Heading · Chapter 71
7110: Platinum, unwrought or in semi-manufactured forms, or in powder form
8 subheadings make up heading 7110 in chapter 71 (natural or cultured pearls, precious or semi-precious stones, precious metals…).
Duty rates compared
UK Free Third-country duty 9 tariff lines 
EU Free Third-country duty 9 tariff lines 
Türkiye Free Third-country duty 10 tariff lines 
USA Free General (MFN) 8 tariff lines 
Canada Free General (MFN) 8 tariff lines 
Mexico Free General (MFN) 8 tariff lines 
Brazil Free – 10.8% General (MFN) 9 tariff lines · average 6% 
Argentina Free – 10.8% General (MFN) 10 tariff lines · average 5.4% 
Peru Free General (MFN) 8 tariff lines 
New Zealand Free General (MFN) 15 tariff lines 
Japan Free General (MFN) 11 tariff lines 
Taiwan Free General (MFN) 8 tariff lines 
GCC Free General (MFN) 16 tariff lines 
Switzerland Free General (MFN) 8 tariff lines 
Norway Free General (MFN) 8 tariff lines 
North Macedonia Free – 7% General (MFN) 9 tariff lines · average 4.7% 
Nigeria 5% – 10% General (MFN) 8 tariff lines · average 7.5% Subheadings 8
- 7110.11Unwrought or in powder formUnwrought platinum
- 7110.19Platinum, unwrought or in semi-manufactured forms: platinum, otherSemi-manufactured platinum
- 7110.21Unwrought or in powder formUnwrought palladium
- 7110.29Platinum, unwrought or in semi-manufactured forms: palladium, otherSemi-manufactured palladium
- 7110.31Unwrought or in powder formUnwrought rhodium
- 7110.39Platinum, unwrought or in semi-manufactured forms: rhodium, other
- 7110.41Unwrought or in powder formUnwrought iridium, osmium, ruthenium
- 7110.49Iridium, osmium and ruthenium: other
EU: imports by month
World trade in 2024
Trade value (US$) no reported trade < US$4mUS$4m+US$75m+US$1.5bn+> US$4bn
Exports: 98
- South Africa: US$15.2bn
- United Kingdom: US$5.2bn
- Russia: US$4bn
- Germany: US$3.2bn
- United States: US$3.1bn
- Italy: US$2.5bn
- Belgium: US$2.4bn
- United Arab Emirates: US$1.8bn
- Switzerland: US$1.7bn
- Hong Kong SAR China: US$1.5bn
- Japan: US$1.5bn
- China: US$626m
- France: US$614m
- Thailand: US$520m
- South Korea: US$479m
- Armenia: US$450m
- Singapore: US$307m
- Taiwan: US$307m
- Norway: US$303m
- Canada: US$292m
- Austria: US$160m
- Spain: US$138m
- India: US$122m
- Australia: US$75m
- Tanzania: US$70m
- Costa Rica: US$64m
- Poland: US$48m
- Netherlands: US$46m
- Ireland: US$36m
- Mexico: US$35m
- Colombia: US$28m
- Czechia: US$24m
- Myanmar (Burma): US$16m
- Finland: US$16m
- Malaysia: US$16m
- Saudi Arabia: US$16m
- Sweden: US$13m
- Türkiye: US$11m
- Slovakia: US$10m
- Lithuania: US$9m
- Chile: US$6m
- Zimbabwe: US$6m
- Hungary: US$5m
- Bosnia & Herzegovina: US$4m
- Bulgaria: US$4m
- Luxembourg: US$4m
- Indonesia: US$4m
- Romania: US$3m
- Serbia: US$3m
- New Zealand: US$3m
- Ukraine: US$2m
- Lebanon: US$2m
- Uzbekistan: US$2m
- Egypt: US$2m
- Portugal: US$1m
- Vietnam: US$1m
- Greece: US$1m
- Philippines: US$927k
- Denmark: US$811k
- Israel: US$806k
Trade value (US$) no reported trade < US$498kUS$498k+US$24m+US$756m+> US$4.9bn
Imports: 130
- United States: US$7.4bn
- China: US$5.7bn
- Japan: US$5.4bn
- United Kingdom: US$4.9bn
- Germany: US$4.6bn
- Hong Kong SAR China: US$4bn
- Switzerland: US$2.8bn
- India: US$2.6bn
- Italy: US$2.1bn
- South Korea: US$1.3bn
- North Macedonia: US$1bn
- Canada: US$973m
- Brazil: US$756m
- Belgium: US$484m
- Poland: US$430m
- Armenia: US$426m
- France: US$303m
- Singapore: US$287m
- Taiwan: US$264m
- Ireland: US$195m
- Austria: US$149m
- Spain: US$138m
- Netherlands: US$100m
- Thailand: US$100m
- United Arab Emirates: US$86m
- Australia: US$81m
- Malaysia: US$80m
- Argentina: US$65m
- Norway: US$46m
- Costa Rica: US$29m
- Czechia: US$28m
- Mexico: US$24m
- Slovakia: US$20m
- South Africa: US$20m
- Sweden: US$17m
- Portugal: US$17m
- Vietnam: US$12m
- Finland: US$12m
- Bulgaria: US$10m
- Türkiye: US$10m
- Israel: US$9m
- Philippines: US$8m
- Denmark: US$5m
- Romania: US$4m
- Egypt: US$4m
- Indonesia: US$3m
- Lebanon: US$3m
