_monthly_active_users.yml
+++ b/config/metrics/counts_28d/20210427103119_code_review_group_monthly_active_users.yml
@@ -146,3 +146,4 @@ options:
     - 'i_code_review_merge_request_widget_security_reports_expand_failed'
     - 'i_code_review_saved_replies_create'
     - 'i_code_review_saved_replies_use'
+    - 'i_code_review_saved_replies_use_in_mr'
diff --git a/config/metrics/counts_28d/20230809194743_i_code_review_saved_replies_use_in_mr_monthly.yml b/config/metrics/counts_28d/20230809194743_i_code_review_saved_replies_use_in_mr_monthly.yml
new file mode 100644
index 0000000000000000000000000000000000000000..490dbfadcd260ebc3a4687bd9631a60fab55d1ee
--- /dev/null
+++ b/config/metrics/counts_28d/20230809194743_i_code_review_saved_replies_use_in_mr_monthly.yml
@@ -0,0 +1,25 @@
+---
+key_path: redis_hll_counters.code_review.i_code_review_saved_replies_use_in_mr_monthly
+description: Monthly unique users who used saved replies from an MR page
+product_section: dev
+product_stage: create
+product_group: code_review
+value_type: number
+status: active
+milestone: "16.3"
+introduced_by_url: https://gitlab.com/gitlab-org/gitlab/-/merge_requests/128821
+time_frame: 28d
+data_source: redis_hll
+data_category: optional
+instrumentation_class: RedisHLLMetric
+performance_indicator_type: []
+distribution:
+- ce
+- ee
+tier:
+- free
+- premium
+- ultimate
+options:
+  events:
+  - i_code_review_saved_replies_use_in_mr
diff --git a/config/metrics/counts_7d/20210427103328_code_review_group_monthly_active_users.yml b/config/metrics/counts_7d/20210427103328_code_review_group_monthly_active_users.yml
index 94cf3bcc63c3c646355870ed162e11a8a9e88b17..b7a65d38ab3cb75694bae0d5b033ef89c647d723 100644
--- a/config/metrics/counts_7d/20210427103328_code_review_group_monthly_active_users.yml
+++ b/config/metrics/counts_7d/20210427103328_code_review_group_monthly_active_users.yml
@@ -144,3 +144,4 @@ options:
     - 'i_code_review_merge_request_widget_security_reports_expand_failed'
     - 'i_code_review_saved_replies_create'
     - 'i_code_review_saved_replies_use'
+    - 'i_code_review_saved_replies_use_in_mr'
diff --git a/config/metrics/counts_7d/20210427103407_code_review_category_monthly_active_users.yml b/config/metrics/counts_7d/20210427103407_code_review_category_monthly_active_users.yml
index a15273b156b759b3cc87103889805233e22767cd..c7c7e248ea0b1cd144a45e26f79a4246bd6a4790 100644
--- a/config/metrics/counts_7d/20210427103407_code_review_category_monthly_active_users.yml
+++ b/config/metrics/counts_7d/20210427103407_code_review_category_monthly_active_users.yml
@@ -139,3 +139,4 @@ options:
     - 'i_code_review_merge_request_widget_security_reports_expand_failed'
     - 'i_code_review_saved_replies_create'
     - 'i_code_review_saved_replies_use'
+    - 'i_code_review_saved_replies_use_in_mr'
diff --git a/config/metrics/counts_7d/20230809194743_i_code_review_saved_replies_use_in_mr_weekly.yml b/config/metrics/counts_7d/20230809194743_i_code_review_saved_replies_use_in_mr_weekly.yml
new file mode 100644
index 0000000000000000000000000000000000000000..81dc130397b33ace742dd045ddcb96c4c6c04257
--- /dev/null
+++ b/config/metrics/counts_7d/20230809194743_i_code_review_saved_replies_use_in_mr_weekly.yml
@@ -0,0 +1,25 @@
+---
+key_path: redis_hll_counters.code_review.i_code_review_saved_replies_use_in_mr_weekly
+description: Weekly unique users who used saved replies from an MR page
+product_section: dev
+product_stage: create
+product_group: code_review
+value_type: number
+status: active
+milestone: "16.3"
+introduced_by_url: https://gitlab.com/gitlab-org/gitlab/-/merge_requests/128821
+time_frame: 7d
+data_source: redis_hll
+data_category: optional
+instrumentation_class: RedisHLLMetric
+performance_indicator_type: []
+distribution:
+- ce
+- ee
+tier:
+- free
+- premium
+- ultimate
+options:
+  events:
+  - i_code_review_saved_replies_use_in_mr
diff --git a/config/metrics/counts_all/20230809194308_i_code_review_saved_replies_use_in_mr.yml b/config/metrics/counts_all/20230809194308_i_code_review_saved_replies_use_in_mr.yml
new file mode 100644
index 0000000000000000000000000000000000000000..a12d694306ea5a3d89321e2aa177243179beb95e
--- /dev/null
+++ b/config/metrics/counts_all/20230809194308_i_code_review_saved_replies_use_in_mr.yml
@@ -0,0 +1,25 @@
+---
+key_path: counts.i_code_review_saved_replies_use_in_mr
+description: Total number of times a saved reply was used from an MR page
+product_section: dev
+product_stage: create
+product_group: code_review
+value_type: number
+status: active
+milestone: "16.3"
+introduced_by_url: https://gitlab.com/gitlab-org/gitlab/-/merge_requests/128821
+time_frame: all
+data_source: redis
+data_category: optional
+instrumentation_class: RedisMetric
+performance_indicator_type: []
+distribution:
+- ce
+- ee
+tier:
+- free
+- premium
+- ultimate
+options:
+  event: use_in_mr
+  prefix: i_code_review_saved_replies
diff --git a/spec/frontend/vue_shared/components/markdown/comment_templates_dropdown_spec.js b/spec/frontend/vue_shared/components/markdown/comment_templates_dropdown_spec.js
index e4689a84900488c48976bddaac68870ad96fae81..cd9f27dccbd6e901875f67dfba472c2aafa74414 100644
--- a/spec/frontend/vue_shared/components/markdown/comment_templates_dropdown_spec.js
+++ b/spec/frontend/vue_shared/components/markdown/comment_templates_dropdown_spec.js
@@ -5,9 +5,14 @@ import savedRepliesResponse from 'test_fixtures/graphql/comment_templates/saved_
 import { mockTracking } from 'helpers/tracking_helper';
 import { mountExtended } from 'helpers/vue_test_utils_helper';
 import createMockApollo from 'helpers/mock_apollo_helper';
+import { useMockLocationHelper } from 'helpers/mock_window_location_helper';
 import waitForPromises from 'helpers/wait_for_promises';
 import CommentTemplatesDropdown from '~/vue_shared/components/markdown/comment_templates_dropdown.vue';
 import savedRepliesQuery from '~/vue_shared/components/markdown/saved_replies.query.graphql';
+import {
+  TRACKING_SAVED_REPLIES_USE,
+  TRACKING_SAVED_REPLIES_USE_IN_MR,
+} from '~/vue_shared/components/markdown/constants';
 
