Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
HS v2022 Code: 7114
About articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
HS code 7114 covers a wide range of articles produced by goldsmiths and silversmiths, including jewelry, tableware, decorative items, and other wares made from precious metals or metal clad with precious metal. This industry plays a significant role in the global luxury goods market, catering to the demand for high-quality, handcrafted products that are often seen as symbols of wealth, status, and refined taste. The production of these articles requires specialized skills and techniques, making it an important part of the broader manufacturing and creative sectors.
Production process
The production of articles under HS code 7114 typically involves a range of traditional metalworking techniques, such as casting, forging, stamping, and engraving. Skilled artisans use these methods to shape, decorate, and assemble the precious metal components into the desired final products. The use of advanced technologies, such as computer-aided design (CAD) and computer-aided manufacturing (CAM), has also become more prevalent in recent years, allowing for greater precision and efficiency in the production process.
Production inputs
The main inputs required for the production of articles under HS code 7114 include precious metals, such as gold, silver, and platinum, as well as metal alloys and other materials used for decorative elements or structural components. Specialized tools and equipment, such as casting molds, hammers, and engraving tools, are also essential for the manufacturing process. Additionally, skilled labor, including goldsmiths, silversmiths, and other artisans, is a critical input for this industry.
Production outputs
The primary outputs of the industry covered by HS code 7114 are a wide range of luxury goods, including jewelry, tableware, decorative items, and other wares made from precious metals or metal clad with precious metal. These products are often consumed by 9503 Toys, games and sports requisites; parts and accessories thereof, 9504 Video games, table or parlor games, including pinball machines, billiards, special tables for casino games and automatic bowling alley equipment, and 9505 Festive, carnival or other entertainment articles, including conjuring tricks and novelty jokes, as well as the broader 9401 (Seats (other than those of heading 94.02), whether or not convertible into beds, and parts thereof), 9403 Other furniture and parts thereof, and 9406 Prefabricated buildings industries, where they may be used as decorative or functional elements.
Family tree for articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
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/v2022/7114'>7114: Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal</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/v2022/7103'>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 --> F["<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 --> G["<a href='/classifications/hs/v2022/7105'>7105: Dust and powder of natural or synthetic precious or semi-precious stone</a>"]
A --> H["<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 --> I["<a href='/classifications/hs/v2022/7107'>7107: Base metals clad with silver; not further worked than semi-manufactured</a>"]
A --> J["<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 --> K["<a href='/classifications/hs/v2022/7109'>7109: Base metals or silver, clad with gold, not further worked than semi-manufactured</a>"]
A --> L["<a href='/classifications/hs/v2022/7110'>7110: Platinum; unwrought or in semi-manufactured forms, or in powder form</a>"]
A --> M["<a href='/classifications/hs/v2022/7111'>7111: Base metals, silver or gold, clad with platinum; not further worked than semi-manufactured</a>"]
A --> N["<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 --> O["<a href='/classifications/hs/v2022/7113'>7113: Jewellery articles 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/v2022/711411'>711411: Silversmiths' wares; and parts thereof, of silver, whether or not plated or clad with other precious metal</a>"]
B --> U["<a href='/classifications/hs/v2022/711419'>711419: Goldsmiths' wares; articles of and parts thereof, of precious metal (excluding silver) whether or not plated or clad with precious metal</a>"]
B --> V["<a href='/classifications/hs/v2022/711420'>711420: Goldsmiths' and silversmiths' wares; articles of and parts thereof, of base metal clad with precious metal</a>"]
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