Jewellery; of silver, whether or not plated or clad with other precious metal, and parts thereof

HS code 711311 covers the production and trade of silver jewelry, including items that may be plated or clad with other precious metals. This industry plays a significant role in the global luxury goods market, catering to consumer demand for high-quality, fashionable jewelry. Silver jewelry production is an important economic activity, contributing to employment, exports, and the overall growth of the precious metals and gemstone industry.

The production of silver jewelry involves several key steps. Firstly, silver ingots or sheets are obtained and shaped into the desired jewelry forms, such as rings, necklaces, or earrings, using techniques like casting, stamping, or forging. The pieces may then be decorated with intricate designs, often using techniques like engraving, enameling, or setting gemstones. Finally, the jewelry is polished and finished to enhance its luster and appearance.

The main inputs required for the production of silver jewelry under HS code 711311 include high-purity silver, as well as other precious metals like gold or platinum for plating or cladding. Specialized tools and equipment, such as casting molds, stamping machines, and polishing tools, are also essential. Additionally, the industry relies on a skilled workforce of jewelers, designers, and artisans to create the intricate and high-quality jewelry pieces.

The primary output of the industry covered by HS code 711311 is finished silver jewelry, including rings, necklaces, bracelets, earrings, and other decorative items. These products are often consumed by 420212 Handbags, including those without handle, and parts thereof, 950310 Festive, carnival or other entertainment articles, including conjuring tricks and novelty jokes, and 950590 Festive, carnival or other entertainment articles, including articles for Christmas festivities, not elsewhere specified or included.