 let wrapper;
 let savedRepliesResp;
@@ -37,6 +42,18 @@ function findDropdownComponent() {
   return wrapper.findComponent(GlCollapsibleListbox);
 }
 
+async function selectSavedReply() {
+  const dropdown = findDropdownComponent();
+
+  dropdown.vm.$emit('shown');
+
+  await waitForPromises();
+
+  dropdown.vm.$emit('select', savedRepliesResponse.data.currentUser.savedReplies.nodes[0].id);
+}
+
+useMockLocationHelper();
+
 describe('Comment templates dropdown', () => {
   it('fetches data when dropdown gets opened', async () => {
     const mockApollo = createMockApolloProvider(savedRepliesResponse);
@@ -69,22 +86,44 @@ describe('Comment templates dropdown', () => {
       expect(wrapper.emitted().select[0]).toEqual(['Saved Reply Content']);
     });
 
-    it('tracks the usage of the saved comment', async () => {
-      const dropdown = findDropdownComponent();
-
-      dropdown.vm.$emit('shown');
-
-      await waitForPromises();
-
-      dropdown.vm.$emit('select', savedRepliesResponse.data.currentUser.savedReplies.nodes[0].id);
-
-      await waitForPromises();
-
-      expect(trackingSpy).toHaveBeenCalledWith(
-        expect.any(String),
-        'i_code_review_saved_replies_use',
-        expect.any(Object),
-      );
+    describe('tracking', () => {
+      it('tracks overall usage', async () => {
+        await selectSavedReply();
+
+        expect(trackingSpy).toHaveBeenCalledWith(
+          expect.any(String),
+          TRACKING_SAVED_REPLIES_USE,
+          expect.any(Object),
+        );
+      });
+
+      describe('MR-specific usage event', () => {
+        it('is sent when in an MR', async () => {
+          window.location.toString.mockReturnValue('this/looks/like/a/-/merge_requests/1');
+
+          await selectSavedReply();
+
+          expect(trackingSpy).toHaveBeenCalledWith(
+            expect.any(String),
+            TRACKING_SAVED_REPLIES_USE_IN_MR,
+            expect.any(Object),
+          );
+          expect(trackingSpy).toHaveBeenCalledTimes(2);
+        });
+
+        it('is not sent when not in an MR', async () => {
+          window.location.toString.mockReturnValue('this/looks/like/a/-/issues/1');
+
+          await selectSavedReply();
+
+          expect(trackingSpy).not.toHaveBeenCalledWith(
+            expect.any(String),
+            TRACKING_SAVED_REPLIES_USE_IN_MR,
+            expect.any(Object),
+          );
+          expect(trackingSpy).toHaveBeenCalledTimes(1);
+        });
+      });
     });
   });
 });