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🇺🇸 United States
🇱🇦 Lao People's Democratic Republic
📦 Fitness equipment, with pivoting handles and foot pedals that perform alternating movements which combine the motions of a stepper and an elliptical machine, driving simultaneously a radial fan and magnetic brake in the base, equipped with an electronic control console capable of the wireless exchange of data, with backlit LCD display and heart rate monitor (provided for in subheading 9506.91.00)
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United States to Lao People's Democratic Republic Trade Analysis for Fitness equipment, with pivoting handles and foot pedals that perform alternating movements which combine the motions of a stepper and an elliptical machine, driving simultaneously a radial fan and magnetic brake in the base, equipped with an electronic control console capable of the wireless exchange of data, with backlit LCD display and heart rate monitor (provided for in subheading 9506.91.00)

Detailed tariff information for Fitness equipment, with pivoting handles and foot pedals that perform alternating movements which combine the motions of a stepper and an elliptical machine, driving simultaneously a radial fan and magnetic brake in the base, equipped with an electronic control console capable of the wireless exchange of data, with backlit LCD display and heart rate monitor (provided for in subheading 9506.91.00) imports

Fitness equipment, with pivoting handles and foot pedals that perform alternating movements which combine the motions of a stepper and an elliptical machine, driving simultaneously a radial fan and magnetic brake in the base, equipped with an electronic control console capable of the wireless exchange of data, with backlit LCD display and heart rate monitor (provided for in subheading 9506.91.00) Tariff Rate

HS Code:

7%
Effective January 1, 2023
View general trade relationship between United States and Lao People's Democratic Republic

Trade Volume

Value
USD 150,000
Year
2022
Trend
Increasing due to growing demand for fitness equipment in Lao PDR

Special Rates

ASEAN Free Trade Area (AFTA)
0%
Applicable to goods originating from ASEAN member states with proper Certificate of Origin (Form D)

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Laos Trade Agreement Boosts Fitness Equipment Exports
A recent bilateral trade agreement between the United States and Lao People's Democratic Republic has reduced tariffs on fitness equipment, including items under HS Code 9506.91.00, such as advanced elliptical-stepper hybrids with electronic control consoles. This has led to a surge in exports from Laos to the US.
2023-10-15
Impact: Positive impact on trade with reduced tariffs expected to increase the volume of fitness equipment imports from Laos to the US, benefiting manufacturers in Laos and retailers in the US.
New US Import Quotas on Fitness Equipment from Laos
The US has introduced temporary import quotas on specific fitness equipment categories, including those with pivoting handles and foot pedals under HS Code 9506.91.00, to balance domestic production. This affects shipments from Lao PDR.
2023-09-20
Impact: Negative short-term impact as quotas may limit the volume of imports from Laos, potentially increasing costs for US buyers and reducing market access for Lao exporters.
Laos Expands Manufacturing Capacity for High-Tech Fitness Gear
Lao PDR has seen a rise in investment in manufacturing facilities for fitness equipment, particularly for advanced models with radial fans, magnetic brakes, and wireless data exchange capabilities under HS Code 9506.91.00, targeting the US market.
2023-08-05
Impact: Positive long-term impact as increased production capacity in Laos could lead to higher export volumes to the US, assuming demand remains steady and trade barriers are minimized.
Policy Updates
US Tariff Reduction on Fitness Equipment from Laos
The US Trade Representative announced a tariff reduction on fitness equipment under HS Code 9506.91.00 imported from Lao PDR as part of a broader trade facilitation agreement. This policy aims to strengthen economic ties and support mutual market access.
Date: 2023-10-10
Laos Introduces Export Incentives for Fitness Equipment
The Lao government has rolled out tax incentives and subsidies for exporters of fitness equipment, including those classified under HS Code 9506.91.00, to encourage production and boost trade with key markets like the United States.
Date: 2023-09-01