December 24, 2024 – In a recent announcement, the General Authority for Foreign Trade of Saudi Arabia has unveiled its final affirmative decision in Case No. AD-23-2, imposing anti-dumping measures on polyvinyl chloride (PVC) coated textiles or fabrics originating from China and South Korea. The notice outlines the implementation of a five-year anti-dumping duty on the affected imports, with rates varying between 25.56% and 51% for Chinese products, subject to a minimum fixed tax of SAR 2.06 to SAR 3.0 per kilogram. This ruling became effective immediately following its publication in the official gazette.
The anti-dumping measures encompass a range of PVC-coated textiles and fabrics, identified by Arabic tariff codes 590310000000, 392112000000, 392190400000, and 392690610000. For Chinese exporters in this sector, this development poses a significant trade barrier that necessitates close monitoring and strategic response.
As per insights from AsiaMB, the imposition of anti-dumping duties is typically aimed at safeguarding domestic industries from the detrimental effects of foreign products being sold at artificially low prices. Saudi Arabia’s move underscores its commitment to protecting its local industries. For the Chinese companies involved, adjusting export strategies, enhancing product value, and exploring diversified markets will be crucial considerations in navigating this challenge. Furthermore, this situation serves as a reminder for other exporters to stay vigilant about trade policies and market dynamics in their target countries, in order to mitigate potential risks and losses in international trade.