Shrimp Tariffs for Ecuador, Brazil, India Recalculated
The U.S. Department of Commerce in Friday's Federal Register published the preliminary results of its second administrative review of antidumping tariffs on Ecuadoran and Brazilian shrimp exporters. The review extends from Feb. 1, 2006, to Jan. 31, 2007.
Forty-two Ecuadoran exporters received a rate of 0.64 percent, while one company, Promarisco S.A., received a rate of 0.46 percent. That's less than the de minimis rate of 0.5 percent, meaning it is no longer subject to tariffs and recoups the cash deposits it paid to export shrimp to the United States.
U.S. shrimp imports from Ecuador were down 9.6 percent, to 56.2 million pounds, through May, according to the National Marine Fisheries Service.
Meanwhile, seven Brazilian exporters received a rate of 48.6 percent, while eight companies received a rate of 67.8 percent.
U.S. shrimp imports from Brazil plummeted since tariffs were enacted in 2005. Last year, the country didn't export any shrimp to the United States. In 2003, Brazil was the United States' No. 7 shrimp supplier.
Seafood Exporters Association of India (SEAI) told the Hindu Business Line on Thursday that the DOC has issued the preliminary results of its second administrative review of antidumping tariffs on 201 Indian shrimp exporters, though the results haven't been published yet in the Federal Register.
According to the SEAI, the rate for 67 Indian exporters was reduced to 1.69 percent, while one company, Devi Sea Foods Ltd., had its rate eliminated, meaning it did not dump shrimp in the United States. The rate for some 70 Indian exporters was cut to 10.17 percent, and the remaining companies, which did not reply to the review, were hit with a rate of 110 percent.
U.S. shrimp imports from India were down 31.6 percent, to 10.2 million pounds, through May.