Diamonds, whether or not worked, but not mounted or set
HS v2022 Code: 7102
About diamonds, whether or not worked, but not mounted or set
HS code 7102 covers the trade and production of diamonds, one of the world's most valuable and sought-after gemstones. The diamond industry plays a crucial role in the global economy, with diamonds being used in a wide range of applications, from jewelry and luxury goods to industrial tools and technologies. As a highly lucrative and specialized sector, the diamond trade is a significant contributor to the economies of major producing and trading nations.
Production process
The production of diamonds involves several key steps. Diamonds are primarily extracted from diamond mines, where they are found in kimberlite and lamproite deposits deep within the Earth's crust. Once mined, the rough diamonds undergo a process of sorting, cutting, and polishing to enhance their brilliance and clarity, transforming them into the gemstones that are highly prized around the world.
Production inputs
The diamond industry requires a range of inputs, including specialized mining equipment, cutting and polishing tools, and skilled labor. Additionally, the industry relies on a global network of traders, brokers, and logistics providers to facilitate the movement of diamonds from the mines to the end-users. The availability of high-quality, ethically sourced diamonds is also a critical input, as the industry faces ongoing challenges related to the trade in conflict diamonds.
Production outputs
The primary output of the diamond industry is, of course, the polished and cut diamonds that are used in jewelry, watches, and other luxury goods. These diamonds are often classified and graded according to the 7103 Precious stones and semi-precious stones and 7104 Synthetic or reconstructed precious or semi-precious stones codes. Additionally, industrial-grade diamonds are used in a variety of applications, such as cutting and grinding tools, electronics, and scientific research.
Family tree for diamonds, whether or not worked, but not mounted or set
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/v2022/7102'>7102: Diamonds, whether or not worked, but not mounted or set</a>"] A --> C["<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 --> 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>"] B --> T["<a href='/classifications/hs/v2022/710210'>710210: Diamonds; whether or not worked, but not mounted or set, unsorted</a>"] B --> U["<a href='/classifications/hs/v2022/710221'>710221: Diamonds; industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set</a>"] B --> V["<a href='/classifications/hs/v2022/710229'>710229: Diamonds; industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set</a>"] B --> W["<a href='/classifications/hs/v2022/710231'>710231: Diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set</a>"] B --> X["<a href='/classifications/hs/v2022/710239'>710239: Diamonds; non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set</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 V level6 class W level6 class X 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