About HS Code 711029
This category includes palladium that has undergone initial processing beyond its raw state, appearing as wire, sheet, rod, or tube. These semi-manufactured forms are essential intermediate goods for various industrial applications worldwide. Major importers are manufacturers in the automotive sector (for catalytic converters), electronics (for multi-layer ceramic capacitors and connectors), and chemical industries (for catalysts). Exporters are typically nations with sophisticated refining and metallurgical industries capable of producing these specific forms. The trade in semi-manufactured palladium is driven by its unique catalytic properties, corrosion resistance, and electrical conductivity, making it indispensable in high-tech manufacturing and environmental control technologies. Its demand is closely tied to global automotive production and electronics trends, reflecting its critical role in modern industry.
Products Under This Code
Palladium wire, Palladium sheet, Palladium rod, Palladium tube, Palladium foil, Palladium strip, Palladium electrodes, Palladium mesh
Real World Examples
Johnson Matthey palladium wire, Heraeus palladium sheet, Umicore palladium tubing, Tanaka Kikinzoku palladium electrodes
Common Misclassification
This code can be confused with 711021 (palladium, unwrought or in powder form) if the level of processing is unclear, or with finished palladium-containing components found in other chapters, such as electronic parts (Chapter 85) or dental alloys (Chapter 90).
Products Classified Under 7110.29
Industry
This code belongs to the Gems & Jewelry industry.
Trade Overview
Germany, Japan, and the USA are significant importers, while the UK, Switzerland, and Russia are major exporters.
Frequently Asked Questions
What is HS code 711029?
HS code 711029 covers: Metals; palladium, semi-manufactured. This category includes palladium that has undergone initial processing beyond its raw state, appearing as wire, sheet, rod, or tube. These semi-manufactured forms are essential intermediate goods for various industrial applications worldwide. Major importers are manufacturers in the automotive sector (for catalytic converters), electronics (for multi-layer ceramic capacitors and connectors), and chemical industries (for catalysts). Exporters are typically nations with sophisticated refining and metallurgical industries capable of producing these specific forms. The trade in semi-manufactured palladium is driven by its unique catalytic properties, corrosion resistance, and electrical conductivity, making it indispensable in high-tech manufacturing and environmental control technologies. Its demand is closely tied to global automotive production and electronics trends, reflecting its critical role in modern industry.
What products fall under HS code 711029?
Palladium wire, Palladium sheet, Palladium rod, Palladium tube, Palladium foil, Palladium strip, Palladium electrodes, Palladium mesh
What are common misclassifications for HS code 711029?
This code can be confused with 711021 (palladium, unwrought or in powder form) if the level of processing is unclear, or with finished palladium-containing components found in other chapters, such as electronic parts (Chapter 85) or dental alloys (Chapter 90).
How is HS code 711029 structured?
HS code 711029 is a 6-digit subheading under the Harmonized System. The first 2 digits (71) identify the chapter, digits 3-4 (10) identify the heading, and digits 5-6 (29) specify the subheading. This code is standardized globally by the World Customs Organization.