TheFishSite.com - news, features, articles and disease information for the fish industry

News

US Raises Import Duties on Warm-Water Shrimp

03 June 2013

GLOBAL - The US Department of Commerce (DoC) has imposed anti-dumping import duties on frozen warm-water shrimp from India, Malaysia, China, Thailand, Viet Nam, Ecuador and Indonesia, due to fears that subsidised low price imports are harming the local industry.

The DoC has imposed the following duties: Thailand 2.09 per cent, China 5.76 per cent, Malaysia 62.74 per cent, India 5.91 per cent and Viet Nam 6.07 per cent.

Indonesia and Ecuador also have subsidies of 0.81 per cent and 0.39 per cent respectively, but the amounts are too low for duty to be collected.

Malaysia will be hardest hit if its duty is not relaxed, meaning it will no longer be a major supplier of shrimps to the US.

In 2012, Malaysia exported about 50 million pounds of shrimp to the US.

The final decision will be made in mid-August.

 

Lucy Towers

Lucy Towers
News Team - Editor

After graduating from The University of Sheffield, Lucy joined 5M in 2011 as part of the News Desk team. In 2012, she was promoted to editor of TheFishSite. With previous farming experience and a love for the great outdoors, Lucy has a passion for wildlife and the environment.



Our Sponsors

Partners



Sustainable Aquaculture Modular Courses AVAILABLE NOW - University of St Andrews

Seasonal Picks

Know Your Freshwater Fishes - 5m Books.com

Aquacullture Webinars from TheFishSite - Sign Up Now