Metals; palladium, semi-manufactured
HS v2022 Code: 711029
About metals; palladium, semi-manufactured
HS code 711029 covers the semi-manufactured forms of palladium, a rare and valuable precious metal. Palladium is a key component in various industrial applications, particularly in the automotive industry where it is used in catalytic converters to reduce vehicle emissions. The global palladium market is closely tied to the performance of the automotive sector, making this code an important indicator of industrial activity and economic health.
Production process
Palladium is primarily extracted from ores and then refined through a series of complex chemical processes. The raw palladium is first separated from other metals, then melted and cast into ingots or sheets. These semi-manufactured forms can then be further processed into a wide range of products, such as electrical contacts, jewelry, and laboratory equipment.
Production inputs
The production of semi-manufactured palladium requires several key inputs, including palladium-containing ores, specialized refining equipment, and significant amounts of energy to power the smelting and casting processes. Additionally, the industry relies on a skilled workforce with expertise in metallurgy and advanced manufacturing techniques.
Production outputs
The semi-manufactured palladium products covered by HS code 711029 are used as inputs for a variety of downstream industries. These include the automotive sector, which consumes palladium for catalytic converters 870323 Motor cars and other motor vehicles principally designed for the transport of persons, the electronics industry for electrical contacts and components, and the jewelry and luxury goods sectors. The output of this industry is also closely linked to 711021 Palladium, unwrought or in powder form and 711031 Rhodium, unwrought or in powder form, as palladium is often extracted and refined alongside other platinum group metals.
Revisions to 711029
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 711029. The most recent 1 version of this code (711029) is in the HS v2022 system (this version):
This page shows the most recent version of code 711029.
Older versions
Family tree for metals; palladium, semi-manufactured
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/v2022/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"] B --> C["<a href='/classifications/hs/v2022/711029'>711029: Metals; palladium, semi-manufactured</a>"] B --> D["<a href='/classifications/hs/v2022/711011'>711011: Metals; platinum, unwrought or in powder form</a>"] B --> E["<a href='/classifications/hs/v2022/711019'>711019: Metals; platinum, semi-manufactured</a>"] B --> F["<a href='/classifications/hs/v2022/711021'>711021: Metals; palladium, unwrought or in powder form</a>"] B --> G["<a href='/classifications/hs/v2022/711031'>711031: Metals; rhodium, unwrought or in powder form</a>"] B --> H["<a href='/classifications/hs/v2022/711039'>711039: Metals; rhodium, semi-manufactured</a>"] B --> I["<a href='/classifications/hs/v2022/711041'>711041: Metals; iridium, osmium, ruthenium, unwrought or in powder form</a>"] B --> J["<a href='/classifications/hs/v2022/711049'>711049: Metals; iridium, osmium, ruthenium, semi-manufactured</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 H level6 class I level6 class J 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