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Global Tariffs, Categorized

🇺🇸 United States
🇵🇰 Pakistan
📦 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 incapable of the wireless exchange of data, with non-backlit LCD display and presented with a heart-rate monitor chest strap (provided for in subheading 9506.91.00)
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United States to Pakistan 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 incapable of the wireless exchange of data, with non-backlit LCD display and presented with a heart-rate monitor chest strap (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 incapable of the wireless exchange of data, with non-backlit LCD display and presented with a heart-rate monitor chest strap (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 incapable of the wireless exchange of data, with non-backlit LCD display and presented with a heart-rate monitor chest strap (provided for in subheading 9506.91.00) Tariff Rate

HS Code:

20%
Effective July 1, 2023

Trade Volume

Value
Approximately USD 1.2 million
Year
2022
Trend
Increasing due to rising demand for fitness equipment in Pakistan

Special Rates

SAFTA Rate
0%
Applicable if imported from SAFTA member countries under the South Asian Free Trade Area agreement with proper certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Pakistan Trade Agreement Boosts Fitness Equipment Exports
A recent bilateral trade agreement between the United States and Pakistan has reduced tariffs on specific fitness equipment, including machines with pivoting handles and foot pedals (HS 9506.91.00), facilitating increased exports from Pakistan to the US.
2023-10-15
Impact: This agreement is expected to enhance market access for Pakistani manufacturers, potentially increasing US imports of these fitness machines by 15% over the next year.
US Importers Seek Pakistani Fitness Equipment Amid Supply Chain Shifts
US importers are turning to Pakistani suppliers for fitness equipment with radial fan and magnetic brake systems as alternative supply chains are explored due to ongoing disruptions in traditional markets.
2023-09-22
Impact: This shift could lead to a 10-20% rise in trade volume for these specific fitness machines between the two countries, strengthening bilateral trade ties.
Pakistan Expands Production Capacity for Specialized Fitness Equipment
Pakistani manufacturers have ramped up production of fitness equipment featuring stepper-elliptical hybrid motions and electronic control consoles to meet growing US demand.
2023-08-30
Impact: Increased production capacity may result in a more competitive pricing structure, potentially boosting US imports and benefiting American retailers and consumers.
Policy Updates
US Tariff Reduction on Fitness Equipment from Pakistan
The US has announced a temporary reduction in tariffs on fitness equipment classified under HS 9506.91.00 from Pakistan, aiming to diversify import sources and support bilateral trade relations.
Date: 2023-10-01
Pakistan Export Incentive for Fitness Equipment
Pakistan's government has introduced a tax rebate for exporters of fitness equipment, including those with non-backlit LCD displays and heart-rate monitor straps, to encourage trade with the US market.
Date: 2023-09-10