Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
HS v2022 Code: 71
About natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
HS code 71 encompasses a diverse range of high-value commodities, including natural and cultured pearls, precious and semi-precious stones, precious metals, and articles made from these materials. This industry plays a crucial role in the global economy, catering to the demand for luxury goods, investment assets, and industrial applications. The products covered under this code are widely traded internationally, contributing significantly to international trade and commerce.
Production process
The production techniques for the goods under HS code 71 vary depending on the specific product. Natural pearls are harvested from oysters and other mollusks, while cultured pearls are produced through a controlled process of pearl cultivation. Precious and semi-precious stones are mined, cut, and polished using specialized equipment and techniques. Precious metals, such as gold, silver, and platinum, are extracted from ores, refined, and then used to create a wide range of products, from jewelry to industrial components.
Production inputs
The main inputs required for the industries covered under HS code 71 include raw materials such as pearls, gemstones, and precious metals. Additionally, specialized machinery and equipment, as well as skilled labor, are essential for the various production processes. Energy sources, such as electricity and fuel, are also necessary for the mining, refining, and manufacturing operations.
Production outputs
The outputs of the industries under HS code 71 include a diverse range of products, such as 7101 Natural, cultured pearls, 7102 Diamonds, 7103 Precious stones, 7104 Synthetic or reconstructed precious or semi-precious stones, 7106 Silver, 7108 Gold, 7110 Platinum, 7113 Articles of jewelry and parts thereof, and 7114 Articles of goldsmiths' or silversmiths' wares and parts thereof. These products are widely used in the jewelry, luxury goods, and industrial sectors, as well as for investment purposes.
Family tree for natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
graph LR A["<a href='/classifications/hs/v2022/71'>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/v2022/7101'>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 --> C["<a href='/classifications/hs/v2022/7102'>7102: Diamonds, whether or not worked, but not mounted or set</a>"] A --> D["<a href='/classifications/hs/v2022/7103'>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 --> E["<a href='/classifications/hs/v2022/7104'>7104: Stones; synthetic or reconstructed precious or semi-precious, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport</a>"] A --> F["<a href='/classifications/hs/v2022/7105'>7105: Dust and powder of natural or synthetic precious or semi-precious stone</a>"] A --> G["<a href='/classifications/hs/v2022/7106'>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/v2022/7107'>7107: Base metals clad with silver; not further worked than semi-manufactured</a>"] A --> I["<a href='/classifications/hs/v2022/7108'>7108: Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form</a>"] A --> J["<a href='/classifications/hs/v2022/7109'>7109: Base metals or silver, clad with gold, not further worked than semi-manufactured</a>"] A --> K["<a href='/classifications/hs/v2022/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"] A --> L["<a href='/classifications/hs/v2022/7111'>7111: Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured</a>"] A --> M["<a href='/classifications/hs/v2022/7112'>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 other than goods of heading 85.49</a>"] A --> N["<a href='/classifications/hs/v2022/7113'>7113: Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal</a>"] A --> O["<a href='/classifications/hs/v2022/7114'>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/v2022/7115'>7115: Articles of precious metal or of metal clad with precious metal</a>"] A --> Q["<a href='/classifications/hs/v2022/7116'>7116: Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)</a>"] A --> R["<a href='/classifications/hs/v2022/7117'>7117: Imitation jewellery</a>"] A --> S["<a href='/classifications/hs/v2022/7118'>7118: Coin</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 A 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 A highlight