Diamonds Import Duty & Landed Cost: Thailand to Vietnam
Full 2026 tariff breakdown, customs duty calculations, and compliance alerts for importing into Vietnam.
2026 Tariff & Cost Breakdown for Importing Diamonds
The total cost of importing Diamonds from Thailand to Vietnam in 2026 includes a 0% duty and 10% VAT based on the CIF value in USD. This means that for every $100 of CIF value, the importer will pay $10 in VAT, resulting in a total cost of $110.
Cost Breakdown
| Component | Rate | Amount |
|---|---|---|
| Product Value | — | EUR 0.33 |
| Shipping | — | EUR 0.00 |
| Insurance | — | EUR 0.00 |
| CIF Value | — | EUR 0.33 |
| Customs Duty | 0% | EUR 0.00 |
| VAT/GST | 10% | EUR 0.03 |
| Total Landed Cost | — | EUR 0.36 |
HS Code Classification for Diamonds
Primary HS Code: 7102.100000 — What It Covers
HS Code 7102.100000 covers Diamonds that are imported from Thailand to Vietnam, and General Department of Customs of Vietnam requires accurate classification to avoid penalties.
Why Misclassification Carries Risk in Vietnam
Misclassifying Diamonds under the wrong HS Code can result in fines and potential confiscation of goods in Vietnam, emphasizing the need for correct classification.
Step-by-Step Guide: Importing Diamonds from Thailand to Vietnam
Step 1: Verify Your HS Code & Product Description
Importers must verify the HS Code 7102.100000 and product description for Diamonds to ensure compliance with General Department of Customs of Vietnam regulations.
Step 2: Gather Required Import Documents
Kimberley Process Certification is required for importing Diamonds from Thailand to Vietnam, in addition to other standard import documents.
Commercial Invoice Requirements
A commercial invoice must include the CIF value in USD, HS Code 7102.100000, and other relevant details for Diamonds imports.
Certificate of Origin
A Certificate of Origin is required to claim preferential tariffs under the ASEAN Trade in Goods Agreement (ATIGA) for Diamonds imported from Thailand.
Packing List & Shipping Documents
A detailed packing list and shipping documents must be prepared for Diamonds imports, including the HS Code and country of origin.
Step 3: Calculate Your Landed Cost
The landed cost of Diamonds is calculated as CIF + Duty (0%) + VAT (10%) = Total, where CIF is the cost of the goods in USD, and duty is 0% due to the ATIGA agreement.
Step 4: Submit to Vietnam Customs Authority
Importers must submit all required documents, including the commercial invoice and Certificate of Origin, to the General Department of Customs of Vietnam for clearance.
Step 5: Pay Duties & Clear Goods
After submitting the required documents, importers must pay the applicable VAT (10%) and clear the Diamonds through General Department of Customs of Vietnam to take delivery of the goods.
How to Legally Reduce Duty on Diamonds Imports into Vietnam
Applicable Free Trade Agreements in 2026
The ASEAN Trade in Goods Agreement (ATIGA) is an applicable free trade agreement for Diamonds imports from Thailand to Vietnam, providing a 0% duty rate.
Duty Deferral Options: Bonded Warehouses & FTZs
General Department of Customs of Vietnam allows the use of bonded warehouses and Free Trade Zones (FTZs) to defer duty payments for Diamonds imports.
Preferential Tariff Programs
Importers can take advantage of preferential tariff programs under the ATIGA agreement to reduce or eliminate duties on Diamonds imports from Thailand.
Vietnam Customs Compliance Rules for Diamonds
General Department of Customs of Vietnam Requirements for Diamonds
General Department of Customs of Vietnam requires importers to comply with regulations on the import of precious stones, including Diamonds, which involves obtaining a license from the Ministry of Finance of Vietnam.
De Minimis Threshold
The de minimis threshold for Diamonds imports into Vietnam is $1000 USD, below which no duties or taxes are payable, but still subject to General Department of Customs of Vietnam regulations.
Frequently Asked Questions About Diamonds Import Duty from Thailand to Vietnam
What is the duty rate for Diamonds imported from Thailand to Vietnam in 2026?
The duty rate for Diamonds imported from Thailand to Vietnam in 2026 is 0% under the ATIGA agreement. General Department of Customs of Vietnam requires accurate classification to avoid penalties.
What is the VAT rate for Diamonds imports in Vietnam?
The VAT rate for Diamonds imports in Vietnam is 10% of the CIF value in USD.
Do I need a license to import Diamonds into Vietnam?
Yes, importers need to obtain a license from the Ministry of Finance of Vietnam to import Diamonds into Vietnam, as required by General Department of Customs of Vietnam.
Can I use a bonded warehouse to store Diamonds in Vietnam?
Yes, General Department of Customs of Vietnam allows the use of bonded warehouses to store Diamonds in Vietnam, which can help defer duty payments.
What is the Kimberley Process Certification, and is it required for Diamonds imports?
The Kimberley Process Certification is a certification scheme that regulates the trade of rough Diamonds, and it is required for importing Diamonds from Thailand to Vietnam.
How do I calculate the landed cost of Diamonds imports from Thailand to Vietnam?
The landed cost of Diamonds is calculated as CIF + Duty (0%) + VAT (10%) = Total, where CIF is the cost of the goods in USD, and duty is 0% due to the ATIGA agreement.