Frozen catfish exporters to the U.S. will face higher anti-dumping tax as the U.S. Court of International Trade has decided to select Indonesia as surrogate country for catfish from Vietnam in the latest anti-dumping lawsuit.
|A catfish processing plant in the Mekong Delta (Photo: SGGP)|
That is result of the 9th administrative review by the U.S. Department of Commerce to frozen catfish fillet consignments imported from Vietnam for the phase of 2011-2012.
Vietnamese businesses will face higher anti-dumping rate than previous administrative reviews because Indonesia’s farming process is not similar to Vietnam’s.
They have one month to appeal against the decision at the U.S. Court of Appeals for the Federal Circuit.
At present, 57 Vietnamese businesses are licensed to export catfish products to the U.S.
Exports to this market brought US$115.1 million in the first four months this year, up 7.2 percent over the same period last year and accounting for 23 percent of Vietnam’s total export value of the products.