Sino US shrimp trade frictions in response to US anti-dumping

Introduction: on December 1, 2004, the U.S Department of Commerce made a final anti-dumping decision on the export of frozen or canned shrimp from China to the United States, and will impose a punitive anti-dumping duty of 27.9% - 112.8% on frozen and canned shrimp imported from China Recently, the reporter learned that in the Sino US shrimp trade friction, Zoomlion food (Dalian) Co., Ltd., the largest export enterprise in Dalian region to the United States, was hit hard, and the anti-dumping rate was set at 84.93% It is understood that shrimp from China, Brazil, Ecuador, India, Thailand and Vietnam accounted for 75% of the total shrimp imports of the United States, with a total value of about $2.4 billion As a big shrimp consumer in the United States, 90% of shrimp in the market depends on imports After the import of shrimp is blocked, it will be difficult for American consumers to get cheap Chinese shrimp In spite of more than half a year's active response to the U.S anti-dumping arbitration, Zoomlion finally faces a high tax rate of 84.93% "If the anti-dumping duty rate reaches more than 15%, the export enterprises will face losses If Zoomlion wants to bear such a high tax rate, the enterprise will surely lose a lot " One expert said Dalian shrimp enterprises have worked out emergency measures since the U.S conducted anti-dumping investigation on Chinese shrimp at the beginning of this year, and have recently focused on the EU market, which has just been lifted, according to a source from Dalian marine and Fisheries Bureau On October 18 this year, the European Union officially resumed the import of shrimp, farmed fish and other animal products from China In the face of this great advantage, shrimp enterprises in Dalian have developed new products to seize business opportunities and stepped up contact with old customers At present, Zoomlion has begun to adjust its product export structure, produce the latest fried shrimp products, and increase exports to Japan, South Korea, Europe and other places Xing Yushu, general manager of Dalian Shandao Food Co., Ltd., has been busy recently Belgian and Spanish customers who haven't been contacted in the past two years have come to visit us Xing Yushu is busy contacting customers here, and he has to keep an eye on the production of the enterprise, but this kind of "busy" makes him very happy Xing Yushu told reporters that since 1997, they have invested nearly 10 million yuan in product structure adjustment, becoming the first batch of enterprises registered in the EU and the US FDA in Liaoning Province, which is ready to enter the European market For several years in a row, Shandao's exports to European and American markets accounted for about 40% of the total exports of enterprises It wasn't until January 2002, when the European Commission banned the import of animal derived food from China, that the company had to leave the market In order to seize the opportunity of lifting the EU ban, Shandao company started to develop new products for the EU market, which is expected to be launched in the near future Like Shandao company, the import company of Liaoning aquatic products group is also keeping its strength Various business departments have made plans to capture market information, and employees of the company have taken the initiative to contact old customers in the EU At present, these efforts have been effective Some EU customers began to call and fax companies for inquiries Although it is said that entering the EU and Japan market is the way out, the loss of the US market is too great after all It is not easy to break off the contact with the fixed customers in the United States, open up a new market and establish new customers at once A foreign trade expert from Northeast University of Finance and economics reminded enterprises that in recent years, China has become one of the countries with the largest number of anti-dumping investigations in the world Enterprises should pay attention to controlling the price of export products and launch a relatively perfect price strategy At the same time, enterprises should seek cooperation with relevant trade consulting companies, timely understand the relevant policies and market reactions of exporting countries, and establish a good early warning mechanism to prevent market risks.