Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
HS v2017 Code: 7114
About articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
HS code 7114 covers a diverse range of products created by goldsmiths and silversmiths, including jewelry, tableware, decorative items, and other articles made from precious metals or metal clad with precious metal. This industry plays a significant role in the global luxury goods market, catering to the demand for high-quality, artisanal products that showcase the skill and craftsmanship of the makers. The articles produced under this code are not only functional but also serve as symbols of wealth, status, and cultural heritage in many societies.
Production process
The production of articles under HS code 7114 typically involves a range of traditional and modern techniques. Goldsmiths and silversmiths often use methods such as casting, forging, hammering, and engraving to shape the precious metal into the desired form. Advanced techniques like electroplating, enameling, and stone setting may also be employed to add decorative elements and enhance the final product. The attention to detail and the level of craftsmanship required in this industry are hallmarks of the articles produced under this code.
Production inputs
The primary inputs for the production of articles under HS code 7114 are precious metals, such as gold, silver, and platinum, as well as any metal clad with these precious materials. Specialized tools and equipment, such as crucibles, molds, hammers, and polishing machines, are also essential for the various stages of production. Skilled artisans, designers, and technicians are the key human resources required to create the high-quality, intricate products that fall under this code.
Production outputs
The main outputs of the industry covered by HS code 7114 include a wide range of luxury goods, such as jewelry, tableware, decorative items, and religious or ceremonial objects. These articles are often consumed by the 9503 Retail trade services and 9504 Accommodation services sectors, as well as by individual consumers seeking high-end, exclusive products. The outputs of this industry may also be used as inputs for other related codes, such as 7113 Articles of jewelry and parts thereof, of precious metal or of metal clad with precious metal and 9601 Works of art, collectors' pieces and antiques.
Family tree for articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
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/v2017/7114'>7114: Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal</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/v2017/7103'>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 --> F["<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 --> G["<a href='/classifications/hs/v2017/7105'>7105: Dust and powder of natural or synthetic precious or semi-precious stone</a>"]
A --> H["<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 --> I["<a href='/classifications/hs/v2017/7107'>7107: Base metals clad with silver; not further worked than semi-manufactured</a>"]
A --> J["<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 --> K["<a href='/classifications/hs/v2017/7109'>7109: Base metals or silver, clad with gold, not further worked than semi-manufactured</a>"]
A --> L["<a href='/classifications/hs/v2017/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> M["<a href='/classifications/hs/v2017/7111'>7111: Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured</a>"]
A --> N["<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 --> O["<a href='/classifications/hs/v2017/7113'>7113: Jewellery articles 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/v2017/711411'>711411: Silversmiths' wares; and parts thereof, of silver, whether or not plated or clad with other precious metal</a>"]
B --> U["<a href='/classifications/hs/v2017/711419'>711419: Goldsmiths' wares; articles of and parts thereof, of precious metal (excluding silver) whether or not plated or clad with precious metal</a>"]
B --> V["<a href='/classifications/hs/v2017/711420'>711420: Goldsmiths' and silversmiths' wares; articles of and parts thereof, of base metal clad with precious metal</a>"]
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class O level4
class P level4
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class T level6
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