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More Vietnamese seafood exporters not subject to US anti-dumping tariffs
NTSF Seafoods, a Vietnamese exporter of frozen fish fillets, enjoys a zero anti-dumping duty when exporting pangasius to the US market in the 17th review of the US Department of Commerce.
The United States Department of Commerce (DOC) recently announced the final results of the 17th period of review (POR17) for Vietnamese tra and basa fish (pangasius) exported to the US market from August 1, 2019, to July 31, 2020.
Among 35 companies reviewed, Nha Trang Seafood Joint Stock Company (NTSF) and East Sea Seafoods Joint Stock Company (ESS) have been requested to answer the survey questionnaire.
The DOC also determined that Green Farms Seafood Joint Stock Company (Green Farms) is eligible for a separate tax rate.
It held that NTSF failed to make sales of subject merchandise at prices below the normal value during the period of review, meaning that it will not be subject to any anti-dumping tax.
The tax rate on ESS’s products is to be set at US$3.87 per kilo as the DOC believed that the company has yet to fully co-operate with the DOC, while the Green Farms Company was levied a tax rate of US$1.94 per kilo.
The remaining companies among the 35 reviewed will continue to be taxed at US$2.39 per kilo, as seen in the previous years.
About 10 Vietnamese seafood exporters, including Vinh Hoan JSC, Nam Viet Joint Stock Company, and NTSF, are now not subject to the anti-dumping tariff.
Vietnamese pangasuis has been subject to US anti-dumping duties since 2003, with these tariffs being reviewed annually.
Statistics from the General Department of Vietnam Customs indicate that last year Vietnam raked in approximately US$370.6 million from exporting tra and basa catfish to the US, a 50% rise against 2020.
Source: VOV