Vietnam exported approximately 24,000 tonnes of honey worth roughly US$41 million during the past nine months of the year, according to figures given by the Ministry of Agriculture and Rural Development.
In three years, Vietnam as a member country has taken advantage of the CPTPP market quite well to increase its market share in America in comparison with other partners that have also ratified the CPTPP.
Vietnam's food businesses will likely have more opportunities to increase exports thanks to high world demand while leading agricultural-producing countries tend to curb exports.
Vietnam has seen its seafood exports and sales fall to their lowest levels in seven months as high inflation in major markets has led to reduced global consumption.
The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.
The US Department of Commerce (USDOC) found that revoking the anti-dumping (AD) duty order on light-walled welded rectangular carbon steel tubing originating in Taiwan would be likely to lead to continuation or recurrence of dumping at the level up to 40.97%.