Vietnam's gemstone and precious metals industry has emerged as one of Southeast Asia's fastest-growing trade segments. Under HS Code 71, which covers natural and cultured pearls, precious and semi-precious stones, precious metals, jewelry, and coins, Vietnam continues to strengthen its position as a regional hub for gemstone processing, jewelry manufacturing, and luxury retail. 

According to the Vietnam import data by HS Code 71, Vietnam's imports of pearls, precious stones, metals, and coins reached approximately $844.23 million, highlighting the country's growing demand for gemstones and jewelry-related raw materials. 

What is HS Code 71?

HS Code 71 is the specific number or chapter that an HS defines the product name and category of. An HS Code can be one or two digits, but it further classifies in subchapters up to 6 digits. HS Code 71 defines the category of the precious stones and metals; it also further classifies them into various subcategories.

The products included in this HS code are

• Natural and cultured pearls
• Diamonds
• Precious and semi-precious stones
• Gold, silver, and platinum
• Jewelry and jewelry parts
• Imitation jewelry
• Precious metal articles and coins

Import Data of Vietnam by HS Code 71

Under the category of HS Code 71, it includes various subchapters. Under this category, Vietnam imports various types of products, but some products imported by Vietnam on a heavy basis are as follows: 

• Gold and Precious metals (HS Code 7108)

This product is one of the largest imports in the category of HS Code 71. It holds 38.5% of imports in total imports of the precious metals and stones category, as Vietnam imports $515 million worth. Gold is the top and dominating product under this category, which was imported by Vietnam.

• Diamonds (HS Code 7102)

Diamonds come under sub-chapter 7102. Vietnam uses these products generally in jewelry, luxurious products, etc. According to the Vietnam import data, Vietnam imports $240 million, which covers 24.1% of the total imports of this category.

• Precious and Semi-Precious Stonnes (HS Code 7104)

The major products included in this category were sapphire, ruby, emerald, topaz, and garnet. These products hold 15.9% of imports from the total imports of this category by Vietnam. Vietnam imports approximately $220 million worth of this product.

• Jwellary (HS Code 7113)

According to the Vietnam import data, Vietnam's total import of this product was $170 million. This product captures 12.1% of the total import of precious stones and metals imported by Vietnam. This type of product generally includes

1. Necklace
2. Earrings
3. Bracelets
4. Rings

• Silver Products (HS Code 7106)

It is also one of the products that come under this category and are significantly imported by the Vietnamese. This product was imported at the value of $129 million, and it holds 5.6% of the total imports of the HS Code 71 imported by Vietnam.

Market of Vietnam Gemstones

According to the Vietnam Gemstone Import, Vietnam is known as the top importer of the precious stones and metals, or gemstones, in North Asia. It imports these products on a heavy basis. The market size of the Vietnam gemstone market was $1.8 billion, with 10% growth annually year-on-year. 

• Trends that shape the Vietnam gemstone market

1. Digital Jewelry Retailing
2. Sustainable and Ethical Sourcing
3. Demand for Personalized Jewelry
4. Premiumization

Conclusion

Vietnam Import Data by HS Code 71 reveals a dynamic and expanding gemstone trade sector. With imports valued at over $844.23 million, diamonds and gold dominate the market, accounting for more than 72% of total HS Code 71 imports. Recent 2025 trade figures also indicate resilient demand, supported by jewelry manufacturing, luxury consumption, and export-oriented production.

Due to the high demand for precious stones and metals in Vietnam for customized and various jewelry, Vietnam annually imports these products heavily. 

For the latest update on Vietnam import-export data and to search Vietnam import records by HS Code 71, you can contact info@tradeimex.in & get customized data for businesses.