Product classification
HS code for Platinum bars: 7110.19
Metals, platinum, semi-manufactured.
Classification of platinum bars under HS 7110.19
Platinum bars are classified under HS code 7110.19 when they are in a "semi-manufactured" state. In the context of precious metals, semi-manufactured refers to products that have undergone some degree of processing beyond simple casting or sintering but are not yet finished articles like jewelry. This includes bars that have been rolled, drawn, or extruded. Heading 7110 covers platinum and its alloys, while subheading 7110.19 specifically excludes unwrought forms or powders. The classification is vital for the trade of bullion and industrial-grade platinum used in chemical or electrical applications. It requires precise metallurgical testing to ensure the platinum content meets the definitions provided in the Chapter 71 notes, which specify that platinum includes iridium, osmium, palladium, rhodium, and ruthenium for certain classification purposes. These bars are typically traded based on their weight and purity, often reaching 99.9% fineness, and are used as both an investment vehicle and a raw material for high-tech manufacturing.
- Covers
- Rolled platinum bars for industrial use
- Semi-finished platinum rods and profiles
- Platinum alloy bars (where platinum predominates)
- Extruded platinum rectangular bars
- Platinum sheets or strips in semi-manufactured form
- Also under 7110.19
- Johnson Matthey platinum wire
- Heraeus platinum sheet
- Umicore platinum tubing
- Tanaka Kikinzoku platinum electrodes
Codes often confused with 7110.19
Common mistake. Platinum bars are often misclassified under 7110.11, which is strictly for unwrought platinum or platinum in powder form (such as cast bars that have not been further worked). They may also be confused with 7113.19 if they are intended for jewelry but have already been shaped into specific settings. If the bar is made of palladium or another platinum-group metal where that metal predominates over platinum, it would fall under different subheadings within 7110.
Top exporters and importers of HS 711019 (the code used for platinum bars), 2025
In 2025, the largest exporter of HS 711019 (the code used for platinum bars) in UN Comtrade data was South Africa, with 30% of world exports; the largest importer in UN Comtrade data was the United Kingdom, with 29% of world imports. Countries that did not report 2025 data are estimated from partner records, which can understate them.
Figures cover everything classified under HS 711019, not only platinum bars.
Top exporters 2025 · share of world exports
- 1 South Africa $2.9B 30% of world exports
- 2 United Kingdom $2.1B 22% of world exports
- 3 Thailand $766M 8.0% of world exports
World total: $9.5B Reported figures on UN Comtrade ↗
Top importers 2025 · share of world imports
- 1 United Kingdom $2.2B 29% of world imports
- 2 India $1.7B 22% of world imports
- 3 United States $1.2B 15% of world imports
World total: $7.8B 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 that did not report are estimated from what other countries recorded trading with them. 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 platinum bars
Brazil splits HS 7110.19 into 2 NCM codes. Pick the one that matches your product:
- 7110.19.10Platinum bars, wire and solid-section profiles
- 7110.19.90Other semi-manufactured platinum
Source: Siscomex NCM table, updated Oct 2026. The Portuguese text on each NCM page is the official one.
Questions about platinum bars
What is the HS code for Platinum bars?
The HS code for Platinum bars is 711019 (Metals; platinum, semi-manufactured). The HS code for semi-manufactured platinum bars is 7110.19.
How do I classify Platinum bars for customs?
Platinum bars is classified under HS code 711019 — Metals; platinum, semi-manufactured. This is a 6-digit subheading level code.
What is the difference between unwrought and semi-manufactured bars?
Unwrought bars (7110.11) are typically cast or sintered without further processing, while semi-manufactured bars (7110.19) have been rolled, drawn, or worked after initial casting.
Which countries are the top exporters of platinum bars (HS 711019)?
In 2025, the top exporters of HS 711019 (the code used for platinum bars) in UN Comtrade data were South Africa ($2.9B, 30% of world exports), the United Kingdom ($2.1B) and Thailand ($766M). World exports came to about $9.5B, 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 platinum bars (HS 711019)?
In 2025, the top importers of HS 711019 (the code used for platinum bars) in UN Comtrade data were the United Kingdom ($2.2B, 29% of world imports), India ($1.7B) and the United States ($1.2B). World imports came to about $7.8B, 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.
Is the HS code for Platinum bars the same in all countries?
The base HS code 711019 for Platinum bars is internationally standardized for the first 6 digits across 200+ countries. Individual countries may add additional digits for national tariff lines and specific classifications.
What is the NCM code for platinum bars in Brazil?
Brazil splits HS 711019 into 2 NCM codes, so the right one for platinum bars depends on the product's details: 7110.19.10 (Platinum bars, wire and solid-section profiles), 7110.19.90 (Other semi-manufactured platinum).