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

HS v2022 Code: 7103

About 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

HS code 7103 covers a diverse range of precious and semi-precious stones, excluding diamonds. These stones are an essential raw material for the jewelry, gemstone, and luxury goods industries, contributing significantly to global trade and economic activity. The production and processing of these stones is a highly specialized field, with various techniques and processes involved to transform the raw materials into finished products suitable for a wide range of applications.

Production process

The production of precious and semi-precious stones under HS code 7103 typically involves several key steps. First, the raw stones are mined and extracted from the earth. They are then sorted, graded, and cut or polished to enhance their natural beauty and characteristics. Depending on the specific type of stone, various techniques such as faceting, cabochon cutting, and tumbling may be employed to shape and finish the stones. Finally, the processed stones may be temporarily strung together for ease of transport and distribution to downstream industries.

Production inputs

The primary inputs for the production of precious and semi-precious stones under HS code 7103 are the raw, unprocessed stones themselves. These stones are typically found in geological deposits and require specialized mining and extraction techniques to obtain. In addition to the raw materials, the industry also relies on various tools, machinery, and skilled labor to facilitate the cutting, polishing, and finishing processes. Energy sources, such as electricity or fuel, are also necessary to power the production equipment.

Production outputs

The main outputs of the industry covered by HS code 7103 are the finished, processed precious and semi-precious stones. These stones are then used as inputs for a wide range of downstream industries, including 7113 Jewelry, goldsmiths' and silversmiths' wares and other articles, 9113 Watch cases and parts thereof, and 9601 (Worked ivory, bone, tortoise-shell, horn, antlers, coral, mother-of-pearl and other animal carving material, and articles of these materials (including articles obtained by moulding)). The processed stones may also be used in the production of luxury goods, decorative items, and other specialized applications.

Family tree for 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

    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/v2022/7103'>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 --> 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/v2022/7102'>7102: Diamonds, whether or not worked, but not mounted or set</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/v2022/710310'>710310: Stones; precious (other than diamonds) and semi-precious stones, unworked or simply sawn or roughly shaped, not strung, mounted or set</a>"]
B --> U["<a href='/classifications/hs/v2022/710391'>710391: Stones; rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set</a>"]
B --> V["<a href='/classifications/hs/v2022/710399'>710399: Stones; precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or set</a>"]


    %% Color coordination by level

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    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 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