Subheading · Section XIV

7112.99: Waste and scrap of precious metal or of metal clad with: other, other

7112.99

Official description Other

  • FreeUK
  • FreeEU
  • 0%–5%Türkiye
  • FreeUSA
  • US$11.1bnWorld trade in 2024

7112.99 is a six-digit subheading of heading 7112, waste and scrap of precious metal or of metal clad with precious metal, chapter 71.

Subheading 7112.99 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 7112.99; the duty is duty-free.

In the Turkish Customs Tariff Schedule, subheading 7112.99 covers 2 tariff lines and the statutory rate is between 0% and 5%. 1 of them is duty-free.

The Harmonized Tariff Schedule of the United States has one tariff line for subheading 7112.99; the duty is duty-free.

World trade in these goods reached US$11.1bn in 2024, up 4.1% on 2023.

Indonesia was the largest exporter with 20.4% of the total, ahead of the United States.

Japan imported the most (US$2.3bn).

The United Kingdom ranked 8th among 139 exporters with US$389.6m; its largest buyer was Germany.

The United Kingdom imported US$864.4m, most of it from the United States.

Duty rates compared

UK Free Third-country duty 1 tariff line EU Free Third-country duty 1 tariff line Türkiye Free – 5% Statutory rate (Law 474) 2 tariff lines · average 2.5% USA Free General (MFN) 1 tariff line

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. 7112 99 00 00 Other Free

EU Combined Nomenclature

EU lines →
  1. 7112 99 00 Other Free—

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. 7112.99 Diğerleri:
  2. 7112.99.00.10.00 Gümüş külleri, döküntüleri ve artıkları 5%
  3. 7112.99.00.90.00 Diğerleri III. MÜCEVHERCİ EŞYASI, KUYUMCU EŞYASI VE DİĞER EŞYA Free

Harmonized Tariff Schedule of the United States

USA lines →
  1. 7112.99.01.00 Other Freeg

World trade in 2024

7112.99 · US$11.1bn

Trade value (US$) no reported trade < US$3.3mUS$3.3m+US$27.6m+US$210.6m+> US$569.7m

Exports: 139
  1. Indonesia: US$2.3bn
  2. United States: US$1.8bn
  3. Germany: US$859.9m
  4. Spain: US$787.4m
  5. Australia: US$569.7m
  6. Belgium: US$432.6m
  7. Switzerland: US$390.2m
  8. United Kingdom: US$389.6m
  9. France: US$382.8m
  10. Canada: US$375.9m
  11. Netherlands: US$271.6m
  12. Bulgaria: US$242.9m
  13. South Africa: US$223.8m
  14. Singapore: US$210.6m
  15. Poland: US$161.5m
  16. South Korea: US$108.2m
  17. Italy: US$101.5m
  18. Thailand: US$96.1m
  19. China: US$94.9m
  20. Japan: US$92m
  21. India: US$88.3m
  22. Brazil: US$78.6m
  23. Türkiye: US$73.2m
  24. Austria: US$73.1m
  25. Malaysia: US$69.5m
  26. Taiwan: US$67.9m
  27. Lithuania: US$67.9m
  28. United Arab Emirates: US$60.3m
  29. Sweden: US$55.1m
  30. Norway: US$47.7m
  31. Czechia: US$36.5m
  32. Mexico: US$31.7m
  33. Ghana: US$29.9m
  34. Saudi Arabia: US$27.9m
  35. Hong Kong SAR China: US$27.6m
  36. Egypt: US$27.5m
  37. Estonia: US$26.5m
  38. Finland: US$25.4m
  39. Denmark: US$24.2m
  40. Israel: US$23.4m
  41. Philippines: US$21.4m
  42. Ireland: US$20.9m
  43. Bosnia & Herzegovina: US$20.1m
  44. Oman: US$19.7m
  45. Slovakia: US$19.7m
  46. Nigeria: US$18.5m
  47. Zambia: US$15.6m
  48. Croatia: US$15m
  49. Vietnam: US$12m
  50. Jordan: US$11.5m
  51. Argentina: US$11.1m
  52. Romania: US$10.1m
  53. Greece: US$9.4m
  54. Hungary: US$9m
  55. Kazakhstan: US$8.4m
  56. Chile: US$7.5m
  57. Côte d’Ivoire: US$6.7m
  58. Qatar: US$5.8m
  59. Pakistan: US$5.6m
  60. Panama: US$5.2m

Top exporters

RankCountryValueShare
1 Indonesia US$2.3bn 20.4%
2 United States US$1.8bn 16%
3 Germany US$859.9m 7.7%
4 Spain US$787.4m 7.1%
5 Australia US$569.7m 5.1%
6 Belgium US$432.6m 3.9%
7 Switzerland US$390.2m 3.5%
8 United Kingdom US$389.6m 3.5%
9 France US$382.8m 3.4%
10 Canada US$375.9m 3.4%

Top importers

RankCountryValueShare
1 Japan US$2.3bn 20.3%
2 Italy US$1.8bn 16.5%
3 Germany US$1.7bn 15.3%
4 South Korea US$960.1m 8.6%
5 Belgium US$928.7m 8.3%
6 United Kingdom US$864.4m 7.8%
7 Canada US$625.1m 5.6%
8 United States US$468.6m 4.2%
9 Switzerland US$196.8m 1.8%
10 Malaysia US$152.3m 1.4%

Questions and answers

What is the HS code for waste and scrap of precious metal or of metal clad with: other, other?

Waste and scrap of precious metal or of metal clad with: other, other fall under HS subheading 7112.99, part of heading 7112, in section XIV of the Harmonized System.

What is the import duty on waste and scrap of precious metal or of metal… in the UK?

Under the UK Global Tariff, imports under 7112.99 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 waste and scrap of precious metal or of metal… in the EU?

Under the EU Combined Nomenclature, imports under 7112.99 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 waste and scrap of precious metal or of metal…?

Indonesia, with US$2.3bn in 2024 (20.4% of world exports).