The US Department of Commerce (DOC) on September 7 announced its final decision on the results of its 9th administrative review (POR9) for anti-dumping duties on frozen shrimp imported from Viet Nam between February 1, 2013 and January 31, 2014.

Accordingly, the average anti-dumping tariff rate plummeted from 6.37% in the POR8 to the current 0.91%.

The general anti-dumping tariff rate applied to the country’s sector was 25.4%, dropping 0.36% from POR8’s rate.

Shrimp processing (Photo:VNA)

One of the key elements to help reduce the anti-dumping rate for Vietnamese products was the DOC took reasonable data from Bangladesh, India and Indonesia as benchmark countries in calculating the rate.

The VASEP has predicted with the new results of the POR9, Viet Nam’s shrimp exports to the US in the last months of 2015 will prosper after experiencing a constant drop of over 50% in the first 8 months of 2015.

(Source: VNA)