U.S. POR19 assessment provides hope to Vietnam tra fish exporters

HCMC – Commerce prospects for the Vietnamese tra fish export sector within the U.S. look brilliant following the optimistic final result of the nineteenth administrative assessment of anti-dumping responsibility on frozen fish fillets imported from Vietnam (POR19).

The Federal Register on September 7 launched the preliminary outcomes of POR19, which assesses anti-dumping responsibility on frozen tra fish fillets which Vietnam exported to the U.S. between August 1, 2021 and July 31, 2022. These outcomes confirmed favorable tariff reductions for exporters in Vietnam.

Vinh Hoan Company now enjoys a zero responsibility whereas others will profit from a decrease fee of US$0.14 per kilogram. These corporations embody Can Tho Import Export Seafood JSC, Worldwide Growth & Funding Company, Cafatex Company, Loc Kim Chi Seafood JSC, and Hung Vuong JSC.

China is at present Vietnam’s high tra fish market, and the U.S. can also be a significant market, accounting for round 22% of Vietnam’s whole tra fish exports since 2019.

Nonetheless, the primary half of 2023 has been robust for Vietnamese tra fish exports to the U.S. resulting from inflation and international financial uncertainties.

As of August 15, Vietnamese tra fish shipped to the U.S. had reached US$169 million, a steep fall of 59% in comparison with the identical interval in 2022.

The put up U.S. POR19 assessment provides hope to Vietnam tra fish exporters appeared first on The Saigon Instances.

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