Global Trade Rules Tighten for Silver Jewelry with Endangered Species

This article provides an in-depth analysis of silver jewelry and components inlaid with endangered species products classified under HS code 7113119010. It discusses tax rates, declaration elements, and regulatory requirements, while also forecasting future market and legislative trends. This insights aim to help businesses better seize opportunities in the international market.
Global Trade Rules Tighten for Silver Jewelry with Endangered Species

Jewelry combining silver with products derived from endangered species presents a unique intersection of art, trade regulations, and environmental concerns. These products, classified under HS code 7113119010, carry distinctive artistic value while navigating complex legal frameworks and conservation debates.

Product Overview

HS code 7113119010 specifically identifies silver jewelry and components incorporating materials from endangered species, regardless of whether they are plated or clad with other precious metals. For exporters, this classification carries a 0% export tax rate and 13% VAT, while the Most Favored Nation (MFN) tariff stands at 8%. Industry participants must understand these fiscal parameters to optimize costs and mitigate legal exposure.

Classification and Regulatory Framework

This product category falls under Class 14, which encompasses natural/cultured pearls, gemstones, precious metals, and related articles. The sub-classification 711311 denotes silver jewelry and parts, with 71131190 representing "other silver jewelry and components." Crucially, these items require:

  • Certified import/export permits for endangered species materials
  • Full compliance with CITES (Convention on International Trade in Endangered Species) regulations
  • Documentation proving legal sourcing of biological components

Customs Declaration Requirements

International shipments demand meticulous documentation, including:

  • Brand specifications and model numbers
  • Material composition (platinum, gold, silver percentages)
  • Manufacturing techniques (diamond setting, gold-cladding processes)
  • Product type categorization (rings, pendants, etc.)
  • Detailed breakdown of precious metal content

Global Tariff Landscape

Trade policies vary significantly across markets:

  • ASEAN countries : 0% export duty under regional trade agreements
  • RCEP participants : Australia and New Zealand impose 16% tariffs
  • European Union : Potential duties reaching 130% in some jurisdictions

This disparity necessitates careful market selection and strategic pricing approaches for exporters.

Future Outlook

Growing environmental consciousness is driving stricter oversight of products containing endangered species materials. While current regulations remain relatively lenient in certain markets, anticipated developments include:

  • Tighter CITES enforcement mechanisms
  • Expanded lists of protected species
  • Increased due diligence requirements for supply chains

Market participants must monitor these evolving standards to maintain compliance while addressing changing consumer expectations regarding ethical sourcing.