Recently, America dealt a big blow to frozen shrimp farmers in India. However, America has been waiting for this for the last year. Along with this, America is also waiting to impose an anti-dumping duty on Indian shrimps from October 2023. But after the elections in America, the future of Indian shrimp in America will depend on the stand of the new government.
70 to 80 percent of the shrimp produced in India is exported. China and America are the two big buyers of Indian shrimp. Ecuador also exports shrimp to both countries, but shrimp is most liked in India. But for the last one and a half years, shrimp has been going through bad days. Especially America is imposing new conditions on shrimp every day. Recently, America has imposed a countervailing duty (CVD) on Indian shrimp exports. Not only this, the government is waiting to impose anti-dumping duty from 2023.
Due to this, shrimp exports are slowing down. This is also having a direct impact on production. Already shrimp farmers are troubled due to low prices. Now there is a discussion among shrimp farmers and shrimp exporters about what will happen to shrimp after the new government comes to power in America. What will happen after Donald Trump becomes the President? Will the new government take a soft stand on shrimp? Or will it also impose all kinds of restrictions on shrimp like the old government?
America imposes countervailing duty.
Countervailing duty (CVD) has been imposed on Indian shrimp during the election campaign in America. 5.75 percent CVD has been imposed. Shrimp expert and shrimp-producing farmer Dr. Manoj Sharma says that although a whole chain works in shrimp export. It also includes processing units. But this move of America has hit the shrimps-producing farmers vaguely. However, America has imposed anti-dumping duty on Ecuador, Indonesia and Vietnam. Now due to this, once again there will be a fight over prices in the international market.
A 5.75 percent duty has been imposed on India.
According to media reports, the US Department of Commerce (DOC) has imposed the highest duty on frozen shrimps exported from India to the US as compared to other countries. Although anti-dumping duty has been imposed on other countries, CVD has been imposed on India. According to the report, the US has imposed a 3.75 percent anti-dumping duty on Ecuador, 2.84 percent on Indonesia, and 1.3 percent on Vietnam. At the same time, 5.75 percent CVD has been imposed on India. It is worth noting that India and Ecuador are two major shrimps exporting countries.
Shrimps worth Rs 300 crore are exported.
According to shrimps expert Dr. Manoj Sharma, India and Ecuador export the most shrimps to the US. India exports shrimp worth $2.9 billion to the US. The prices of Indian shrimp have also come down in the US for some time. In the year 2021-22, the price of one kg of Indian shrimp was $ 8.57, which has now come down to $ 7.4 per kg.
What did the shrimp farmer say
Shrimp farmer and shrimps expert Dr. Manoj Sharma said in a conversation with Kisan Tak that a matter like shrimp export between two big countries is very small. But the need is that who will raise this matter before them? Because we have so much hope that if this matter reaches between the two leaders, then good days will come for shrimp.