Diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set
HS v2022 Code: 710231
About diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set
HS code 710231 covers the trade of unworked or simply processed diamonds, excluding those used for industrial purposes. The diamond industry is a vital component of the global luxury goods market, with diamonds being highly sought-after gemstones for jewelry and other high-end applications. This industry plays a significant role in the economies of major diamond-producing countries, contributing to employment, exports, and economic development.
Production process
The production of diamonds classified under HS code 710231 involves the extraction of rough diamonds from mines, followed by various processing techniques. These may include sawing, cleaving, and bruting (shaping and polishing) to create the desired shape and finish, without the diamonds being mounted or set in any final product.
Production inputs
The main inputs required for the production of unworked or simply processed diamonds include the raw diamond resources, specialized mining and processing equipment, and skilled labor. Diamond mining operations, which are often located in regions with significant geological deposits, require significant capital investment and advanced technologies to extract and process the diamonds effectively.
Production outputs
The primary output of this industry is unworked or simply processed diamonds, which are then typically sold to 711231 Jewelry and goldsmiths' wares manufacturers or other downstream industries for further processing and incorporation into final products. These diamonds may also be used in 900190 Optical elements, 900290 Optical elements, and other specialized applications.
Revisions to 710231
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 710231. The most recent 1 version of this code (710231) is in the HS v2022 system (this version):
This page shows the most recent version of code 710231.
Older versions
Family tree for diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, 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>"] B --> C["<a href='/classifications/hs/v2022/710231'>710231: Diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set</a>"] B --> D["<a href='/classifications/hs/v2022/710210'>710210: Diamonds; whether or not worked, but not mounted or set, unsorted</a>"] B --> E["<a href='/classifications/hs/v2022/710221'>710221: Diamonds; industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set</a>"] B --> F["<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 --> G["<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 level6 class D level6 class E level6 class F level6 class G level6 class C 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 C highlight