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Antidumping Case, Indonesian Shrimp Products Hampered in US Market

The Indonesian Ministry of Maritime Affairs and Fisheries Opens New Market Opportunities for Shrimp Products to Japan, Australia and Korea

by Editor Asiatoday
October 29, 2024
in Business
Reading Time: 2 mins read
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Antidumping Case, Indonesian Shrimp Products Hampered in US Market

Indonesian Frozen Shrimp Products. FILE: KKP

ASIATODAY.ID, JAKARTA – The Indonesian government through the Ministry of Maritime Affairs and Fisheries has begun opening new market opportunities for shrimp commodities to a number of countries, following the antidumping issue that occurred in the United States.

The market expansion is also accompanied by the implementation of a modeling program to support the increase in the quantity and quality of exported shrimp.

“In the US market itself, there are still opportunities for shrimp commodities other than frozen shrimp. Then there are other markets such as Japan which have great potential for frozen and processed products. Then there are Australia and South Korea,” explained the Director of Marketing for Strengthening the Competitiveness of Marine and Fisheries Products, the Indonesian Ministry of Maritime Affairs and Fisheries, Erwin Dwiyana in an official broadcast in Jakarta, Monday, October 28, 2024.

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Regarding the continuation of antidumping itself, the handling carried out by the Indonesian Ministry of Maritime Affairs and Fisheries together with other authorities has shown positive results.

Based on the final determination of the USDOC investigation, no countervailable subsidies were found for Indonesian frozen shrimp farmers and exporters.

Meanwhile, regarding the antidumping allegations, the final determination decision released by USDOC on October 22 set a temporary additional import duty of 3.9% for Indonesian shrimp. This figure is lower than the preliminary determination result that was previously issued, which was 6.3%.

“We are not accused of subsidizing the national shrimp industry so that the CVD tariff is 0 percent, while our anti-dumping has dropped from 6.3 percent to 3.9 percent. This is a positive achievement, before the final result on December 5,” he explained.

This market expansion effort is accompanied by efforts to improve the quality of shrimp production in the upstream sector. One of them is through a regional-based cultivation modeling program that has been developed in Indonesia.

Advisor to the Task Force Team of the Indonesian Fishery Product Processing and Marketing Entrepreneurs Association (AP51), Harry Lukminto admitted that he had attended a hearing before the USITC in a hybrid manner.

“During the hearing, representatives from the Indonesian Government conveyed matters of concern,” said Harry.

Harry appreciated the government for providing support as evidenced by leaving for the United States on August 20 to meet USDOC in person. At that time, the Indonesian representative filed an objection to the use of financial reports of companies whose businesses were different from the two mandatory respondents as the basis for calculating dumping margins.

He hopes that this struggle can provide good results for the common interests of the national shrimp industry.

“Hopefully this anti-dumping case will not be continued by the USITC,” he concluded.

Previously, the Indonesian Minister of Maritime Affairs and Fisheries, Sakti Wahyu Trenggono committed to resolving the CVD and AD issues of shrimp commodities in the US market. He ensured that his staff were conducting diplomacy so that the allegations could be resolved. (AT Network)

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Tags: American Shrimp Processors AssociationAsia ExportAsia Trade
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