Subheading · Section XIV

7103.99: Precious stones: otherwise worked, other

7103.99

Official description Other

  • FreeUK
  • FreeEU
  • 10%Türkiye
  • 0%–10.5%USA
  • US$2.1bnWorld trade in 2024

7103.99 is a six-digit subheading of heading 7103, precious stones, chapter 71.

Subheading 7103.99 is a single line in the UK Global Tariff, where the duty is duty-free.

The EU Combined Nomenclature has one tariff line for subheading 7103.99; the duty is duty-free.

In the Turkish Customs Tariff Schedule, subheading 7103.99 covers 2 tariff lines and the statutory rate is 10%.

The Harmonized Tariff Schedule of the United States divides subheading 7103.99 into 2 tariff lines; the duty is between 0% and 10.5% (average 5.3%). 1 of them is duty-free.

World trade in these goods reached US$2.1bn in 2024, down 38.6% on 2023.

Thailand was the largest exporter with 15.2% of the total, ahead of India.

The United States imported the most (US$536.7m).

The United Kingdom ranked 22nd among 150 exporters with US$18m; its largest buyer was Hong Kong SAR China.

The United Kingdom imported US$25.1m, most of it from Germany.

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.

UK Global Tariff

UK lines →
  1. 7103 99 00 00 Other Freeg

EU Combined Nomenclature

EU lines →
  1. 7103 99 00 Other Freeg

Turkish Customs Tariff Schedule

Türkiye lines →

This line has no official text in this language; it is shown in the language of its tariff.

  1. 7103.99 Diğerleri
  2. 7103.99.00.00.11 Akik taşları 10%Gram
  3. 7103.99.00.00.19 Diğerleri 10%Gram

Harmonized Tariff Schedule of the United States

USA lines →
  1. 7103.99 Other:
  2. 7103.99.10.00 Cut but not set, and suitable for use in the manufacture of jewelry Freecarat
  3. 7103.99.50.00 Other 10.5%carat

Special: reduced rates under trade agreements and preference programmes; the letters in brackets name the programmes (for example AU = Australia FTA, KR = Korea FTA).

World trade in 2024

7103.99 · US$2.1bn

Trade value (US$) no reported trade < US$122.1kUS$122.1k+US$3.4m+US$35m+> US$156.4m

Exports: 150
  1. Thailand: US$316m
  2. India: US$249.3m
  3. United States: US$214.3m
  4. Hong Kong SAR China: US$200.9m
  5. Germany: US$156.4m
  6. Brazil: US$101m
  7. China: US$90.7m
  8. Switzerland: US$77.8m
  9. Israel: US$73.9m
  10. Mozambique: US$68.8m
  11. Madagascar: US$61.2m
  12. France: US$46.3m
  13. Italy: US$44.4m
  14. Tanzania: US$42.8m
  15. Australia: US$35m
  16. Sri Lanka: US$31.3m
  17. Armenia: US$23.2m
  18. Colombia: US$22.9m
  19. Myanmar (Burma): US$20.7m
  20. Singapore: US$19.8m
  21. United Arab Emirates: US$19.6m
  22. United Kingdom: US$18m
  23. Nigeria: US$15.1m
  24. Uruguay: US$13.7m
  25. Japan: US$12.8m
  26. Vietnam: US$10.6m
  27. Belgium: US$9.8m
  28. Zambia: US$9.4m
  29. South Africa: US$6.4m
  30. Canada: US$6.1m
  31. Türkiye: US$5m
  32. Malaysia: US$4.5m
  33. Taiwan: US$3.9m
  34. Romania: US$3.7m
  35. Poland: US$3.4m
  36. Pakistan: US$3.4m
  37. Czechia: US$3.2m
  38. Ethiopia: US$2.8m
  39. Russia: US$2.4m
  40. Mexico: US$2.3m
  41. Kenya: US$1.6m
  42. Indonesia: US$1.5m
  43. Spain: US$1.5m
  44. Austria: US$1.2m
  45. Morocco: US$1.1m
  46. New Zealand: US$1m
  47. Moldova: US$936.3k
  48. Congo - Kinshasa: US$867.2k
  49. Afghanistan: US$845.6k
  50. Portugal: US$657.5k
  51. Tajikistan: US$639.7k
  52. South Korea: US$614.8k
  53. Kazakhstan: US$535.9k
  54. Estonia: US$502.3k
  55. Bolivia: US$495.6k
  56. Peru: US$463.3k
  57. Kuwait: US$393k
  58. Cambodia: US$377.3k
  59. Eswatini: US$327.6k
  60. Netherlands: US$318.7k

Top exporters

RankCountryValueShare
1 Thailand US$316m 15.2%
2 India US$249.3m 12%
3 United States US$214.3m 10.3%
4 Hong Kong SAR China US$200.9m 9.7%
5 Germany US$156.4m 7.5%
6 Brazil US$101m 4.9%
7 China US$90.7m 4.4%
8 Switzerland US$77.8m 3.8%
9 Israel US$73.9m 3.6%
10 Mozambique US$68.8m 3.3%

Top importers

RankCountryValueShare
1 United States US$536.7m 25.9%
2 Hong Kong SAR China US$444.7m 21.4%
3 Thailand US$245.3m 11.8%
4 Switzerland US$104.9m 5.1%
5 France US$98.9m 4.8%
6 Italy US$98.1m 4.7%
7 China US$84.8m 4.1%
8 Germany US$65.8m 3.2%
9 Japan US$55.1m 2.7%
10 Israel US$53.2m 2.6%

Questions and answers

What is the HS code for precious stones: otherwise worked, other?

Precious stones: otherwise worked, other fall under HS subheading 7103.99, part of heading 7103, in section XIV of the Harmonized System.

What is the import duty on precious stones: otherwise worked, other in the UK?

Under the UK Global Tariff, imports under 7103.99 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: otherwise worked, other in the EU?

Under the EU Combined Nomenclature, imports under 7103.99 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: otherwise worked, other?

Thailand, with US$316m in 2024 (15.2% of world exports).