Subheading · Section XIV

7114.11: Of silver, whether or not plated or clad with other precious metal

7114.11
  • 2%UK
  • 2%EU
  • 20%Türkiye
  • 2.7%–3.5%USA
  • US$292.1mWorld trade in 2024

7114.11 is a six-digit subheading of heading 7114, articles of goldsmiths' or silversmiths' wares and parts thereof, of precious…, chapter 71.

Subheading 7114.11 is a single line in the UK Global Tariff, where the duty is 2%.

The EU Combined Nomenclature has one tariff line for subheading 7114.11; the duty is 2%.

Subheading 7114.11 is a single line in the Turkish Customs Tariff Schedule, where the statutory rate is 20%.

The Harmonized Tariff Schedule of the United States divides subheading 7114.11 into 8 tariff lines; the duty is between 2.7% and 3.5% (average 3.1%).

World trade in these goods reached US$292.1m in 2024, down 27.5% on 2023.

Italy was the largest exporter with 17.2% of the total, ahead of Türkiye.

The United States imported the most (US$52.9m).

The United Kingdom ranked 5th among 104 exporters with US$20.7m; its largest buyer was Switzerland.

The United Kingdom imported US$7.6m, most of it from France.

Duty rates compared

UK 2% Third-country duty 1 tariff line EU 2% Third-country duty 1 tariff line Türkiye 20% Statutory rate (Law 474) 1 tariff line USA 2.7% – 3.5% General (MFN) 8 tariff lines · average 3.1%

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. 7114 11 00 00 Of silver, whether or not plated or clad with other precious metal 2%g

EU Combined Nomenclature

EU lines →
  1. 7114 11 00 Of silver, whether or not plated or clad with other precious metal 2%g

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. 7114.11.00.00.00 Gümüşten olanlar (diğer kıymetli metallerle kaplanmış veya yaldızlanmış olsun olmasın) 20%Gram

Harmonized Tariff Schedule of the United States

USA lines →
  1. 7114.11 Of silver, whether or not plated or clad with other precious metal:
  2. 7114.11.10.00 Knives with silver handles 2.8%No.
  3. 7114.11.20.00 Forks with silver handles 2.7%No.
  4. Spoons and ladles:
  5. 7114.11.30.00 With sterling silver handles 3.3%No.
  6. 7114.11.40.00 Other 3.5%No.
  7. 7114.11.45.00 Sets of the foregoing which include two or more knives, forks, spoons or ladles 3%pcs
  8. Articles not elsewhere specified or included of a type used for household, table or kitchen use; toilet and sanitary wares; all the foregoing and parts thereof, of silver:
  9. 7114.11.50.00 Sterling silver tableware 3.3%g
  10. 7114.11.60.00 Other 3%g
  11. 7114.11.70.00 Other 3%g

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

7114.11 · US$292.1m

Trade value (US$) no reported trade < US$76.8kUS$76.8k+US$1.5m+US$9.5m+> US$25m

Exports: 104
  1. Italy: US$50.1m
  2. Türkiye: US$36.4m
  3. China: US$25m
  4. Netherlands: US$20.7m
  5. United Kingdom: US$20.7m
  6. Estonia: US$17.4m
  7. France: US$15.4m
  8. Sweden: US$14m
  9. India: US$11.5m
  10. Germany: US$9.5m
  11. United States: US$8.9m
  12. Indonesia: US$8.7m
  13. Israel: US$8.6m
  14. Bulgaria: US$6.5m
  15. United Arab Emirates: US$4.5m
  16. Thailand: US$3.7m
  17. Portugal: US$3.1m
  18. Japan: US$2.8m
  19. Albania: US$2.3m
  20. Poland: US$2.1m
  21. Switzerland: US$2m
  22. Denmark: US$1.9m
  23. Singapore: US$1.7m
  24. Malaysia: US$1.6m
  25. Saudi Arabia: US$1.5m
  26. Norway: US$1.1m
  27. Taiwan: US$1.1m
  28. Canada: US$1.1m
  29. Spain: US$941.3k
  30. Greece: US$764.2k
  31. Hong Kong SAR China: US$626.9k
  32. Belgium: US$530.3k
  33. Australia: US$435.3k
  34. Austria: US$433.6k
  35. Mauritius: US$428.2k
  36. Czechia: US$421.9k
  37. Finland: US$391.5k
  38. Luxembourg: US$359.2k
  39. Mexico: US$315.1k
  40. New Zealand: US$272.7k
  41. South Korea: US$219.1k
  42. Egypt: US$192.1k
  43. Zimbabwe: US$172.3k
  44. Ireland: US$153.1k
  45. Russia: US$149.9k
  46. South Africa: US$144.1k
  47. Dominican Republic: US$127.1k
  48. Romania: US$95.2k
  49. Vietnam: US$80.6k
  50. Peru: US$76.8k
  51. Myanmar (Burma): US$64.4k
  52. Ukraine: US$61.4k
  53. Nepal: US$57.2k
  54. Hungary: US$56.2k
  55. Bahrain: US$55.7k
  56. Slovakia: US$48.9k
  57. Brazil: US$45.7k
  58. Lithuania: US$45.6k
  59. Macao SAR China: US$42.2k
  60. Azerbaijan: US$35.3k

Top exporters

RankCountryValueShare
1 Italy US$50.1m 17.2%
2 Türkiye US$36.4m 12.5%
3 China US$25m 8.6%
4 Netherlands US$20.7m 7.1%
5 United Kingdom US$20.7m 7.1%
6 Estonia US$17.4m 6%
7 France US$15.4m 5.3%
8 Sweden US$14m 4.8%
9 India US$11.5m 3.9%
10 Germany US$9.5m 3.3%

Top importers

RankCountryValueShare
1 United States US$52.9m 18.1%
2 Switzerland US$32.7m 11.2%
3 Israel US$30.3m 10.4%
4 Sweden US$15.1m 5.2%
5 United Arab Emirates US$14.4m 4.9%
6 Türkiye US$12.9m 4.4%
7 Germany US$10.5m 3.6%
8 Estonia US$8.9m 3.1%
9 New Zealand US$8.5m 2.9%
10 United Kingdom US$7.6m 2.6%

Products classified here

Questions and answers

What is the HS code for of silver, whether or not plated or clad with other precious metal?

Of silver, whether or not plated or clad with other precious metal fall under HS subheading 7114.11, part of heading 7114, in section XIV of the Harmonized System.

What is the import duty on of silver, whether or not plated or clad with… in the UK?

Under the UK Global Tariff, imports under 7114.11 from countries without a preferential agreement are charged at 2%. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on of silver, whether or not plated or clad with… in the EU?

Under the EU Combined Nomenclature, imports under 7114.11 from countries without a preferential agreement are charged at 2%. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most of silver, whether or not plated or clad with…?

Italy, with US$50.1m in 2024 (17.2% of world exports).