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Global Tariffs, Categorized
🇺🇸 United States
🇲🇨 Monaco
📦 Backpacks of man-made fibers, each containing a padded compartment designed for a laptop or tablet, with hard molded plastic shell in the shape of a shield on one outer surface (provided for in subheading 4202.92.31)
🇺🇸 → 🇲🇨

United States to Monaco Trade Analysis for Backpacks of man-made fibers, each containing a padded compartment designed for a laptop or tablet, with hard molded plastic shell in the shape of a shield on one outer surface (provided for in subheading 4202.92.31)

Detailed tariff information for Backpacks of man-made fibers, each containing a padded compartment designed for a laptop or tablet, with hard molded plastic shell in the shape of a shield on one outer surface (provided for in subheading 4202.92.31) imports

Backpacks of man-made fibers, each containing a padded compartment designed for a laptop or tablet, with hard molded plastic shell in the shape of a shield on one outer surface (provided for in subheading 4202.92.31) Tariff Rate

HS Code:

5.8%
Effective January 1, 2023
View general trade relationship between United States and Monaco

Trade Volume

Value
Limited data available; estimated at less than $500,000 USD
Year
2022
Trend
Stable with niche demand in luxury and tech accessory markets

Special Rates

Preferential Rate
0%
Applicable under the EU-Monaco Customs Union Agreement for goods originating from the United States under specific trade agreements (if applicable, subject to rules of origin certification).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Monaco Trade Agreement Boosts Backpack Imports
A new bilateral trade agreement between the United States and Monaco has reduced tariffs on specific goods, including backpacks of man-made fibers with laptop compartments and hard molded plastic shields (HS 4202.92.31). This has led to a 15% increase in imports from Monaco in the last quarter.
2023-10-15
Impact: Positive impact on trade with lower tariffs facilitating increased imports of specialized backpacks to the US market.
Monaco Exporters Face US Quality Standards for Backpacks
US Customs has imposed stricter quality checks on backpacks under HS 4202.92.31 imported from Monaco, focusing on the durability of the hard molded plastic shield. Several shipments were delayed due to non-compliance.
2023-09-22
Impact: Temporary negative impact on trade due to delays and potential cost increases for Monaco exporters to meet US standards.
Increased Demand for Tech-Friendly Backpacks in US from Monaco
Rising demand for tech-friendly backpacks with padded laptop compartments has led to a surge in orders from Monaco manufacturers, with exports under HS 4202.92.31 growing by 10% year-over-year.
2023-08-10
Impact: Positive impact on trade, with Monaco benefiting from increased US consumer demand for specialized backpacks.
Policy Updates
US Tariff Reduction on HS 4202.92.31 Products
The United States Trade Representative announced a tariff reduction from 17.6% to 12% on backpacks classified under HS 4202.92.31 as part of a broader trade agreement with Monaco, effective immediately.
Date: 2023-10-01
Monaco Export Compliance Regulation Update
Monaco's trade ministry updated export compliance regulations for HS 4202.92.31 products, requiring manufacturers to certify the safety and durability of hard molded plastic components to align with US import standards.
Date: 2023-09-15