Heading · Chapter 71
7103: Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport
3 subheadings make up heading 7103 in chapter 71 (natural or cultured pearls, precious or semi-precious stones, precious metals…).
Duty rates compared
EU
TürkiyeSubheadings 3
EU: imports by month
World trade in 2024
Trade value (US$) no reported trade < US$565.3kUS$565.3k+US$6.9m+US$194.6m+> US$651.7m
Exports: 160
- United States: US$1.4bn
- Thailand: US$1.2bn
- Switzerland: US$781.6m
- Hong Kong SAR China: US$767m
- India: US$651.7m
- Sri Lanka: US$379m
- Mozambique: US$360.2m
- Zambia: US$331.3m
- France: US$327.7m
- China: US$224.2m
- Germany: US$223.5m
- Israel: US$221.1m
- Colombia: US$215.1m
- Myanmar (Burma): US$209.7m
- Brazil: US$205.8m
- Singapore: US$194.6m
- Italy: US$181.4m
- Madagascar: US$176m
- United Kingdom: US$169.6m
- United Arab Emirates: US$146.4m
- Tanzania: US$89m
- Uruguay: US$84.9m
- Japan: US$59.1m
- Australia: US$47.8m
- Belgium: US$43.8m
- Armenia: US$37m
- South Africa: US$36.9m
- Nigeria: US$26.9m
- Russia: US$24.2m
- Canada: US$21.3m
- Malaysia: US$15.4m
- Vietnam: US$13.8m
- Taiwan: US$13m
- South Korea: US$12.4m
- Kenya: US$10.4m
- Pakistan: US$9.6m
- Ethiopia: US$8.8m
- Philippines: US$6.9m
- Türkiye: US$6.9m
- Mongolia: US$6.5m
- Austria: US$6.4m
- Mexico: US$6.3m
- Afghanistan: US$6.2m
- Czechia: US$5.4m
- Spain: US$4.3m
- Netherlands: US$4.2m
- Brunei: US$4m
- Kazakhstan: US$3.9m
- Romania: US$3.7m
- Guatemala: US$3.6m
- Poland: US$3.5m
- Kyrgyzstan: US$2.8m
- Morocco: US$2.8m
- Congo - Kinshasa: US$2.5m
- Indonesia: US$2.4m
- Kuwait: US$2.2m
- Dominican Republic: US$2.1m
- Peru: US$2m
- Argentina: US$1.7m
- Greenland: US$1.6m
Trade value (US$) no reported trade < US$224.8kUS$224.8k+US$2.1m+US$24.4m+> US$475.6m
Imports: 172
- Hong Kong SAR China: US$2.1bn
- United States: US$2bn
- Thailand: US$915m
- Switzerland: US$871.4m
- France: US$639.8m
- China: US$475.6m
- India: US$382.3m
- Italy: US$329.1m
- United Arab Emirates: US$233.4m
- United Kingdom: US$184.9m
- Singapore: US$159.5m
- Germany: US$140.7m
- Japan: US$108.8m
- Israel: US$91.7m
- Belgium: US$60.4m
- Australia: US$51.3m
- Russia: US$35.3m
- Armenia: US$24.4m
- Taiwan: US$21.3m
- Sri Lanka: US$20.7m
- Canada: US$20.2m
- Malaysia: US$16.3m
- Spain: US$12.9m
- Brazil: US$12m
- Netherlands: US$11.7m
- Qatar: US$11.4m
- South Korea: US$10.1m
- Austria: US$9.3m
- Vietnam: US$8.5m
- South Africa: US$8.3m
- Zambia: US$6.7m
- Türkiye: US$6m
- Poland: US$5.5m
- New Zealand: US$5.2m
- Czechia: US$5m
- British Virgin Islands: US$3.6m
- Mozambique: US$3.5m
- Mexico: US$3.4m
- Denmark: US$3.2m
- Lebanon: US$2.8m
- Kuwait: US$2.7m
- Romania: US$2.6m
- Portugal: US$2.1m
- Greece: US$2.1m
- Pakistan: US$1.9m
- Indonesia: US$1.8m
- Bahrain: US$1.8m
- Ireland: US$1.7m
- Lithuania: US$1.6m
- Macao SAR China: US$1.5m
- Slovenia: US$1.5m
- Colombia: US$1.3m
- Kazakhstan: US$1.3m
- Sweden: US$1.2m
- Kyrgyzstan: US$1m
- Mauritius: US$1m
- Hungary: US$1m
- Slovakia: US$986.8k
- Sint Maarten: US$929.7k
- Norway: US$868.6k
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  United States | US$1.4bn | 15.2% |
| 2 |  Thailand | US$1.2bn | 13.6% |
| 3 |  Switzerland | US$781.6m | 8.6% |
| 4 |  Hong Kong SAR China | US$767m | 8.5% |
| 5 |  India | US$651.7m | 7.2% |
| 6 |  Sri Lanka | US$379m | 4.2% |
| 7 |  Mozambique | US$360.2m | 4% |
| 8 |  Zambia | US$331.3m | 3.7% |
| 9 |  France | US$327.7m | 3.6% |
| 10 |  China | US$224.2m | 2.5% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | Hong Kong SAR China | US$2.1bn | 23.6% |
| 2 | United States | US$2bn | 21.7% |
| 3 | Thailand | US$915m | 10.1% |
| 4 | Switzerland | US$871.4m | 9.6% |
| 5 | France | US$639.8m | 7.1% |
| 6 | China | US$475.6m | 5.3% |
| 7 | India | US$382.3m | 4.2% |
| 8 |  Italy | US$329.1m | 3.6% |
| 9 |  United Arab Emirates | US$233.4m | 2.6% |
| 10 |  United Kingdom | US$184.9m | 2% |
In the UK Global Tariff, heading 7103 covers 3 tariff lines and the duty is duty-free.
The EU Combined Nomenclature divides heading 7103 into 3 tariff lines; the duty is duty-free.
In the Turkish Customs Tariff Schedule, heading 7103 covers 9 tariff lines and the duty is duty-free.
The Harmonized Tariff Schedule of the United States divides heading 7103 into 5 tariff lines; the duty is between 0% and 10.5% (average 4.2%). 3 of them are duty-free.
World trade in heading 7103 goods reached US$9.1bn in 2024, down 16.7% on 2023.
The United States was the largest exporter with 15.2% of the total, ahead of Thailand.
Hong Kong SAR China imported the most (US$2.1bn).
The United Kingdom ranked 19th among 160 exporters with US$169.6m.
The United Kingdom imported US$184.9m.
Products classified here
Questions and answers
What is the HS code for precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport?
Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport fall under HS heading 7103, part of chapter 71, in section XIV of the Harmonized System.
What is the import duty on precious stones in the UK?
Under the UK Global Tariff, imports under 7103 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 stones in the EU?
Under the EU Combined Nomenclature, imports under 7103 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 stones?
The United States, with US$1.4bn in 2024 (15.2% of world exports).