Chapter · Section XIV

Chapter 71: Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

71
  • 0%–4%UK
  • 0%–4%EU
  • 0%–200%Türkiye
  • 0%–13.5%USA
  • US$935.9bnWorld trade in 2024

Chapter 71 of the Harmonized System has 18 headings and belongs to section XIV (natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin).

The UK Global Tariff divides chapter 71 into 59 tariff lines; the duty is between 0% and 4% (average 0.6%). 44 of them are duty-free.

In the EU Combined Nomenclature, chapter 71 covers 58 tariff lines and the duty is between 0% and 4%. 47 of them are duty-free.

The Turkish Customs Tariff Schedule divides chapter 71 into 101 tariff lines; the statutory rate is between 0% and 200% (average 25%). 22 of them are duty-free.

In 2024, countries exported chapter 71 goods worth US$935.9bn (+1% year on year).

The largest exporter was Switzerland (US$124.6bn), followed by the United Arab Emirates.

The biggest buyer was Switzerland, with imports of US$132.2bn.

Duty rates compared

The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.

Headings 18

World trade in 2024

71 · US$935.9bn

Trade value (US$) no reported trade < US$102.1mUS$102.1m+US$1.5bn+US$9.9bn+> US$38.8bn

Exports: 222
  1. Switzerland: US$124.6bn
  2. United Arab Emirates: US$75.3bn
  3. Canada: US$57.9bn
  4. United States: US$53bn
  5. Hong Kong SAR China: US$51.5bn
  6. South Africa: US$51.5bn
  7. China: US$38.8bn
  8. Australia: US$32.9bn
  9. India: US$32.6bn
  10. United Kingdom: US$29.7bn
  11. Germany: US$27bn
  12. Italy: US$26.8bn
  13. Japan: US$26.4bn
  14. France: US$20.7bn
  15. Russia: US$18.8bn
  16. Thailand: US$17.5bn
  17. Singapore: US$15.5bn
  18. Belgium: US$14.7bn
  19. Türkiye: US$13.8bn
  20. Peru: US$13.5bn
  21. Mexico: US$12bn
  22. Uzbekistan: US$9.9bn
  23. Kazakhstan: US$9.8bn
  24. Indonesia: US$9.2bn
  25. Burkina Faso: US$8.3bn
  26. Armenia: US$8.1bn
  27. Kyrgyzstan: US$7.2bn
  28. Israel: US$6.9bn
  29. Spain: US$6.4bn
  30. Ghana: US$5.9bn
  31. Côte d’Ivoire: US$5.9bn
  32. South Korea: US$5.8bn
  33. Tanzania: US$5.1bn
  34. Brazil: US$4.6bn
  35. Uganda: US$4.2bn
  36. Colombia: US$4.1bn
  37. Philippines: US$4.1bn
  38. Malaysia: US$3.7bn
  39. Argentina: US$3.6bn
  40. Egypt: US$3.4bn
  41. Angola: US$3.4bn
  42. Austria: US$3.2bn
  43. Zimbabwe: US$2.9bn
  44. Saudi Arabia: US$2.8bn
  45. Botswana: US$2.8bn
  46. Papua New Guinea: US$2.7bn
  47. Taiwan: US$2.5bn
  48. Netherlands: US$2.4bn
  49. Poland: US$2.3bn
  50. Sweden: US$2.2bn
  51. Dominican Republic: US$2bn
  52. Chile: US$1.8bn
  53. Mauritania: US$1.6bn
  54. Finland: US$1.5bn
  55. Nicaragua: US$1.5bn
  56. Suriname: US$1.3bn
  57. Bolivia: US$1.2bn
  58. Ecuador: US$1.2bn
  59. Jordan: US$1.1bn
  60. Cambodia: US$1bn

Top exporters

RankCountryValueShare
1 Switzerland US$124.6bn 13.3%
2 United Arab Emirates US$75.3bn 8%
3 Canada US$57.9bn 6.2%
4 United States US$53bn 5.7%
5 Hong Kong SAR China US$51.5bn 5.5%
6 South Africa US$51.5bn 5.5%
7 China US$38.8bn 4.1%
8 Australia US$32.9bn 3.5%
9 India US$32.6bn 3.5%
10 United Kingdom US$29.7bn 3.2%

Top importers

RankCountryValueShare
1 Switzerland US$132.2bn 14.1%
2 Hong Kong SAR China US$109bn 11.6%
3 United Kingdom US$98.3bn 10.5%
4 India US$85.1bn 9.1%
5 United States US$83.9bn 9%
6 China US$77.9bn 8.3%
7 United Arab Emirates US$61.5bn 6.6%
8 Singapore US$24.6bn 2.6%
9 Türkiye US$22.9bn 2.4%
10 Italy US$20bn 2.1%

Chapter notes

Notes
Subheading notes

Questions and answers

What is the HS code for natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin?

Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin make up HS chapter 71, in section XIV of the Harmonized System.

What is the import duty on natural or cultured pearls, precious or… in the UK?

Under the UK Global Tariff, imports under 71 from countries without a preferential agreement are charged at 0% to 4%, depending on the line. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on natural or cultured pearls, precious or… in the EU?

Under the EU Combined Nomenclature, imports under 71 from countries without a preferential agreement are charged at 0% to 4%, depending on the line. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most natural or cultured pearls, precious or…?

Switzerland, with US$124.6bn in 2024 (13.3% of world exports).