Rise in exports 'dumping' probes

11 May 2009

12 May 2009 | Martha McKenzie-Minifie

The number of investigations into exports 'dumping' rose last year, according to latest figures from the World Trade Organisation (WTO).

The WTO reported a 17 per cent increase in the number of anti-dumping investigations in July to December last year, compared with the same period a year earlier.

'Dumping' is when a company exports a product at a price lower than the one it charges in its home market. The practice is considered to be unfair competition and many governments take action against it to defend their domestic industries from cheap imports.

The WTO said China was the most frequent subject of investigations in the last six months of 2008, with 34 probes directed at its exports. It said the European Communities (including individual member states) was next with 14 investigations directed at its exports, followed by Chinese Taipei, Thailand, and the US, each with six.

The WTO said India was the subject of the most new investigations during the six-month period, reporting 42. This was followed by Brazil with 16, China with 11 and Turkey with 10.

SMmay2009

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