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Global Tariffs, Categorized

🇺🇸 United States
🇲🇨 Monaco
📦 Fitness equipment, each unit with pivoting handles and foot pedals with steel footbeds to allow the user to perform alternating movements (whether or not also with stationary handles), combining the motions of a stepper and an elliptical machine, and driving simultaneously a radial fan and magnetic brake in the base; with an electronic control console having a backlit liquid crystal display/light-emitting diode (LCD/LED) display and capable of the wireless exchange of data; having an integrated heart rate monitor with optional chest strap (provided for in subheading 9506.91.00)
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United States to Monaco Trade Analysis for Fitness equipment, each unit with pivoting handles and foot pedals with steel footbeds to allow the user to perform alternating movements (whether or not also with stationary handles), combining the motions of a stepper and an elliptical machine, and driving simultaneously a radial fan and magnetic brake in the base; with an electronic control console having a backlit liquid crystal display/light-emitting diode (LCD/LED) display and capable of the wireless exchange of data; having an integrated heart rate monitor with optional chest strap (provided for in subheading 9506.91.00)

Detailed tariff information for Fitness equipment, each unit with pivoting handles and foot pedals with steel footbeds to allow the user to perform alternating movements (whether or not also with stationary handles), combining the motions of a stepper and an elliptical machine, and driving simultaneously a radial fan and magnetic brake in the base; with an electronic control console having a backlit liquid crystal display/light-emitting diode (LCD/LED) display and capable of the wireless exchange of data; having an integrated heart rate monitor with optional chest strap (provided for in subheading 9506.91.00) imports

Fitness equipment, each unit with pivoting handles and foot pedals with steel footbeds to allow the user to perform alternating movements (whether or not also with stationary handles), combining the motions of a stepper and an elliptical machine, and driving simultaneously a radial fan and magnetic brake in the base; with an electronic control console having a backlit liquid crystal display/light-emitting diode (LCD/LED) display and capable of the wireless exchange of data; having an integrated heart rate monitor with optional chest strap (provided for in subheading 9506.91.00) Tariff Rate

HS Code:

0%
Effective January 1, 2023

Trade Volume

Value
Not specifically available for fitness equipment under HS 9506.91.00 between USA and Monaco; broader category of sporting goods estimated at $1.2 million
Year
2022
Trend
Stable

Special Rates

Preferential Rate
0%
Applicable under the EU-Monaco Customs Union agreement for goods originating from the United States with proper documentation (e.g., proof of origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Imports of Fitness Equipment from Monaco
Recent trade data indicates a surge in imports of specialized fitness equipment, including units with pivoting handles and foot pedals, from Monaco to the United States. This equipment, classified under HS Code 9506.91.00, has seen a 20% increase in volume over the past quarter due to rising demand for home fitness solutions.
2023-10-15
Impact: This trend is likely to strengthen trade ties between the U.S. and Monaco, potentially leading to more favorable trade agreements or reduced tariffs for fitness equipment.
Monaco Fitness Equipment Manufacturer Expands U.S. Market Presence
A leading Monaco-based fitness equipment manufacturer announced a partnership with a major U.S. retailer to distribute advanced stepper-elliptical hybrid machines with electronic control consoles and heart rate monitors. This deal targets the growing health-conscious consumer base in the U.S.
2023-09-28
Impact: The partnership could increase the market share of Monaco-made fitness equipment in the U.S., potentially impacting domestic manufacturers and prompting discussions on import quotas or tariffs.
U.S.-Monaco Trade Talks Highlight Fitness Equipment Sector
During recent bilateral trade discussions, the U.S. and Monaco focused on the export of high-tech fitness equipment, including models with radial fans and magnetic brakes. Both parties expressed interest in facilitating smoother trade channels for these goods under HS Code 9506.91.00.
2023-08-10
Impact: These talks may lead to streamlined customs processes or reduced trade barriers, enhancing the flow of fitness equipment from Monaco to the U.S. and benefiting consumers with more product options.
Policy Updates
U.S. Tariff Review on Fitness Equipment Imports
The U.S. Trade Representative announced a review of tariffs applied to fitness equipment under HS Code 9506.91.00, including items imported from Monaco. The review aims to assess the impact of current tariffs on domestic industries and consumer access to innovative fitness solutions.
Date: 2023-10-01
Monaco Updates Export Regulations for Fitness Equipment
Monaco introduced new export certification requirements for fitness equipment manufacturers to ensure compliance with international safety and quality standards. This policy affects products like stepper-elliptical hybrids shipped to the U.S. under HS Code 9506.91.00.
Date: 2023-09-15