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Shrimp exporters optimistic as US recession lifts - India

03/08/10

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President of the Seafood Exporters Association of India (SEAI) Anwar Hashim said that early signs of economic revitalization and falling rates of anti-dumping duty show promise for Indian shrimp exports to the US, although he concedes that problems continue.

Anti-dumping duties had a major impact on shrimp exports to the US, which consequently plunged from USD 409 million in 2003, before the duty imposition, to USD 142 million afterward in 2008.

This dip took place despite the total US shrimp imports rocketing from USD 3.76 billion to...........


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