$31.3 Million in CDSOA Funds Distributed to Shrimp Industry in 2011

In letters dated November 18, 2011, U.S. Customs and Border Protection (CBP) informed recipients of Continued Dumping and Subsidy Offset Act (CDSOA) funds that a total of $31,337,410.45 in collected antidumping duties on shrimp imports would be distributed to the shrimp industry in 2011.  The vast majority of the CDSOA funds to be distributed (96.6%) are from duties collected on Thai shrimp imports.

With the 2011 CDSOA distribution, over $224 million in collected antidumping duties on shrimp imports will have been made available to the shrimp industry over the last six years.  The $31.3 million amount distributed this year is the fourth highest total distributed since CDSOA funds were first sent to the shrimp industry in 2006.

 

 

CBP’s letters indicate that the agency received total qualified expenditure claims from qualified shrimp industry applicants of between $2.4 and $2.7 billion for each of the six antidumping duty orders.  These amounts are roughly 93% of the total qualified expenditure claims submitted by the industry to CBP in 2010.

In total, CBP reports that the following amounts of collected antidumping duties are being distributed in 2011:

Filed Under