Articles of precious metal or of metal clad with precious metal
HS v2017 Code: 7115
About articles of precious metal or of metal clad with precious metal
HS code 7115 covers a diverse range of articles made from precious metals or metal clad with precious metals. This industry plays a vital role in the global luxury goods market, producing high-value items such as jewelry, decorative objects, and specialized industrial components. The demand for these products is driven by both consumer preferences for luxury goods as well as industrial applications that require the unique properties of precious metals.
Production process
The production of articles under HS code 7115 typically involves a range of metalworking techniques, including casting, forging, stamping, and fabrication. Skilled artisans and specialized machinery are often employed to shape, finish, and assemble these intricate products. Many manufacturers also utilize advanced technologies like computer-aided design (CAD) and computer numerical control (CNC) machining to enhance precision and efficiency.
Production inputs
The primary inputs for the HS code 7115 industry are precious metals, such as gold, silver, platinum, and palladium, as well as metal alloys and compounds. Manufacturers may also require specialized tools, molds, and other equipment to facilitate the production process. Additionally, the industry relies on a skilled workforce capable of executing delicate metalworking techniques and adhering to strict quality standards.
Production outputs
The main outputs of the HS code 7115 industry include a wide variety of luxury goods, such as 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 7116 (Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)). These products are often consumed by the 9503 Toys; puzzles and models, 9504 Video game consoles and machines, articles for funfair, table or parlor games, and 9505 Festive, carnival or other entertainment articles industries, among others.
Family tree for articles 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/v2017/7115'>7115: Articles 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/v2017/7114'>7114: Articles of goldsmiths' or silversmiths' wares and parts thereof, 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/v2017/711510'>711510: Metal; catalysts in the form of wire cloth or grill, of platinum</a>"] B --> U["<a href='/classifications/hs/v2017/711590'>711590: Metal; precious or metal clad with precious metal, other than that of item no. 7115.10</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level2 class B level4 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 B highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class B highlight