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Global Tariffs, Categorized
🇺🇸 United States
🇸🇦 Saudi Arabia
📦 Straps, bands or bracelets entered with watches of subheading 9102.29.04 and classifiable therewith pursuant to additional U.S. note 2 to this chapter; all the foregoing whether or not attached to such watches at the time of entry
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United States to Saudi Arabia Trade Analysis for Straps, bands or bracelets entered with watches of subheading 9102.29.04 and classifiable therewith pursuant to additional U.S. note 2 to this chapter; all the foregoing whether or not attached to such watches at the time of entry

Detailed tariff information for Straps, bands or bracelets entered with watches of subheading 9102.29.04 and classifiable therewith pursuant to additional U.S. note 2 to this chapter; all the foregoing whether or not attached to such watches at the time of entry imports

Straps, bands or bracelets entered with watches of subheading 9102.29.04 and classifiable therewith pursuant to additional U.S. note 2 to this chapter; all the foregoing whether or not attached to such watches at the time of entry Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Saudi Arabia

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable, with a slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the US-Saudi Arabia Trade Agreement for qualifying goods with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Saudi Arabia Trade Agreement on Watch Accessories
A new bilateral trade agreement between the U.S. and Saudi Arabia includes provisions to reduce tariffs on watch straps, bands, and bracelets classified under HS Code 9102.29.04, aiming to boost exports of these items from the U.S. to Saudi Arabia.
2023-10-15
Impact: This agreement is expected to increase U.S. exports of watch accessories to Saudi Arabia by reducing costs for Saudi importers, potentially strengthening market access for U.S. manufacturers.
Saudi Arabia Increases Demand for U.S.-Made Watch Bands
Saudi Arabia's growing luxury watch market has led to a surge in demand for high-quality U.S.-made straps and bands (HS Code 9102.29.04), with imports rising by 15% in the last quarter.
2023-09-22
Impact: The rising demand could lead to higher export revenues for U.S. producers, though supply chain constraints may limit immediate benefits.
U.S. Customs Clarifies Classification for Watch Accessories with Saudi Shipments
U.S. Customs and Border Protection issued a notice clarifying the classification of watch straps, bands, and bracelets under HS Code 9102.29.04 when imported alongside watches, affecting shipments to and from Saudi Arabia.
2023-08-30
Impact: This clarification may streamline customs processes, reducing delays and costs for U.S.-Saudi trade in these products.
Policy Updates
U.S. Tariff Reduction on Watch Accessories
The U.S. Trade Representative announced a temporary tariff reduction on watch straps, bands, and bracelets under HS Code 9102.29.04 for imports from Saudi Arabia as part of broader trade negotiations, effective from October 2023.
Date: 2023-10-01
Saudi Arabia Revises Import Duties on Watch Components
Saudi Arabia updated its import duty structure, lowering tariffs on watch accessories classified under HS Code 9102.29.04 to encourage trade with the U.S. and other partners, effective immediately.
Date: 2023-09-10