New

Ask Wove anything about tariffs.

Try Tariff Assistant

Unwrought Platinum Bar

A solid bar of pure platinum in unwrought form, meaning it has not been worked into a finished shape beyond basic casting or rolling. Classified under HTS 7110.11.00 as unwrought platinum, per Chapter 71 notes defining platinum to include pure platinum without the six platinum group metals predominating in alloys.

Import Duty Rates by Country of Origin

Origin CountryMFN RateCh.99 SurchargesTotal Effective Rate
🇨🇳ChinaFree+25.0%25%
🇲🇽MexicoFree—Free
🇨🇦CanadaFree—Free
🇩🇪GermanyFree—Free
🇯🇵JapanFree—Free

Alternative Classifications

This product could be classified differently depending on its characteristics or intended use.

7110.19.00Same rate: 25%

If alloyed with predominating PGM metals

Alloys where iridium, osmium, etc., predominate by weight over platinum classify as other PGM unwrought per subheading note.

7106.91Lower: 15.5% vs 25%

If containing 2%+ gold but no platinum

Per Chapter note 5(b), gold-dominant precious metal alloys shift to unwrought silver/gold classification.

7110.41.00Same rate: 25%

If in powder form passing 0.5mm sieve

Powder form (90%+ through 0.5mm sieve) for rhodium classifies separately under 7110.41 per subheading note.

Not sure which classification is right?

The Tariff Assistant works through the GRI rules on your specific product to reach the right HTS code — and can price the duty on it in the same conversation.

Import Tips & Compliance

• Verify purity certificate showing 99.95%+ platinum content to confirm classification as unwrought platinum, excluding alloys

• Provide assay reports and origin documentation; common pitfall is misclassifying sponge or powder as unwrought bar

• Declare exact weight and form; ensure no secondary processing like hammering that shifts to semimanufactured