Heading · Chapter 26
2616: Precious-metal ores and concentrates
2 subheadings make up heading 2616 in chapter 26 (ores, slag and ash).
Duty rates compared
Türkiye
USASubheadings 2
EU: imports by month
World trade in 2024
Trade value (US$) no reported trade < US$5mUS$5m+US$105m+US$472m+> US$1bn
Exports: 116
- Peru: US$2bn
- Russia: US$2bn
- Australia: US$2bn
- South Africa: US$1bn
- Indonesia: US$1bn
- Bolivia: US$960m
- Bulgaria: US$874m
- Mexico: US$852m
- Ecuador: US$816m
- Canada: US$622m
- Papua New Guinea: US$472m
- Argentina: US$415m
- Brazil: US$412m
- United States: US$343m
- Kazakhstan: US$332m
- Türkiye: US$246m
- Tajikistan: US$211m
- Kyrgyzstan: US$200m
- Colombia: US$178m
- Taiwan: US$169m
- Malaysia: US$164m
- Greece: US$146m
- Mongolia: US$146m
- Sweden: US$142m
- Finland: US$133m
- Armenia: US$127m
- Germany: US$109m
- Philippines: US$105m
- Spain: US$103m
- Chile: US$79m
- Solomon Islands: US$76m
- Serbia: US$74m
- Vietnam: US$65m
- Cuba: US$55m
- Georgia: US$49m
- Morocco: US$48m
- Netherlands: US$42m
- Saudi Arabia: US$39m
- Laos: US$33m
- Poland: US$31m
- Myanmar (Burma): US$28m
- Zimbabwe: US$26m
- Tanzania: US$25m
- Portugal: US$24m
- Slovakia: US$24m
- India: US$14m
- Eritrea: US$14m
- Montenegro: US$12m
- China: US$10m
- Pakistan: US$10m
- Nigeria: US$8m
- Kenya: US$7m
- France: US$7m
- Honduras: US$6m
- South Korea: US$5m
- Algeria: US$3m
- Switzerland: US$2m
- Uganda: US$2m
- Belgium: US$2m
- Ireland: US$2m
Trade value (US$) no reported trade < US$130kUS$130k+US$31m+US$207m+> US$1bn
Imports: 96
- China: US$10bn
- Germany: US$2bn
- South Korea: US$1bn
- Philippines: US$620m
- Japan: US$606m
- United Kingdom: US$569m
- Finland: US$364m
- Taiwan: US$252m
- Belgium: US$207m
- Bulgaria: US$203m
- Switzerland: US$163m
- Peru: US$137m
- Kazakhstan: US$117m
- Canada: US$115m
- Malaysia: US$108m
- Mexico: US$80m
- Sweden: US$76m
- India: US$72m
- Uzbekistan: US$52m
- Australia: US$47m
- United Arab Emirates: US$36m
- Spain: US$31m
- Chile: US$31m
- Singapore: US$8m
- United States: US$6m
- Georgia: US$3m
- Niger: US$3m
- South Africa: US$3m
- Hong Kong SAR China: US$2m
- Italy: US$1m
- Netherlands: US$957k
- Austria: US$897k
- Mozambique: US$881k
- Russia: US$825k
- Kyrgyzstan: US$517k
- Indonesia: US$516k
- Denmark: US$380k
- Nigeria: US$347k
- Thailand: US$283k
- Czechia: US$264k
- Lithuania: US$261k
- Poland: US$194k
- Ghana: US$149k
- Cambodia: US$132k
- Latvia: US$130k
- Luxembourg: US$110k
- Norway: US$107k
- France: US$97k
- Portugal: US$85k
- Hungary: US$82k
- Saudi Arabia: US$70k
- Mongolia: US$70k
- Belarus: US$49k
- Argentina: US$40k
- Sri Lanka: US$37k
- Ireland: US$33k
- Dominican Republic: US$32k
- Türkiye: US$26k
- Panama: US$25k
- Romania: US$24k
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  Peru | US$2bn | 12.8% |
| 2 |  Russia | US$2bn | 11.6% |
| 3 |  Australia | US$2bn | 9.8% |
| 4 |  South Africa | US$1bn | 6.3% |
| 5 |  Indonesia | US$1bn | 6.2% |
| 6 |  Bolivia | US$960m | 5.6% |
| 7 |  Bulgaria | US$874m | 5.1% |
| 8 |  Mexico | US$852m | 5% |
| 9 |  Ecuador | US$816m | 4.8% |
| 10 |  Canada | US$622m | 3.6% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  China | US$10bn | 57.6% |
| 2 |  Germany | US$2bn | 12.9% |
| 3 |  South Korea | US$1bn | 6% |
| 4 |  Philippines | US$620m | 3.6% |
| 5 |  Japan | US$606m | 3.5% |
| 6 |  United Kingdom | US$569m | 3.3% |
| 7 |  Finland | US$364m | 2.1% |
| 8 |  Taiwan | US$252m | 1.5% |
| 9 |  Belgium | US$207m | 1.2% |
| 10 | Bulgaria | US$203m | 1.2% |
Recent rule changes mentioning this code
Acts whose text cites this code or its heading. Check the act itself: a code can be cited for reasons other than a change of its duty.
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Sanctions · Applies from: CELEX 32026R1848 · Source: eur-lex.europa.eu
In the UK Global Tariff, heading 2616 covers 3 tariff lines and the duty is duty-free.
The EU Combined Nomenclature divides heading 2616 into 2 tariff lines; the duty is duty-free.
In the Turkish Customs Tariff Schedule, heading 2616 covers 2 tariff lines and the duty is duty-free.
In the Harmonized Tariff Schedule of the United States all 2 lines under heading 2616 carry a specific or compound duty rather than a percentage.
World trade in heading 2616 goods reached US$17bn in 2024, up 26.6% on 2023.
Peru was the largest exporter with 12.8% of the total, ahead of Russia.
China imported the most (US$10bn).
The United Kingdom ranked 61st among 116 exporters with US$2m.
The United Kingdom imported US$569m.
Products classified here
Questions and answers
What is the HS code for precious-metal ores and concentrates?
Precious-metal ores and concentrates fall under HS heading 2616, part of chapter 26, in section V of the Harmonized System.
What is the import duty on precious-metal ores and concentrates in the UK?
Under the UK Global Tariff, imports under 2616 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.
What is the import duty on precious-metal ores and concentrates in the EU?
Under the EU Combined Nomenclature, imports under 2616 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.
Which country exports the most precious-metal ores and concentrates?
Peru, with US$2bn in 2024 (12.8% of world exports).