Heading · Chapter 71
7108: Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form
Heading 7108 is divided into 4 six-digit subheadings and sits in chapter 71, natural or cultured pearls, precious or semi-precious stones, precious metals….
Duty rates compared
EUSubheadings 4
- 7108.11Gold (including gold plated with platinum), unwrought: non-monetary, powder
- 7108.12Gold (including gold plated with platinum), unwrought: non-monetary, other unwrought formsUnwrought gold (non-monetary)
- 7108.13Gold (including gold plated with platinum), unwrought: non-monetary, other semi-manufactured formsSemi-manufactured gold (non-monetary)
- 7108.20Gold (including gold plated with platinum), unwrought: monetary
EU: imports by month
World trade in 2024
Trade value (US$) no reported trade < US$150mUS$150m+US$2bn+US$9bn+> US$30bn
Exports: 155
- Switzerland: US$106bn
- United Arab Emirates: US$58bn
- Canada: US$52bn
- Hong Kong SAR China: US$36bn
- Australia: US$30bn
- South Africa: US$29bn
- United States: US$23bn
- Japan: US$20bn
- Germany: US$16bn
- United Kingdom: US$15bn
- China: US$14bn
- Peru: US$13bn
- Russia: US$12bn
- Singapore: US$11bn
- Uzbekistan: US$10bn
- Kazakhstan: US$9bn
- Thailand: US$8bn
- Burkina Faso: US$8bn
- Mexico: US$8bn
- Kyrgyzstan: US$7bn
- Ghana: US$6bn
- Côte d’Ivoire: US$6bn
- Armenia: US$6bn
- Italy: US$5bn
- Tanzania: US$4bn
- Türkiye: US$4bn
- Uganda: US$4bn
- Spain: US$4bn
- Brazil: US$4bn
- Colombia: US$4bn
- Argentina: US$3bn
- Egypt: US$3bn
- France: US$3bn
- Philippines: US$3bn
- Papua New Guinea: US$3bn
- Zimbabwe: US$3bn
- Austria: US$2bn
- Saudi Arabia: US$2bn
- Mauritania: US$2bn
- Dominican Republic: US$2bn
- Belgium: US$1bn
- South Korea: US$1bn
- Nicaragua: US$1bn
- Sweden: US$1bn
- Chile: US$1bn
- Suriname: US$1bn
- Finland: US$1bn
- Indonesia: US$1bn
- Ecuador: US$1bn
- Malaysia: US$1bn
- Liberia: US$894m
- Mongolia: US$849m
- Taiwan: US$829m
- Senegal: US$824m
- Cambodia: US$814m
- Netherlands: US$776m
- Bolivia: US$759m
- Laos: US$725m
- Mali: US$704m
- New Zealand: US$612m
Trade value (US$) no reported trade < US$25mUS$25m+US$284m+US$6bn+> US$32bn
Imports: 169
- Switzerland: US$112bn
- United Kingdom: US$83bn
- Hong Kong SAR China: US$63bn
- China: US$63bn
- India: US$58bn
- United Arab Emirates: US$32bn
- United States: US$27bn
- Singapore: US$18bn
- Türkiye: US$15bn
- Thailand: US$14bn
- Italy: US$10bn
- Canada: US$10bn
- Saudi Arabia: US$8bn
- Australia: US$7bn
- France: US$6bn
- Germany: US$6bn
- Armenia: US$6bn
- Cambodia: US$5bn
- Azerbaijan: US$5bn
- Indonesia: US$4bn
- Malaysia: US$4bn
- South Africa: US$4bn
- Uganda: US$3bn
- Taiwan: US$3bn
- South Korea: US$2bn
- Austria: US$2bn
- Vietnam: US$1bn
- Spain: US$1bn
- Belgium: US$1bn
- Kuwait: US$1bn
- Lebanon: US$783m
- Georgia: US$703m
- Qatar: US$542m
- Kazakhstan: US$541m
- Japan: US$534m
- Iran: US$497m
- Oman: US$433m
- Netherlands: US$432m
- Jordan: US$407m
- Tajikistan: US$353m
- Bahrain: US$318m
- Czechia: US$284m
- Poland: US$252m
- Kyrgyzstan: US$238m
- Bangladesh: US$227m
- Bulgaria: US$222m
- Estonia: US$214m
- Slovenia: US$190m
- Croatia: US$187m
- Dominican Republic: US$183m
- Russia: US$180m
- Laos: US$174m
- Egypt: US$170m
