News

$340k in CDSOA Funds Distributed to Shrimp Industry in FY2022

Last week, U.S. Customs and Border Protection (CBP) published information regarding the annual distribution under the Continued Dumping and Subsidy Offset Act (CDSOA) for fiscal year (FY) 2022. In total, CBP reports that $339,684.11 in antidumping duties collected on shrimp imports was distributed through the CDSOA program this year. This represents a significant increase from the $57,768.45 in antidumping duties collected on shrimp imports distributed through CDSOA in FY 2021.

Only antidumping duties collected on imports of shrimp entered into the country before October 1, 2007 are distributed through the CDSOA program. All antidumping duties collected on imports of shrimp entered on or after October 1, 2007 are deposited in the U.S. Treasury and are not subsequently distributed through the CDSOA program.

The table below provides a summary of CDSOA funds made available for distribution in FY2022 by individual antidumping duty order on shrimp imports:

In total, CBP reported that roughly $7.9 million under the CDSOA program was made available for distribution in FY2022. The majority of those funds, totaling $4.8 million, relates to the antidumping duty order that was in place on crawfish tail meat from China.

Per CBP’s reporting, since FY 2006, over $272 million in antidumping duties have been distributed to the shrimp industry through CDSOA. The total amount of duties collected on shrimp imports and distributed through CDSOA is summarized in the chart below:

Although funds will continue to be distributed, in diminishing amounts, under the CDSOA program until all litigation regarding shrimp import entries made before October 1, 2007 is resolved and final duties are collected by CBP, all of the funds held in CDSOA clearing account balances related to the antidumping duty orders on shrimp have now been exhausted. The remaining $190,000 in antidumping duties deposited regarding Chinese shrimp previously reported in the clearing account balances was distributed in FY 2022.
Review information regarding CDSOA distributions in FY2022 here: https://www.cbp.gov/trade/priority-issues/adcvd/continued-dumping-and-subsidy-offset-act-cdsoa-2000

Share This Article

Join the Mailing List

Get news from Southern Shrimp Alliance straight to your inbox!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Related Posts