WTO Reports Decline in Number of Antidumping Investigations
The World Trade Organization (WTO) Secretariat has released statistics on the number of new antidumping investigations and new final antidumping measures imposed during the second half of 2004. The WTO reports, that between July 1, 2004 through December 31, 2004, both the number of initiations of new antidumping investigations and the number of new final antidumping measures substantially declined compared with the corresponding period of 2003 and continued the downward trend noted in the first half of 2004.
During the second half of 2004,17 WTO Members initiated a total of 103 new antidumping investigations, down from 135 cases initiated in the second half of 2003. In addition, 15 WTO Members imposed a total of 91 new antidumping measures during the second half of 2004, a decline from the 108 antidumping measures imposed during the second half of 2003.
The following WTO members initiated the most new antidumping investigations in the second half of 2004:
1. EU - 17 new AD investigations
2. China - 16 new AD investigations
3. India - 14 new AD investigations
4. Turkey -12 new AD investigations
5. US- 4 new AD investigations
Not surprisingly, China remained the most frequent target of new antidumping investigations, with 25 investigations directed at its exports during the second half of 2004. Korea was the second most frequent subject, with 12 new investigations directed at its exports. Brazil and Taiwan, subject to six initiations each on their exports during the second half of 2004, were tied for third place, followed by Japan and the United States, each of which was subject to five antidumping investigations.
The products that were the subject of the most new antidumping investigations during the second half of 2004 included chemicals (28 initiations), plastic products (16 initiations) and base metals (12 initiations).