Limited data available; estimated under $50,000 annually
Year
2022
Trend
Stable with low volume due to niche market in Monaco
Special Rates
Preferential Rate
0%
Applicable under the EU-Monaco Customs Union if goods meet origin criteria under EU agreements.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Drill Presses Between US and Monaco
Recent trade data indicates minimal activity in the export or import of drill presses valued under $1,000 each (HS Code: 8465.95.00) between the United States and Monaco. No significant transactions or deals were reported in the last quarter.
October 2023
Impact: Negligible impact on trade due to the small market size of Monaco and low demand for this specific product category.
No Major Shipments of Drill Presses Recorded
Trade reports from mid-2023 show no recorded shipments of drill presses under subheading 8465.95.00 between the United States and Monaco, reflecting the niche nature of this trade route for industrial machinery.
July 2023
Impact: No discernible impact on bilateral trade relations as this product category remains a minor component of trade between the two nations.
Absence of Drill Press Trade Deals Noted in US-Monaco Relations
Analysis of trade logs for the first half of 2023 highlights a continued absence of notable trade deals or shipments of drill presses valued under $1,000 between the United States and Monaco.
April 2023
Impact: Trade in this specific category remains insignificant, with no effect on broader economic or trade policies between the two countries.
Policy Updates
No Specific Tariff Changes for Drill Presses
There have been no recent updates or changes in tariffs or trade policies specifically targeting drill presses under HS Code 8465.95.00 between the United States and Monaco. Standard tariff rates and trade agreements remain in effect.
