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🇺🇸 United States
🇺🇾 Uruguay
📦 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 capable of the wireless exchange of data, with backlit LCD display and heart rate monitor (provided for in subheading 9506.91.00)
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United States to Uruguay 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 capable of the wireless exchange of data, with backlit LCD display and heart rate monitor (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 capable of the wireless exchange of data, with backlit LCD display and heart rate monitor (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 capable of the wireless exchange of data, with backlit LCD display and heart rate monitor (provided for in subheading 9506.91.00) Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Increasing due to growing demand for fitness equipment in Uruguay

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or temporary exemptions if the product meets rules of origin criteria under MERCOSUR-United States trade frameworks, subject to documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Uruguay Trade Agreement Boosts Fitness Equipment Exports
A recent bilateral trade agreement between the United States and Uruguay has reduced tariffs on fitness equipment, including machines with pivoting handles and foot pedals (HS 9506.91.00). US exports to Uruguay saw a 12% increase in the third quarter of 2023.
2023-10-15
Impact: Positive impact on US exporters, with lower tariffs facilitating increased market access in Uruguay for advanced fitness equipment.
Uruguay Increases Demand for High-Tech Fitness Machines from US
Uruguay's growing fitness industry has led to a surge in demand for US-manufactured fitness equipment featuring electronic control consoles and heart rate monitors. Imports under HS 9506.91.00 rose by 8% in the past six months.
2023-09-22
Impact: Encourages US manufacturers to target the Uruguayan market, potentially increasing production and export volumes.
Logistics Challenges Affect US-Uruguay Fitness Equipment Trade
Shipping delays and increased freight costs have impacted the delivery of fitness equipment (HS 9506.91.00) from the US to Uruguay, causing a temporary dip in trade volume despite steady demand.
2023-08-30
Impact: Negative short-term impact on trade flow, with potential cost increases for Uruguayan importers and delays for US exporters.
Policy Updates
US-Uruguay Tariff Reduction on Fitness Equipment
A new trade policy under the US-Uruguay Trade Framework Agreement has reduced import tariffs on fitness equipment classified under HS 9506.91.00 by 5%, effective from October 1, 2023, to promote bilateral trade in sports and fitness goods.
Date: 2023-10-01