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$4.5mUS$4.5m+US$105.4m+US$471.6m+> US$1.1bn
Exports: 116
- Peru: US$2.2bn
- Russia: US$2bn
- Australia: US$1.7bn
- South Africa: US$1.1bn
- Indonesia: US$1.1bn
- Bolivia: US$960.4m
- Bulgaria: US$873.5m
- Mexico: US$851.8m
- Ecuador: US$816.4m
- Canada: US$622.1m
- Papua New Guinea: US$471.6m
- Argentina: US$414.6m
- Brazil: US$412.2m
- United States: US$343.4m
- Kazakhstan: US$332.3m
- Türkiye: US$245.9m
- Tajikistan: US$210.7m
- Kyrgyzstan: US$199.6m
- Colombia: US$177.9m
- Taiwan: US$168.9m
- Malaysia: US$163.5m
- Greece: US$146.4m
- Mongolia: US$146m
- Sweden: US$141.6m
- Finland: US$133.5m
- Armenia: US$126.9m
- Germany: US$108.6m
- Philippines: US$105.4m
- Spain: US$102.7m
- Chile: US$78.5m
- Solomon Islands: US$75.7m
- Serbia: US$74.4m
- Vietnam: US$65m
- Cuba: US$55m
- Georgia: US$48.7m
- Morocco: US$48.3m
- Netherlands: US$41.9m
- Saudi Arabia: US$39m
- Laos: US$33.2m
- Poland: US$31.5m
- Myanmar (Burma): US$27.6m
- Zimbabwe: US$25.7m
- Tanzania: US$24.7m
- Portugal: US$24.2m
- Slovakia: US$24.1m
- India: US$14.4m
- Eritrea: US$13.8m
- Montenegro: US$12.3m
- China: US$10.3m
- Pakistan: US$9.6m
- Nigeria: US$8.3m
- Kenya: US$7.3m
- France: US$6.8m
- Honduras: US$6.3m
- South Korea: US$4.5m
- Algeria: US$3.1m
- Switzerland: US$2.4m
- Uganda: US$2.1m
- Belgium: US$2.1m
- Ireland: US$1.9m
Trade value (US$) no reported trade < US$129.5kUS$129.5k+US$30.5m+US$207.1m+> US$1bn
Imports: 96
- China: US$9.8bn
- Germany: US$2.2bn
- South Korea: US$1bn
- Philippines: US$619.5m
- Japan: US$606.4m
- United Kingdom: US$569.2m
- Finland: US$364m
- Taiwan: US$251.5m
- Belgium: US$207.1m
- Bulgaria: US$203.2m
- Switzerland: US$162.8m
- Peru: US$136.6m
- Kazakhstan: US$117.5m
- Canada: US$115.3m
- Malaysia: US$108.3m
- Mexico: US$80.4m
- Sweden: US$76.4m
- India: US$71.7m
- Uzbekistan: US$52.2m
- Australia: US$46.6m
- United Arab Emirates: US$36m
- Spain: US$30.7m
- Chile: US$30.5m
- Singapore: US$8.2m
- United States: US$6.2m
- Georgia: US$3.2m
- Niger: US$3.1m
- South Africa: US$2.7m
- Hong Kong SAR China: US$2.5m
- Italy: US$1.2m
- Netherlands: US$957.1k
- Austria: US$896.5k
- Mozambique: US$881.4k
- Russia: US$824.7k
- Kyrgyzstan: US$516.6k
- Indonesia: US$515.7k
- Denmark: US$379.7k
- Nigeria: US$347.4k
- Thailand: US$282.6k
- Czechia: US$263.5k
- Lithuania: US$261k
- Poland: US$194.1k
- Ghana: US$148.7k
- Cambodia: US$132k
- Latvia: US$129.5k
- Luxembourg: US$110.2k
- Norway: US$107.4k
- France: US$96.9k
- Portugal: US$85k
- Hungary: US$82.1k
- Saudi Arabia: US$70.3k
- Mongolia: US$69.9k
- Belarus: US$49k
- Argentina: US$40.2k
- Sri Lanka: US$36.5k
- Ireland: US$33.4k
- Dominican Republic: US$32k
- Türkiye: US$26.1k
- Panama: US$25.3k
- Romania: US$24.4k
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  Peru | US$2.2bn | 12.8% |
| 2 |  Russia | US$2bn | 11.6% |
| 3 |  Australia | US$1.7bn | 9.8% |
| 4 |  South Africa | US$1.1bn | 6.3% |
| 5 |  Indonesia | US$1.1bn | 6.2% |
| 6 |  Bolivia | US$960.4m | 5.6% |
| 7 |  Bulgaria | US$873.5m | 5.1% |
| 8 |  Mexico | US$851.8m | 5% |
| 9 |  Ecuador | US$816.4m | 4.8% |
| 10 |  Canada | US$622.1m | 3.6% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  China | US$9.8bn | 57.6% |
| 2 |  Germany | US$2.2bn | 12.9% |
| 3 |  South Korea | US$1bn | 6% |
| 4 |  Philippines | US$619.5m | 3.6% |
| 5 |  Japan | US$606.4m | 3.5% |
| 6 |  United Kingdom | US$569.2m | 3.3% |
| 7 |  Finland | US$364m | 2.1% |
| 8 |  Taiwan | US$251.5m | 1.5% |
| 9 |  Belgium | US$207.1m | 1.2% |
| 10 | Bulgaria | US$203.2m | 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$17.1bn 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$9.8bn).
The United Kingdom ranked 61st among 116 exporters with US$1.9m.
The United Kingdom imported US$569.2m.
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$2.2bn in 2024 (12.8% of world exports).