Heading · Chapter 71

7118

7118: Coin

2 subheadings make up heading 7118 in chapter 71 (natural or cultured pearls, precious or semi-precious stones, precious metals…).

Duty rates compared

Subheadings 2

EU: imports by month

last 12 months€3.3bn+36.6% · previous 12 months
Average import price€1,298.92 per kg
Jan 2024: €178.9mFeb 2024: €150mMar 2024: €89.4mApr 2024: €76.1mMay 2024: €105.7mJun 2024: €96.6mJul 2024: €70.1mAug 2024: €122.1mSept 2024: €105.8mOct 2024: €318.1mNov 2024: €177.7mDec 2024: €172.1mJan 2025: €267.8mFeb 2025: €158.3mMar 2025: €258.2mApr 2025: €242mMay 2025: €196.3mJun 2025: €163.1mJul 2025: €202.6mAug 2025: €163.3mSept 2025: €248.2mOct 2025: €415.1mNov 2025: €266mDec 2025: €274.8mJan 2026: €449.5mFeb 2026: €412.3mMar 2026: €247.1mApr 2026: €330.5mMay 2026: €156.8mJun 2026: €169.3mJul 2026: €166.5mAug 2026: €177.2m 202420252026
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

World trade in 2024

7118 · US$583m

Trade value (US$) no reported trade < US$18kUS$18k+US$171k+US$7m+> US$28m

Exports: 183
  1. United States: US$101m
  2. Germany: US$83m
  3. Poland: US$68m
  4. Bulgaria: US$43m
  5. Canada: US$37m
  6. Finland: US$28m
  7. United Kingdom: US$27m
  8. Austria: US$26m
  9. Italy: US$22m
  10. Australia: US$20m
  11. South Africa: US$18m
  12. China: US$17m
  13. Slovakia: US$13m
  14. Netherlands: US$9m
  15. France: US$7m
  16. Switzerland: US$7m
  17. South Korea: US$7m
  18. Belgium: US$7m
  19. Czechia: US$6m
  20. Russia: US$5m
  21. Singapore: US$4m
  22. India: US$4m
  23. Mexico: US$4m
  24. Spain: US$3m
  25. Lithuania: US$2m
  26. Estonia: US$2m
  27. Kazakhstan: US$2m
  28. Croatia: US$2m
  29. Greece: US$1m
  30. United Arab Emirates: US$998k
  31. Norway: US$878k
  32. Türkiye: US$802k
  33. Luxembourg: US$680k
  34. Malaysia: US$368k
  35. Brazil: US$360k
  36. Japan: US$317k
  37. Samoa: US$313k
  38. Sweden: US$303k
  39. Israel: US$246k
  40. New Zealand: US$246k
  41. Niue: US$207k
  42. Vietnam: US$203k
  43. Palestinian Territories: US$193k
  44. Iceland: US$171k
  45. Thailand: US$169k
  46. Peru: US$168k
  47. Hong Kong SAR China: US$167k
  48. Slovenia: US$161k
  49. Portugal: US$159k
  50. Hungary: US$157k
  51. Malta: US$137k
  52. Latvia: US$124k
  53. Uruguay: US$124k
  54. Cook Islands: US$108k
  55. Fiji: US$90k
  56. Bolivia: US$88k
  57. Serbia: US$88k
  58. Solomon Islands: US$87k
  59. Ireland: US$85k
  60. Denmark: US$82k

Top exporters

RankCountryValueShare
1 United States US$101m 17.3%
2 Germany US$83m 14.3%
3 Poland US$68m 11.6%
4 Bulgaria US$43m 7.4%
5 Canada US$37m 6.3%
6 Finland US$28m 4.8%
7 United Kingdom US$27m 4.6%
8 Austria US$26m 4.4%
9 Italy US$22m 3.7%
10 Australia US$20m 3.4%

Top importers

RankCountryValueShare
1 United States US$133m 22.8%
2 Germany US$122m 21%
3 Poland US$38m 6.5%
4 Colombia US$28m 4.8%
5 Australia US$25m 4.2%
6 Switzerland US$17m 2.8%
7 Belgium US$15m 2.6%
8 Guatemala US$12m 2.1%
9 Spain US$11m 1.9%
10 France US$10m 1.8%

In the UK Global Tariff, heading 7118 covers 2 tariff lines and the duty is duty-free.

The EU Combined Nomenclature divides heading 7118 into 2 tariff lines; the duty is duty-free.

In the Turkish Customs Tariff Schedule, heading 7118 covers 3 tariff lines and the duty is duty-free.

The Harmonized Tariff Schedule of the United States divides heading 7118 into 2 tariff lines; the duty is duty-free.

World trade in heading 7118 goods reached US$583m in 2024, down 3% on 2023.

The United States was the largest exporter with 17.3% of the total, ahead of Germany.

The United States imported the most (US$133m).

The United Kingdom ranked 7th among 183 exporters with US$27m.

The United Kingdom imported US$8m.

Products classified here

Questions and answers

What is the HS code for coin?

Coin fall under HS heading 7118, part of chapter 71, in section XIV of the Harmonized System.

What is the import duty on coin in the UK?

Under the UK Global Tariff, imports under 7118 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 coin in the EU?

Under the EU Combined Nomenclature, imports under 7118 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 coin?

The United States, with US$101m in 2024 (17.3% of world exports).