Thailand's sugar imposed anti-dumping and anti-subsidy tariffs by Vietnam

On June 15, MoIT has issued a Decision on imposing official anti-dumping and anti-subsidy tariffs on some sugar products originating from Thailand. 

Accordingly, products applied to official anti-dumping and anti-subsidy tariffs, including cane sugar products (sucrose) originating from Thailand with HS codes 1701.13.00, 1701.14.00, 1701.91.00, etc 1701.99.10, 1701.99.90 and 1702.90.91. The ministry may amend and supplement the list of HS codes of goods subject to official anti-dumping and anti-dumping tariffs to match the investigated goods' description and other changes.

Anti-dumping and anti-subsidy tariffs are an additional import tax, applied to imported cane sugar originating from Thailand, including imports under tariff quotas. The anti-dumping tax for Thai sugar is 42.99% and anti-subsidy is 4.65%. In total, Thai sugar imported into Vietnam is subject to 47.64% in tax. 

The application of official anti-dumping and anti-subsidy measures on Thai sugar will take effect from June 16, 2021, and last for 5 years.

According to the Ministry, the final investigation conclusion of the Trade Remedies Authority of Vietnam determined that the dumping and subsidized behavior of the imported sugar being investigated; the domestic sugar industry is suffering significant damage; There is a causal relationship between dumped and subsidized sugar imports and substantial injury to the domestic industry.

Previously, on February 9, based on the report of preliminary investigation conclusions of the Trade Remedies Authority of Vietnam, MoIT issued Decision No. 477/QD-BCT to apply anti-dumping and temporary anti-subsidy tariffs for some cane sugar products originating from Thailand.