- New Zealand: US$3m
- Hungary: US$3m
- Russia: US$2m
- Lithuania: US$2m
- Saudi Arabia: US$2m
- Greece: US$2m
- Croatia: US$2m
- Slovenia: US$1m
- Luxembourg: US$1m
- Dominican Republic: US$1m
- Georgia: US$996k
- Morocco: US$866k
- Qatar: US$765k
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  South Africa | US$15.2bn | 32.4% |
| 2 | United Kingdom | US$5.2bn | 11.2% |
| 3 |  Russia | US$4bn | 8.5% |
| 4 |  Germany | US$3.2bn | 6.9% |
| 5 | United States | US$3.1bn | 6.6% |
| 6 |  Italy | US$2.5bn | 5.2% |
| 7 |  Belgium | US$2.4bn | 5% |
| 8 |  United Arab Emirates | US$1.8bn | 3.7% |
| 9 | Switzerland | US$1.7bn | 3.6% |
| 10 |  Hong Kong SAR China | US$1.5bn | 3.2% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | United States | US$7.4bn | 15.9% |
| 2 |  China | US$5.7bn | 12.1% |
| 3 | Japan | US$5.4bn | 11.4% |
| 4 | United Kingdom | US$4.9bn | 10.4% |
| 5 | Germany | US$4.6bn | 9.9% |
| 6 | Hong Kong SAR China | US$4bn | 8.6% |
| 7 | Switzerland | US$2.8bn | 5.9% |
| 8 |  India | US$2.6bn | 5.4% |
| 9 | Italy | US$2.1bn | 4.4% |
| 10 |  South Korea | US$1.3bn | 2.7% |
In the UK Global Tariff, heading 7110 covers 9 tariff lines and the duty is duty-free.
The EU Combined Nomenclature divides heading 7110 into 9 tariff lines; the duty is duty-free.
In the Turkish Customs Tariff Schedule, heading 7110 covers 10 tariff lines and the duty is duty-free.
The Harmonized Tariff Schedule of the United States divides heading 7110 into 8 tariff lines; the duty is duty-free.
In the Customs Tariff of Canada, heading 7110 covers 8 tariff lines and the duty is duty-free.
The Mexican Tariff (TIGIE) divides heading 7110 into 8 tariff lines; the duty is duty-free.
In the Brazilian Tariff (NCM/TEC), heading 7110 covers 9 tariff lines and the duty is between 0% and 10.8%. 4 of them are duty-free.
The Argentine Tariff (NCM-SIM) divides heading 7110 into 10 tariff lines; the duty is between 0% and 10.8% (average 5.4%). 5 of them are duty-free.
In the Customs Tariff of Peru, heading 7110 covers 8 tariff lines and the duty is duty-free.
The Working Tariff Document of New Zealand divides heading 7110 into 15 tariff lines; the duty is duty-free.
In the Customs Tariff Schedules of Japan, heading 7110 covers 11 tariff lines and the duty is duty-free.
The Customs Import Tariff of Taiwan divides heading 7110 into 8 tariff lines; the duty is duty-free.
In the GCC Common Customs Tariff, heading 7110 covers 16 tariff lines and the duty is duty-free.
The Swiss Customs Tariff (Tares) divides heading 7110 into 8 tariff lines; the duty is duty-free.
In the Customs Tariff of Norway, heading 7110 covers 8 tariff lines and the duty is duty-free.
The Customs Tariff of North Macedonia divides heading 7110 into 9 tariff lines; the duty is between 0% and 7% (average 4.7%). 3 of them are duty-free.
In the ECOWAS Common External Tariff (Nigeria), heading 7110 covers 8 tariff lines and the duty is between 5% and 10%.
World trade in heading 7110 goods reached US$47bn in 2024, down 6.8% on 2023.
South Africa was the largest exporter with 32.4% of the total, ahead of the United Kingdom.
The United States imported the most (US$7.4bn).
The United Kingdom ranked 2nd among 98 exporters with US$5.2bn.
The United Kingdom imported US$4.9bn.
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 platinum, unwrought or in semi-manufactured forms, or in powder form?
Platinum, unwrought or in semi-manufactured forms, or in powder form fall under HS heading 7110, part of chapter 71, in section XIV of the Harmonized System.
What is the import duty on platinum, unwrought or in semi-manufactured… in the UK?
Under the UK Global Tariff, imports under 7110 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 platinum, unwrought or in semi-manufactured… in the EU?
Under the EU Combined Nomenclature, imports under 7110 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 platinum, unwrought or in semi-manufactured…?
South Africa, with US$15.2bn in 2024 (32.4% of world exports).