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
1045 View
Other Articles
Guidelines for Treating Ponds with White Spot Disease in Shrimp Farming
SHARING HOW TO IDENTIFY SHRIMP INFECTED WITH SLOW-GROWTH EHP DISEASE
AQUA MINA Congratulates the Grand Opening of MISATO SUSHI Japanese Restaurant in Can Tho
Beware of White Spot Disease in Shrimp with La Niña's Return
Guidelines for Preventing Fish Diseases During Seasonal Transitions
Sharing How to Treat Fungal Disease in Eels
The 3 Most Common Diseases in Black Tiger Shrimp and How to Prevent
What is Needed for Fish Farming?
Should You Farm Shrimp or Fish in 2024?
SHARING HOW TO CONTROL ALKALINITY IN SHRIMP PONDS