U.S. exports of Precious Metal Waste and Scrap, NESOI (HS 711299) totaled $438.8M in August 2026.
Importers of Precious Metal Waste and Scrap, NESOI paid $56K in duties in August 2026, an average duty rate of 0.19% — duty actually collected as a share of the imports that cleared customs, not the published tariff schedule. Precious Metal Waste and Scrap, NESOI imports of $28.6M in August 2026 ran 19% above the year-to-date monthly average of $24.1M.
Last updated: August 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.
126 import shipments a month
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.
Trade Directory
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Subheading 2 of 4 in heading 7112
Subheading 711299 · $438.8M of $1.1B
HS10 import codes under this HS6 parent, each with its own page. Source: U.S. Harmonized Tariff Schedule.
| Code | Description | Imports for consumption | Average duty rate | Dutiable Share | Duty Collected |
|---|---|---|---|---|---|
| 7112990100 | Wst&scrap of Prec Mtl/Mtl Clad W/Prec Mtl, NESOI | $28.6M | 0.19% | 1.62% | $56K |
HS10 export codes under this HS6 parent, each with its own page. Source: U.S. Schedule B export classification.
| Code | Description | Export Value |
|---|---|---|
| 7112990100 | Wst&scrap of Prec Mtl/Mtl Clad W/Prec Mtl, NESOI | $438.8M |
Import lines come from the U.S. Harmonized Tariff Schedule and export lines from Schedule B. The two are numbered by different agencies, so the same 10-digit code can appear in both tables describing a different product.
ImportsExports
Imports
$28.6MYoY · free account
Exports
$438.8MYoY · free account
12-mo low · imports
Low · free accountOver the twelve months to August 2026, the U.S. imported $270.9M of Precious Metal Waste and Scrap, NESOI and exported $4.8B.
Through August 2026. Source: U.S. Census Bureau.
Exports · August 2026
destination
Italy and United Kingdom together take 50% of it.
customs district
origin
entry
rate provision · imports
98.4% enters free of duty; duty collected equals 0.19% of imports for consumption.