South Korea Considering Imposing Anti-dumping Duty on Plywood from Vietnam

Business Korea – The Ministry of Trade, Industry and Energy has decided to ask the Ministry of Economy and Finance to impose an anti-dumping duty of 9.18 percent to 10.65 percent on plywood imported from Vietnam. The Ministry of Economy and Finance is supposed to make a decision within one month from its official request.

According to the Ministry of Trade, Industry and Energy, the prices of plywood products imported from Vietnam are abnormal to the point of adversely affecting South Korean industries. The ministry is going to proceed with investigations for three months to come before the Ministry of Economy and Finance makes its final decision.

The items in question are used for various applications, including interior and exterior building materials, furniture, packaging boxes and interior goods. In 2018, the plywood market of South Korea had a size of approximately 900 billion won and plywood imported from Vietnam accounted for about 45 percent of the market.

The investigations of the Ministry of Trade, Industry and Energy covered the period of 2016 to the first half of 2019. “During the period, plywood imports from Vietnam increased along with the products’ market share, leading to a decline in the market share and sales of South Korean products, a decline in employment in the industry, a lower capacity utilization, decreased profits, etc.,” the ministry explained.

코멘트를 남겨주세요

이 사이트는 스팸을 줄이는 아키스밋을 사용합니다. 댓글이 어떻게 처리되는지 알아보십시오.

매상
ko_KR한국어
표시 할 필드를 선택하십시오. 다른 것은 숨겨집니다. 순서를 재정렬하려면 드래그 앤 드롭하세요.
  • 영상
  • 기술
  • 속성
비교