Product classification
HS code for Platinum scrap: 7112.92
Waste and scrap of precious metals, of platinum, including metal clad with platinum but excluding sweepings containing other precious metals.
Classification of platinum scrap under HS 7112.92
Platinum scrap is classified under HS code 7112.92. This code is part of heading 7112, which covers waste and scrap of precious metal or of metal clad with precious metal, as well as other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal. Specifically, 7112.92 is designated for waste and scrap of platinum, including metal clad with platinum. This classification is essential for the global recycling and refining industry. To qualify for this code, the material must be in a condition that renders it fit only for the recovery of the metal or for use as a basis for the manufacture of chemicals. This includes worn-out industrial catalysts, broken jewelry, or manufacturing offcuts. The classification is driven by the intent of use and the physical state of the material, following the Section XIV notes which prioritize the recovery aspect of these materials over their original manufactured purpose.
- Covers
- Worn-out platinum laboratory crucibles
- Broken platinum jewelry intended for melting
- Platinum-clad metal offcuts and shavings
- Spent platinum-bearing catalysts (not on a support)
- Discarded platinum electrical contacts
- Also under 7112.92
- BASF (catalysts)
- Johnson Matthey (PGM recycling)
- Umicore (recycling)
- automotive scrap yards
- laboratory equipment suppliers
Codes often confused with 7112.92
Common mistake. A common misclassification occurs with HS code 7112.30, which is for ash containing precious metal (sweepings). While both are waste products, 7112.30 is specifically for the residues from the working of precious metals, whereas 7112.92 is for the scrap metal itself. Another error is classifying scrap under 7110.11 (unwrought platinum). While scrap is often melted into unwrought forms, the material must be classified as scrap (7112) until it has been refined and cast into a primary form. Finally, spent catalysts on a support (like a ceramic honeycomb) are often classified under 3815.12, though they may be moved to 7112 if they are being traded solely for metal recovery.
Top exporters and importers of HS 711292 (the code used for platinum scrap), 2025
In 2025, the largest exporter of HS 711292 (the code used for platinum scrap) in UN Comtrade data was the United States, with 20% of world exports; the largest importer in UN Comtrade data was Germany, 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 711292, not only platinum scrap.
Top exporters 2025 · share of world exports
- 1 United States $1.1B 20% of world exports
- 2 Germany $864M 16% of world exports
- 3 United Kingdom $680M 12% of world exports
World total: $5.5B Reported figures on UN Comtrade ↗
Top importers 2025 · share of world imports
- 1 Germany $2.3B 29% of world imports
- 2 Japan $1.3B 17% of world imports
- 3 United States $1.2B 15% of world imports
World total: $8.0B 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 code for platinum scrap
Brazil classifies platinum scrap under NCM 7112.92.00: HS 7112.92 with 00 added.
Source: Siscomex NCM table, updated Oct 2026. The Portuguese text on each NCM page is the official one.
Questions about platinum scrap
What is the HS code for Platinum scrap?
The HS code for Platinum scrap is 711292 (Waste and scrap of precious metals; of platinum, including metal clad with platinum but excluding sweepings containing other precious metals). The HS code for platinum scrap, including metal clad with platinum, is 7112.92.
How do I classify Platinum scrap for customs?
Platinum scrap is classified under HS code 711292 — Waste and scrap of precious metals; of platinum, including metal clad with platinum but excluding sweepings containing other precious metals. This is a 6-digit subheading level code.
Can broken platinum jewelry be classified as scrap?
Yes, if the jewelry is broken or worn to the point of being unusable and is being sold for its metal value for refining, it is classified under 7112.92.
Which countries are the top exporters of platinum scrap (HS 711292)?
In 2025, the top exporters of HS 711292 (the code used for platinum scrap) in UN Comtrade data were the United States ($1.1B, 20% of world exports), Germany ($864M) and the United Kingdom ($680M). World exports came to about $5.5B, 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 scrap (HS 711292)?
In 2025, the top importers of HS 711292 (the code used for platinum scrap) in UN Comtrade data were Germany ($2.3B, 29% of world imports), Japan ($1.3B) and the United States ($1.2B). World imports came to about $8.0B, 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 scrap the same in all countries?
The base HS code 711292 for Platinum scrap 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 scrap in Brazil?
In Brazil, platinum scrap (HS 711292) is classified under NCM 7112.92.00.