HS 7108Metals & Minerals · Mexico

Gold - Unwrought - HS 7108 classification, duty and landed cost - Import into Mexico

Duty and tax snapshot for importing metals & minerals (HS 7108) into Mexico. Typical MFN duty ~0%, IVA 16% on CIF + duty. Decision-support only - confirm the 10-digit line and preferential status with your broker.

Typical duty

IVA

16%

Total taxes / CIF

16.9%

Worked landed-cost example

USD 500,000 FOB parcel of metals & minerals (HS 7108) shipped to Mexico.

FOB valueUSD 500,000

Origin chargesUSD 7,500

FreightUSD 40,000

InsuranceUSD 2,500

CIFUSD 550,000

Import duty @ 0%USD 0

DTA (0.8%)USD 4,400

IVA @ 16%USD 88,704

Destination inlandUSD 10,000

Landed cost ≈ USD 653,104

Run your own numbers in the Landed Cost by HS & Country tool.

Sample HS codes

Code	Description
7108.12	Gold in unwrought forms, non-monetary

Mexico duty regime

IGI (General Import Tax) under TIGIE + 0.8% DTA. Zero-duty preferential access under USMCA (T-MEC), CPTPP, updated Mexico-EU FTA (2024) and 12+ bilateral FTAs.

Customs notes

· TIGIE: 8-digit code (HS 6 + 2 national digits) managed by SAT/ANAM.
· IMMEX / Maquiladora programme allows temporary duty-free import of inputs for re-export - key driver of Mexican manufacturing.
· PROSEC schemes reduce IGI on inputs for specific industries (electronics, auto, textile).
· USMCA (T-MEC): 75% RVC for autos plus labour value content test; yarn-forward rules for textiles.

Frequently asked questions

What is the typical import duty on metals & minerals (HS 7108) into Mexico?

Mexico applies an MFN duty of about 0% on HS chapter 7108 at the 6-digit line. National tariff schedules add 2–4 further digits, so the exact rate can shift once you confirm the 8- or 10-digit code. Preferential rates under FTAs (IGI (General Import Tax) under TIGIE + 0) may reduce this to 0% for qualifying origins.

How is IVA calculated on imports of metals & minerals in Mexico?

Mexico charges IVA at 16% on the CIF value plus duty. IGI + 0.8% DTA + 16% IVA

What is the landed cost of a USD 500,000 FOB shipment of metals & minerals into Mexico?

On a USD 500,000 FOB parcel with ~8% freight and 0.5% insurance, CIF works out to USD 550,000. Applying 0% duty and 16% IVA brings total taxes to about USD 93,104 (~16.9% of CIF). Landed at buyer's warehouse ≈ USD 653,104.

Which HS code should I use for metals & minerals in Mexico?

Start with the 6-digit international HS heading - for example 7108.12 (Gold in unwrought forms, non-monetary). Mexico customs then requires the full national code (8- to 10-digit national tariff line). Confirm the exact line with your licensed customs broker before filing.

Which Incoterm is best for shipping metals & minerals to Mexico?

Most importers into Mexico prefer CIF or CFR for sea freight so the seller arranges main-carriage transport, while retaining control of destination clearance. DDP shifts import duty and IVA to the seller - attractive to buyers but often priced with a risk premium. Compare all 11 Incoterms with our Landed Cost by HS & Country tool.

What documents does Mexico customs need to clear HS 7108?

TIGIE: 8-digit code (HS 6 + 2 national digits) managed by SAT/ANAM. Regulated commodities may also require a health certificate, phytosanitary certificate or import licence depending on the exact HS line.