The U.S. Announces Final AD and CVD Duties on Shrimp from Vietnam and Other Countries
On October 22, 2024, the DOC published the final results of its AD and CVD investigations on frozen warmwater shrimp imported from Ecuador, Indonesia, India, and Vietnam. This outcome marks a significant step in the international trade investigation process, helping to assess subsidy levels and pricing practices for these countries' shrimp products when exported to the United States.
According to the final results, the CVD rate for Indian shrimp was 5.77%, higher than Vietnam's rate of 2.84%. Ecuador achieved favorable results with a low AD rate but was still subject to an average CVD of 3.78%. Conversely, Indonesia saw favorable CVD results but received an average AD rate as high as 3.90%. For Vietnam, the shrimp industry appears to have a more positive outlook than other countries in this announcement.
Details on DOC’s Final AD and CVD Rates by Exporting Companies in Each Country:
1. Anti-Dumping Duty (AD) Results:
* Ecuador:
- Sociedad Nacional de Galápagos C.A. / Marina del Rey: 0.00%
- Industrial Pesquera Santa Priscila S.A. / Tropical Packing Ecuador Tropack S.A.: 0.48% (de minimis - below 2%)
* Indonesia:
- PT Bahari Makmur Sejati: 0.00%
- PT First Marine Seafoods / PT Khom Foods: 3.90%
- Other companies: 3.90%
2. Countervailing Duty (CVD) Results:
* Ecuador:
- Industrial Pesquera Santa Priscila S.A.: 3.57%
- Sociedad Nacional de Galápagos C.A.: 4.41%
- Other companies: 3.78%
* India:
- Devi Sea Foods Limited and affiliated companies: 5.87%
- Sandhya Aqua Exports Pvt. Ltd. and affiliated companies: 5.63%
- Other companies: 5.77%
* Indonesia:
- PT Bahari Makmur Sejati: 0.20% (de minimis)
- PT First Marine Seafoods / PT Khom Foods: 0.71% (de minimis)
* Vietnam:
- Soc Trang Seafood Joint Stock Company: 2.84%
- Thong Thuan Company Limited: 221.82% (rate based on adverse inference)
- Other companies: 2.84%
Following the DOC’s announcement, the U.S. International Trade Commission (ITC) will issue a final ruling expected on December 5, 2024. If confirmed, the official orders will be enacted on December 12, 2024.
Source: thuysanvietnam.com.vn
Contact AQUA MINA for consultation and supply of aquaculture round tanks and aquaculture equipment for high-tech shrimp farming.
- Address: 685 National Highway 1A, Binh Hung Hoa Ward, Binh Tan District, Ho Chi Minh City
- Phone: 1800 6071 (Toll-free hotline)
- Email: sales@aquamina.com.vn or oversea@aquamina.com.vn
Aqua Mina's distributor in Japan:
REX INDUSTRIES CO., LTD
- Address: 1-9-3 Hishiya-Higashi, Higashi-Osaka 578-0948 JAPAN
- Email: kimakubo@rexind.co.jp
- Phone: +81-(0)72-961-9893
- Website: http://www.rexind.co.jp/e/
Ngày đăng : 11/11/2024
2093 View
Other Articles
AQUA MINA APPRECIATES PARTICIPANTS OF THE 2025 LOGO DESIGN CONTEST – SPECIAL THANK-YOU GIFTS ARE ON THEIR WAY
AQUA MINA Marks Vietnam’s Presence at the Land-Based Aquaculture Exhibition 2025 in Tokyo, Japan
Recap: Aqua Mina at the 15th Philippine Shrimp Congress – Joining the Shrimp Industry on the Journey Toward a Sustainable Future
Land-Based Aquaculture Equipment Exhibition 2025 – Aquaculture Equipment Exhibition at Tokyo Big Sight
Aqua Mina Successfully Concludes Its Participation at the 15th Philippine Shrimp Congress
Indian shrimp faces major challenges from the new U.S. tax policy
Sharing: Cà Mau expands the water recirculating shrimp farming model with zero wastewater discharge into the environment
The off-season price of whiteleg shrimp has risen sharply
Aquamina accompanies the Philippine Shrimp Congress 2025: Towards building a sustainable and climate-resilient shrimp industry
.jpg)