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HSChapter 71
U.S. imports of precious metal waste and scrap, nesoi (HS 711299) totaled $22.0M in April 2026, traded with 22 countries.
Importers of Precious Metal Waste and Scrap, NESOI paid $27K in duties in April 2026 — an effective duty rate of 10% on $270K in dutiable value, based on actual customs collections rather than the published tariff schedule. Precious Metal Waste and Scrap, NESOI imports of $22.0M in April 2026 ran 12% below the year-to-date monthly average of $24.9M.
Last updated: April 2026 dataResidual precious-metal scrap not covered by the gold, platinum, or ash headings — including silver scrap, palladium scrap, mixed sweepings from jewelry workshops, and metal clad with precious metals other than gold or platinum — consolidates into a single 10-digit line (7112990100). Canada and Mexico are the leading US suppliers, reflecting the volume of jewelry manufacturing and precious-metal fabrication activity in North America that generates recoverable scrap. The NESOI designation means classification here is appropriate only after confirming the material does not fit a more specific precious-metal scrap heading. Silver scrap is a particularly common commodity in this residual category, and its valuation should be supported by assay documentation referencing recognized silver spot prices.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
Silver scrap — including off-cuts, sprues, and defective silver jewelry pieces — typically classifies under 711299 as precious-metal scrap NESOI, since there is no separate silver-specific scrap heading at the HS6 level equivalent to the gold and platinum headings. Supporting documentation should include a purchase invoice referencing silver content by weight and fineness, an assay certificate, and a benchmark price reference (such as the LBMA silver price) to substantiate customs valuation.
The gold scrap (711291) and platinum scrap (711292) headings both explicitly exclude sweepings containing other precious metals. Declaring mixed-PGM sweepings under one of those specific headings rather than under the NESOI heading (711299) or the ash heading (711230) could result in a CBP classification challenge, potential penalties for misdeclaration, and complications with downstream refinery documentation. Importers handling mixed sweepings should obtain a full assay before filing and consult a licensed customs broker to confirm the correct heading.
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| Country | Imports | Exports | Balance |
|---|---|---|---|
| UNITED KINGDOM | $79K | $113.6M | +$113.5M |
| ITALY | -- | $109.9M | +$109.9M |
| CANADA | $11.2M | $65.0M | +$53.8M |
| GERMANY | $15K | $61.4M | +$61.4M |
| BELGIUM | -- | $32.7M | +$32.7M |
Monthly import values over time
HS10 import codes under this HS6 parent. Source: U.S. Harmonized Tariff Schedule.
| Code | Description | Import Value | Effective Tariff % | Duty Collected |
|---|---|---|---|---|
| 7112990100 | WST&SCRAP OF PREC MTL/MTL CLAD W/PREC MTL, NESOI | $22.0M | 10.09% | $27K |
WST&SCRAP OF PREC MTL/MTL CLAD W/PREC MTL, NESOI
HS10 export codes under this HS6 parent. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7112990100 | WST&SCRAP OF PREC MTL/MTL CLAD W/PREC MTL, NESOI | $422.7M |
WST&SCRAP OF PREC MTL/MTL CLAD W/PREC MTL, NESOI
975.0M gm
GOLD, NONMONETARY, UNWROUGHT NESOI
HS 710812
SILVER, UNWROUGHT NESOI
HS 710691
JEWELRY AND PARTS THEREOF, OF OTH PRECIOUS METAL
HS 711319
OTH PREC METL ARTCLS OR ARTCLS CLAD W PM, NESOI
HS 711590
RHODIUM, UNWROUGHT OR IN POWDER FORM
HS 711031
DIAMONDS, NONINDUSTRIAL, WORKED
HS 710239
| State | Imports | Exports | Balance |
|---|---|---|---|
| New Jersey | $995K | $91.5M | +$90.5M |
| Rhode Island | $5.1M | $63.0M | +$57.9M |
| Tennessee | $6K | $45.7M | +$45.7M |
| Port | Imports | Exports | Balance |
|---|---|---|---|
| NEWARK, NJ | $3K | $164.2M | +$164.1M |
| BUFFALO-NIAGARA FALLS, NY | $814K | $53.4M | +$52.6M |
| JFK INTERNATIONAL AIRPORT, NY | -- | $39.3M | +$39.3M |