- Bolivia: US$143m
- Hungary: US$136m
- Serbia: US$130m
- Israel: US$129m
- Slovakia: US$127m
- Mexico: US$121m
- Philippines: US$119m
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  Switzerland | US$106bn | 18.1% |
| 2 |  United Arab Emirates | US$58bn | 9.9% |
| 3 |  Canada | US$52bn | 8.9% |
| 4 |  Hong Kong SAR China | US$36bn | 6.1% |
| 5 |  Australia | US$30bn | 5.2% |
| 6 |  South Africa | US$29bn | 4.9% |
| 7 |  United States | US$23bn | 4% |
| 8 |  Japan | US$20bn | 3.4% |
| 9 |  Germany | US$16bn | 2.8% |
| 10 |  United Kingdom | US$15bn | 2.6% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | Switzerland | US$112bn | 19.1% |
| 2 | United Kingdom | US$83bn | 14.1% |
| 3 | Hong Kong SAR China | US$63bn | 10.7% |
| 4 |  China | US$63bn | 10.7% |
| 5 |  India | US$58bn | 10% |
| 6 | United Arab Emirates | US$32bn | 5.5% |
| 7 | United States | US$27bn | 4.7% |
| 8 |  Singapore | US$18bn | 3% |
| 9 |  Türkiye | US$15bn | 2.6% |
| 10 |  Thailand | US$14bn | 2.4% |
The UK Global Tariff divides heading 7108 into 5 tariff lines; the duty is duty-free.
In the EU Combined Nomenclature, heading 7108 covers 5 tariff lines and the duty is duty-free.
The Turkish Customs Tariff Schedule divides heading 7108 into 6 tariff lines; the duty is duty-free.
In the Harmonized Tariff Schedule of the United States, heading 7108 covers 7 tariff lines and the duty is between 0% and 4.1%. 5 of them are duty-free.
In 2024, countries exported heading 7108 goods worth US$588bn (+5.4% year on year).
The largest exporter was Switzerland (US$106bn), followed by the United Arab Emirates.
The biggest buyer was Switzerland, with imports of US$112bn.
The United Kingdom ranked 10th among 155 exporters with US$15bn.
The United Kingdom imported US$83bn.
Legal notes
Subheading notes
1. For the purposes of subheadings 710610, 710811, 711011, 711021, 711031 and 711041, the expressions ‘powder’ and ‘in powder form’ mean products of which 90 % or more by weight passes through a sieve having a mesh aperture of 0,5 mm.
2. Notwithstanding the provisions of chapter note 4(B), for the purposes of subheadings 711011 and 711019, the expression ‘platinum’ does not include iridium, osmium, palladium, rhodium or ruthenium.
3. For the classification of alloys in the subheadings of heading 7110, each alloy is to be classified with that metal, platinum, palladium, rhodium, iridium, osmium or ruthenium which predominates by weight over each other of these metals.
Products classified here
Questions and answers
What is the HS code for gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form?
Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form fall under HS heading 7108, part of chapter 71, in section XIV of the Harmonized System.
What is the import duty on gold (including gold plated with platinum)… in the UK?
Under the UK Global Tariff, imports under 7108 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 gold (including gold plated with platinum)… in the EU?
Under the EU Combined Nomenclature, imports under 7108 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 gold (including gold plated with platinum)…?
Switzerland, with US$106bn in 2024 (18.1% of world exports).