30 C
Ho Chi Minh City
Tuesday, July 16, 2024

Anti-dumping duty on Vietnam’s tra fish exports to U.S. unchanged

By Trung Chanh

Must read

CAN THO – The U.S. Department of Commerce (DOC) is determined to keep the anti-dumping tariff on tra fish (pangasius) imports from Vietnam unchanged, according to the Ministry of Industry and Trade.

The DOC announced the final results of the 18th period of review (POR18) from August 1, 2020 to July 31, 2021 for Vietnam’s tra fish exports to the U.S., following which Vietnam’s exporters are still subject to anti-dumping tariffs of US$2.39 per kilogram.

At the request of relevant agencies, the DOC maintained the anti-dumping duty rates for Vietnam’s exporters in the POR18 the same as those of the POR17’s final results.

According to the results of POR17, two mandatory Vietnamese defendants would fulfill a duty of US$0 and US$3.87 per kilogram, respectively.

Only one exporter would enjoy a US$1.94 per kilogram duty, while the other 32 exporters were subjected to tariffs of US$2.39 per kilogram.

However, the U.S. determined that one Vietnamese exporter was not eligible for a separate tax rate in the POR18. Thus, it would be obliged to fulfill the tariffs the same as other exporters.

Currently, the DOC is receiving the application for the POR19 from August 1, 2021, to July 31, 2022, for Vietnamese tra and basa fish exports to the U.S.

The Ministry of Industry and Trade will continue to coordinate with relevant agencies and the U.S. to update the new information and handle potential problems to protect the rights and interests of Vietnam’s exporters.

According to the Vietnam Association of Seafood Exporters and Producers, the total seafood export turnover reached over US$7.6 billion in the first eight months of this year, surging 36.2% compared to last year.

Among these, the turnover of tra fish and basa fish exports hit around US$1.8 billion, up 81% year-over-year.

China and the U.S. are Vietnam’s two largest tra and basa importers, with an overall turnover of nearly US$500 million and US$428 million, respectively, in the first eight months of 2022.

More articles


Please enter your comment!
Please enter your name here

Latest articles