HS code · 6-digit subheading
HS Code 7108.12 – Metals; gold, non-monetary, unwrought (but not powder)
HS code 7108.12 is the 6-digit subheading for metals, gold, non-monetary, unwrought (but not powder). It is used for gold ingots, gold bars, gold grains, gold shot and gold anodes.
What HS 7108.12 covers
This category encompasses non-monetary gold in its unwrought form, meaning raw, unworked gold typically found as ingots, bars, grains, or lumps, but specifically excluding powder. This is the foundational form for industrial gold, serving as a primary raw material for jewelry manufacturing, electronics, dentistry, and other high-tech applications. It is distinct from monetary gold, which is held by central banks or for investment purposes. Major importers are countries with large jewelry industries, significant electronics manufacturing, or those acting as refining and distribution hubs for industrial gold. Exporters are predominantly gold-mining nations and countries with advanced gold refining capabilities. Key aspects of trade include purity standards (e.g., 999.9 fine gold), weight, and certification by recognized refiners. The global market for unwrought non-monetary gold is influenced by industrial demand, economic growth, and the overall supply from mining and recycling, making it a crucial commodity in global trade.
- Covers
- Gold ingots
- Gold bars
- Gold grains
- Gold shot
- Gold anodes
- Gold bullion (non-monetary)
- Gold granules
- Examples
- LBMA good delivery gold bars
- PAMP Suisse gold ingots
- Valcambi gold bars
- Royal Canadian Mint gold bullion
- Perth Mint gold bars
Codes often confused with 7108.12
Common mistake. This code is differentiated from 710820 (Monetary gold) by its non-monetary status and from 710813 (Semi-manufactured non-monetary gold) by its unwrought form.
Top exporters and importers of HS code 710812, 2025
In 2025, the largest exporter of HS code 710812 in UN Comtrade data was Switzerland, with 25% of world exports; the largest importer in UN Comtrade data was Switzerland, with 32% of world imports. Countries that did not report 2025 data are estimated from partner records, which can understate them.
Top exporters 2025 · share of world exports
- 1 Switzerland $179.2B 25% of world exports
- 2 United Arab Emirates* ~$114.0B 16% of world exports · partner records ↗
- 3 Hong Kong $77.4B 11% of world exports
World total: $710.3B Reported figures on UN Comtrade ↗
Top importers 2025 · share of world imports
- 1 Switzerland $209.2B 32% of world imports
- 2 Hong Kong $101.1B 15% of world imports
- 3 China $97.9B 15% of world imports
World total: $663.9B Reported figures on UN Comtrade ↗
How these figures are built
109 countries reported 2025 trade to UN Comtrade in HS 2022, and their own totals are used. Countries marked * did not, so their figures add up what other countries recorded trading with them, and their exports are valued at buyers' CIF prices. Those estimates miss trade with other non-reporting countries, so they can be low, and a non-reporting country can rank higher than shown or be missing from the list. World totals add both and leave out trade between two non-reporting countries. Figures are in current US dollars; reported imports are mostly valued CIF and exports FOB, and exports include re-exports. The UN Comtrade links show the underlying records; they can also list a few reporters left out here (regional groups and older HS editions).
Source: UN Comtrade (United Nations Statistics Division), 2025 annual data.
Brazil NCM codes for 7108.12 2
Brazil splits HS 7108.12 into 2 NCM codes, Mercosur's 8-digit tariff lines.
- 7108.12.10 Doré bullion, unwrought non-monetary goldBulhão dourado (bullion doré)
- 7108.12.90 Other unwrought non-monetary goldOutras
All Brazil NCM codes in heading 71.08 →
Source: Siscomex NCM table, updated Oct 2026. The Portuguese text is official; the English is our translation.
Questions about HS 7108.12
What is HS code 710812?
HS code 710812 is a 6-digit subheading in the Harmonized System that covers: Metals; gold, non-monetary, unwrought (but not powder). This category encompasses non-monetary gold in its unwrought form, meaning raw, unworked gold typically found as ingots, bars, grains, or lumps, but specifically excluding powder. This is the foundational form for industrial gold, serving as a primary raw material for jewelry manufacturing, electronics, dentistry, and other high-tech applications. It is distinct from monetary gold, which is held by central banks or for investment purposes. Major importers are countries with large jewelry industries, significant electronics manufacturing, or those acting as refining and distribution hubs for industrial gold. Exporters are predominantly gold-mining nations and countries with advanced gold refining capabilities. Key aspects of trade include purity standards (e.g., 999.9 fine gold), weight, and certification by recognized refiners. The global market for unwrought non-monetary gold is influenced by industrial demand, economic growth, and the overall supply from mining and recycling, making it a crucial commodity in global trade.
What products fall under HS code 710812?
Gold ingots, gold bars, gold grains, gold shot, gold anodes, gold bullion (non-monetary), gold granules
What are common misclassifications for HS code 710812?
This code is differentiated from 710820 (Monetary gold) by its non-monetary status and from 710813 (Semi-manufactured non-monetary gold) by its unwrought form.
Which countries are the top exporters of goods under HS code 710812?
In 2025, the top exporters of HS code 710812 in UN Comtrade data were Switzerland ($179.2B, 25% of world exports), the United Arab Emirates (about $114.0B) and Hong Kong ($77.4B). World exports came to about $710.3B, adding countries' reported figures and partner-based estimates for those that did not report (UN Comtrade data). Countries that did not report 2025 data are estimated from partner records, which can understate them.
Which countries are the top importers of goods under HS code 710812?
In 2025, the top importers of HS code 710812 in UN Comtrade data were Switzerland ($209.2B, 32% of world imports), Hong Kong ($101.1B) and China ($97.9B). World imports came to about $663.9B, adding countries' reported figures and partner-based estimates for those that did not report (UN Comtrade data). Countries that did not report 2025 data are estimated from partner records, which can understate them.
How is HS code 710812 structured?
HS code 710812 is a 6-digit subheading under the Harmonized System. The first 2 digits (71) identify the chapter, digits 3-4 (08) identify the heading, and digits 5-6 (12) specify the subheading. This code is standardized globally by the World Customs Organization.
What is the Brazil NCM code for HS code 710812?
Brazil splits HS code 710812 into 2 NCM codes: 7108.12.10 (Doré bullion, unwrought non-monetary gold), 7108.12.90 (Other unwrought non-monetary gold). The first 6 digits of each match the HS code.