Precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport

HS v2017 Code: 7103

Chapter	Heading	Sub-heading
71	03	n/a

Code	7103
Version	HS v2017
Hierarchy Level	4
Datasource	WCO
Chapter	71

Ancestor Codes: Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

This Code: Precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport

Child Codes: Stones; precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or set; Stones; precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set; Stones; rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set

Sibling Codes (Nearest 5): Pearls; natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for the convenience of transport; Diamonds, whether or not worked, but not mounted or set; Synthetic, reconstructed precious, semi-precious stone worked, graded or not, not strung or mounted, set; ungraded synthetic, reconstructed precious, semi-precious stones, temporarily strung for transport; Dust and powder of natural or synthetic precious or semi-precious stone; Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form

About precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport

HS code 7103 covers a diverse range of precious and semi-precious stones, excluding diamonds. These stones play a vital role in the global jewelry and gemstone industry, contributing to the production of high-value luxury goods. The trade and processing of these stones is an important economic activity, with significant impacts on the mining, manufacturing, and retail sectors worldwide.

Production process

The production of the goods covered by HS code 7103 typically involves several key steps. First, the raw stones are mined and extracted from the earth. They are then sorted, graded, and cut or polished to enhance their natural beauty and desirability. Some stones may also be treated or enhanced through various methods to improve their color, clarity, or other characteristics. Finally, the processed stones are either sold directly or incorporated into jewelry and other decorative items.

Production inputs

The main inputs required for the production of goods under HS code 7103 include the raw precious and semi-precious stones, as well as specialized equipment and machinery for mining, cutting, polishing, and processing the stones. Additionally, skilled labor, energy, and transportation services are essential for the efficient operation of this industry.

Production outputs

The primary outputs of the industry covered by HS code 7103 are the processed precious and semi-precious stones, which are then used in the production of a wide range of jewelry, decorative items, and other luxury goods. These stones may be sold individually or incorporated into finished products. Other industries that may consume the output of HS code 7103 include 7113 Articles of jewelry and parts thereof, of precious metal or of metal clad with precious metal, 7114 Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal, and 9601 (Worked ivory, bone, tortoiseshell, horn, antlers, coral, mother-of-pearl and other animal carving material, and articles of these materials (including articles obtained by moulding)), among others.

Family tree for precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport

    graph LR
    A["<a href='/classifications/hs/v2017/71'>71: Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin</a>"]
A --> B["<a href='/classifications/hs/v2017/7103'>7103: Precious (excluding diamond) and semi-precious stone; worked, graded, not strung, mounted, set; ungraded precious (excluding diamond) and semi-precious stone, temporarily strung for convenience of transport</a>"]

    A --> C["<a href='/classifications/hs/v2017/7101'>7101: Pearls; natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for the convenience of transport</a>"]
A --> D["<a href='/classifications/hs/v2017/7102'>7102: Diamonds, whether or not worked, but not mounted or set</a>"]
A --> E["<a href='/classifications/hs/v2017/7104'>7104: Synthetic, reconstructed precious, semi-precious stone worked, graded or not, not strung or mounted, set; ungraded synthetic, reconstructed precious, semi-precious stones, temporarily strung for transport</a>"]
A --> F["<a href='/classifications/hs/v2017/7105'>7105: Dust and powder of natural or synthetic precious or semi-precious stone</a>"]
A --> G["<a href='/classifications/hs/v2017/7106'>7106: Silver (including silver plated with gold or platinum); unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> H["<a href='/classifications/hs/v2017/7107'>7107: Base metals clad with silver; not further worked than semi-manufactured</a>"]
A --> I["<a href='/classifications/hs/v2017/7108'>7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> J["<a href='/classifications/hs/v2017/7109'>7109: Base metals or silver, clad with gold, not further worked than semi-manufactured</a>"]
A --> K["<a href='/classifications/hs/v2017/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> L["<a href='/classifications/hs/v2017/7111'>7111: Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured</a>"]
A --> M["<a href='/classifications/hs/v2017/7112'>7112: Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal compounds, of a kind uses principally for the recovery of precious metal</a>"]
A --> N["<a href='/classifications/hs/v2017/7113'>7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> O["<a href='/classifications/hs/v2017/7114'>7114: Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal</a>"]
A --> P["<a href='/classifications/hs/v2017/7115'>7115: Articles of precious metal or of metal clad with precious metal</a>"]
A --> Q["<a href='/classifications/hs/v2017/7116'>7116: Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)</a>"]
A --> R["<a href='/classifications/hs/v2017/7117'>7117: Imitation jewellery</a>"]
A --> S["<a href='/classifications/hs/v2017/7118'>7118: Coin</a>"]

    B --> T["<a href='/classifications/hs/v2017/710310'>710310: Stones; precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set</a>"]
B --> U["<a href='/classifications/hs/v2017/710391'>710391: Stones; rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set</a>"]
B --> V["<a href='/classifications/hs/v2017/710399'>710399: Stones; precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or set</a>"]


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  %% Apply classes
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class C level4
class D level4
class E level4
class F level4
class G level4
class H level4
class I level4
class J level4
class K level4
class L level4
class M level4
class N level4
class O level4
class P level4
class Q level4
class R level4
class S level4
class T level6
class U level6
class V level6

  class B highlight

  %% class A level1
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  %% class J,K,L,M,N,O,P level3
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