2022 NAICS national industry in sector 42 Wholesale Trade

423940 Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers

NAICS 423940 is the US industry code for jewelry, watch, precious stone, and precious metal merchant wholesalers. It covers establishments primarily engaged in the merchant wholesale distribution of jewelry, precious and semiprecious stones, precious metals and metal flatware, costume jewelry, watches, clocks, silverware, and/or jewelers' findings.

Code
423940 (2022 NAICS)
Title
Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
Part of
Miscellaneous Durable Goods Merchant Wholesalers
SBA small business limit
Up to 125 employees
Closest UK SIC
46491, 46499, 46690 (details)

Changes coming. The NAICS 2027 revision applies to data from 1 January 2027, and SBA proposed new size standards on 20 August 2026. The values on this page are the ones in force today; we update this page when the official files change.

Official definition

This industry comprises establishments primarily engaged in the merchant wholesale distribution of jewelry, precious and semiprecious stones, precious metals and metal flatware, costume jewelry, watches, clocks, silverware, and/or jewelers' findings.

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 423940

The Census index assigns these 24 activities to this code. If your business matches one, this is your code.

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 423940

To count as a small business for SBA loans and federal contracts under NAICS 423940, your business (including affiliates) must not exceed 125 employees. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 4649, 4669), so treat them as a starting point and check the definition.

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

Data last changed November 14, 2026. How this page is built.