Stones; diamonds, unworked or simply sawn or roughly shaped

HS v2022 Code: 710421

About stones; diamonds, unworked or simply sawn or roughly shaped

HS code 710421 covers the trade of unworked or simply sawn/roughly shaped diamonds. Diamonds are one of the most valuable and sought-after gemstones in the world, with a wide range of industrial and commercial applications. The global diamond industry is a significant contributor to the world economy, generating billions in revenue and employing millions of people across mining, processing, and distribution activities.

Production process

The production of unworked or simply sawn/roughly shaped diamonds involves the extraction of raw diamond stones from mines, followed by sorting, cleaning, and grading processes. Diamonds may be sawn or cleaved to remove imperfections and achieve the desired shape and size. Rough diamonds are then polished and cut to enhance their brilliance and value before being sold to manufacturers, jewelers, and other end-users.

Production inputs

The main inputs required for the production of unworked or simply sawn/roughly shaped diamonds include raw diamond stones, mining and extraction equipment, cutting and polishing tools, and skilled labor. Significant investments in exploration, mining operations, and processing facilities are necessary to support the diamond industry.

Production outputs

Unworked or simply sawn/roughly shaped diamonds produced under HS code 710421 are primarily consumed by manufacturers and jewelers who further process the stones into polished diamonds 710239 Stones; diamonds, worked, but not mounted or set. These polished diamonds are then used in a variety of applications, including jewelry, industrial tools, and high-tech electronics.

Revisions to 710421

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 710421. The most recent 1 version of this code (710421) is in the HS v2022 system (this version):

This page shows the most recent version of code 710421.

Family tree for stones; diamonds, unworked or simply sawn or roughly shaped

    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/v2022/7104'>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>"]
B --> C["<a href='/classifications/hs/v2022/710421'>710421: Stones; diamonds, unworked or simply sawn or roughly shaped</a>"]

    B --> D["<a href='/classifications/hs/v2022/710410'>710410: Stones; piezo-electric quartz, 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>"]
B --> E["<a href='/classifications/hs/v2022/710429'>710429: Stones; synthetic or reconstructed precious or semi-precious n.e.c. in heading 7104, unworked or simply sawn or roughly shaped</a>"]
B --> F["<a href='/classifications/hs/v2022/710491'>710491: Stones; diamonds, n.e.c. in heading 7104, 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>"]
B --> G["<a href='/classifications/hs/v2022/710499'>710499: Stones; synthetic or reconstructed precious or semi-precious n.e.c. in heading 7104, 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>"]

    

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