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US lowers import tariff for shrimp from Indonesia

Divya Karyza (The Jakarta Post)
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Thu, October 31, 2024 Published on Oct. 31, 2024 Published on 2024-10-31T20:33:38+07:00

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US lowers import tariff for shrimp from Indonesia Mangrove trees are pictured at a North Kalimantan shrimp farm.

T

he United States Department of Commerce (USDOC) has reduced the antidumping tariff on shrimp imported from Indonesia, but an Indonesian industry group bemoans unequal treatment among exporters and wants the tariff dropped altogether.

The US is a key market for Indonesian shrimp producers, and the move to lower the tariffs comes just a few weeks before President Prabowo Subianto is due to visit Washington, DC, as part of a trip that will take the newly installed President to several countries.

Frozen warmwater shrimp from Indonesia have been subject to duties in the US for a year based on a preliminary assessment following a petition filed by a US business association.

The USDOC has now reduced the antidumping tariff imposed on shrimp from Indonesia to 3.9 percent from 6.3 percent, applicable on Oct. 28, but eliminated it completely for just one exporter.

"We used standard verification procedures, including an examination of relevant accounting records and original source documents provided by the [government of Indonesia], BMS, First Marine, and the farmer-suppliers," a document published by the US Department of Commerce on Monday reads, referring to two investigated Indonesian exporters, PT Bahari Makmur Sejati (BMS) and PT First Marine Seafood (FMS).

The reduction is the result of the final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of frozen warmwater shrimp from Indonesia, which was announced by the US Department of Commerce on Oct. 22.

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Harry Lukmito, chairman of the supervisory board of the Association of Indonesian Fishery Product Processing and Marketing Entrepreneurs (AP5I), said the USDOC had set final determination rates for CVD and AD at 0 percent and 3.9 percent, respectively.

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