Wholesale & Export

Jewelry Wholesale & Export: Complete International Trade Guide

Jewelry Guide Team

Key Takeaways

HS codes: Gold 7113.19, Silver 7113.11. US FTC: treatment disclosure + country of origin marking. EU REACH: Ni ≤0.5 μg/cm²/week. Kimberley Process Certificate for rough diamonds. Standard terms: 30% deposit + 70% before shipment. Always insure at full replacement value. L/C for first transactions. FTAs may eliminate duties.

Wholesaling jewelry internationally means navigating different expectations across markets. American buyers typically want 14K gold, marked in karats, with FTC-compliant disclosures. European buyers want 18K gold with nickel-release certification under EN 1811. Middle Eastern buyers want 21K or 22K gold, often in traditional designs. Each market operates by its own rules.

Pricing for wholesale requires understanding the full cost structure. The factory price is just the beginning. Add international freight, insurance, import duties (typically 5 to 8 percent for jewelry depending on HS code and destination), customs brokerage, local delivery, and payment processing fees. A piece that costs $20 at the factory can land at $28 to $35 depending on the destination.

The standard wholesale markup from factory to retailer is 2.0 to 2.5 times. A piece that costs the wholesaler $30 landed should wholesale for $60 to $75. The retailer then marks up 2.0 to 3.0 times to reach the retail price of $120 to $225. These are guidelines, not rules — premium brands command higher markups; commodity products have thinner margins.

Payment terms evolve with relationship maturity. First transactions typically require full payment upfront or 50 percent deposit with 50 percent before shipment. After a track record of successful transactions, terms may progress to 30 percent deposit with Net 30 on the balance. Letters of credit provide security for both parties in larger transactions.

Documentation is non-negotiable for international wholesale. Every shipment requires a commercial invoice, packing list, and airway bill or bill of lading. Certificate of origin may be required for preferential tariff treatment. Material test reports should accompany every significant order. Compliance certificates are mandatory for the EU and increasingly requested elsewhere. Build documentation into your workflow from the start.