The export value of the product, coded HS 5402.47, from Vietnam to Turkey has been growing quickly over recent years, from about US$1.69 million in 2018 to US$4.65 million in 2019 and US$11 million last year, figures from the International Trade Centre and the Vietnamese Trade Office in Turkey show.TRAV said that according to Turkish procedures, after receiving a complaint and if an anti-dumping probe is officially launched, the investigation agency will make an announcement in the official gazette and send a summary of the case and investigative questions to related countries and exporters.Given this, TRAV recommended that the Vietnam Cotton & Spinning Association as well as relevant manufacturers and exporters liaise and coordinate with the authority early on to prepare response plans in case an anti-dumping probe is indeed launched.
Vietnamese yarn faces anti-dumping complaint in Turkey
The Turkish Ministry of Trade has received an anti-dumping complaint against polyester flat yarn hailing from Vietnam and the Republic of Korea, the Trade Remedies Authority of Vietnam (TRAV) has said.
VNA