Vietnamese tra, basa fish at disadvantage in US market

The US Department of Commerce has decided to impose anti-dumping taxes on tra and basa fish imports from Vietnam which is the third country after Indonesia and Bangladesh.

The US Department of Commerce (DOC) has decided to impose anti-dumping taxes on tra and basa fish imports from Vietnam which is the third country after Indonesia and Bangladesh.

Following its decision on March 14, Vietnam’s frozen fillets of tra and basa fish exporters will have to pay the duties ten times more than before, from at least US$0.19 to US$0.77-3.87 per kilo.

Last year, Vietnam earned US$358 million from its frozen fillets of tra and basa exports to the US-its second largest market.

The DOC’s new decision will take effect as of next week until early 2014 before the Department’s next administrative review.