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
3020 View
Other Articles
CA MAU ACCELERATES MARINE AQUACULTURE DEVELOPMENT FROM 2026 TO 2030, WITH A VISION TO 2045
VIETNAM’S SHRIMP INDUSTRY: FROM RECORD EXPORTS TO THE RACE FOR EFFICIENCY AND VALUE
Why Did a Customer Travel from Vinh Long to Ho Chi Minh City to Buy AQUA MINA PVC Knife Gate Valve
Green & Digital Transformation: A New Eco-Cycle for Shrimp-Rice Farming
High-Tech Shrimp Farming: A Double-Edged Sword
Why are PVC knife gate valves preferred for bottom drain pipes in shrimp and fish ponds?
EU’s New Packaging Life Cycle Regulations: What Should Seafood Businesses Prepare For?
Wild Shrimp Harvesting Faces Challenges in Supply and Sustainability
Minh Phú Invests in Production Expansion and Accelerates Automation in the Shrimp Industry
The U.S. Shrimp Market Recovers and Moves Toward Stability
What needs to be checked on a knife gate valve before it reaches the customer?
Mastering RAS technology: The answer to green aquaculture
.jpg)
