Product classification
HS code for Silver bars: 7106.92
Metals, silver, semi-manufactured.
Classification of silver bars under HS 7106.92
Silver bars that have undergone mechanical working beyond the initial casting stage are classified under HS code 7106.92. This code falls under Chapter 71, which governs natural or cultured pearls, precious or semi-precious stones, and precious metals. The classification specifically refers to "semi-manufactured" silver. In the context of the Harmonized System, semi-manufactured products include bars, rods, profiles, wire, plates, sheets, and strips that have been produced by processes such as rolling, drawing, extruding, or forging. For a silver bar to be classified under 7106.92, it must have been worked to a specific shape or dimension that exceeds the definition of "unwrought." This distinction is critical because it separates industrial or commercial silver products from primary refinery products. The classification is based on the physical state of the metal and the degree of processing it has received, ensuring that value-added silver products are distinguished from raw bullion used for investment or further smelting.
- Covers
- Rolled silver bars
- Drawn silver rods
- Silver profiles for industrial use
- Silver wire of any cross-sectional shape
- Silver strips and sheets
- Also under 7106.92
- Cooksongold silver sheet
- Rio Grande silver wire
- Legor Group silver alloys
- United Precious Metals Refining silver strip
- Argor-Heraeus silver blanks
Codes often confused with 7106.92
Common mistake. The most frequent misclassification occurs with HS code 7106.91, which is for unwrought silver. If a silver bar is simply cast into a mold and not further worked, it belongs in 7106.91. Conversely, if the silver bar is part of a finished piece of jewelry, it must be classified under 7113. Confusion also arises with 7114.11, which covers silversmiths' wares; however, 7114 is for finished articles like bowls or trophies, not for intermediate semi-manufactured shapes like bars or rods.
Top exporters and importers of HS 710692 (the code used for silver bars), 2025
In 2025, the largest exporter of HS 710692 (the code used for silver bars) in UN Comtrade data was Australia, with 13% of world exports; the largest importer in UN Comtrade data was India, with 61% 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 710692, not only silver bars.
Top exporters 2025 · share of world exports
- 1 Australia $730M 13% of world exports
- 2 Japan $560M 9.8% of world exports
- 3 United States $543M 9.5% of world exports
World total: $5.7B Reported figures on UN Comtrade ↗
Top importers 2025 · share of world imports
- 1 India $8.3B 61% of world imports
- 2 United States $967M 7.1% of world imports
- 3 Canada $619M 4.6% of world imports
World total: $13.6B 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 silver bars
Brazil splits HS 7106.92 into 3 NCM codes. Pick the one that matches your product:
- 7106.92.10Silver bars, wire and solid profiles
- 7106.92.20Silver plates, sheets, foil and strip
- 7106.92.90Other semi-manufactured silver
Source: Siscomex NCM table, updated Oct 2026. The Portuguese text on each NCM page is the official one.
Questions about silver bars
What is the HS code for Silver bars?
The HS code for Silver bars is 710692 (Metals; silver, semi-manufactured). Silver bars that are semi-manufactured (rolled or drawn) are classified under HS code 7106.92, while cast, unwrought bars are under 7106.91.
How do I classify Silver bars for customs?
Silver bars is classified under HS code 710692 — Metals; silver, semi-manufactured. This is a 6-digit subheading level code.
What defines a silver bar as semi-manufactured?
A silver bar is semi-manufactured if it has been subjected to mechanical working such as rolling, drawing, or forging to achieve a specific profile or thickness.
Which countries are the top exporters of silver bars (HS 710692)?
In 2025, the top exporters of HS 710692 (the code used for silver bars) in UN Comtrade data were Australia ($730M, 13% of world exports), Japan ($560M) and the United States ($543M). World exports came to about $5.7B, 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 silver bars (HS 710692)?
In 2025, the top importers of HS 710692 (the code used for silver bars) in UN Comtrade data were India ($8.3B, 61% of world imports), the United States ($967M) and Canada ($619M). World imports came to about $13.6B, 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 Silver bars the same in all countries?
The base HS code 710692 for Silver 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 silver bars in Brazil?
Brazil splits HS 710692 into 3 NCM codes, so the right one for silver bars depends on the product's details: 7106.92.10 (Silver bars, wire and solid profiles), 7106.92.20 (Silver plates, sheets, foil and strip), 7106.92.90 (Other semi-manufactured silver).