Jun 07, 2020

Vietnam Reduces Ethanol Tariff Rate

预计进口关税的5%点会为增加乙醇贸易创造机会

资料来源:美国谷物委员会

A five-percent point reduction on import tariffs for ethanol is expected to create opportunities for increased ethanol trade with Vietnam. It could be a win-win for both U.S. farmers and agribusinesses looking to export more ethanol to Southeast Asia’s fastest-growing economy and for the Vietnamese government, which is looking to reach its goal of a higher national fuel blend mandate to 10 percent.

美国谷物委员会(USGC)曼努埃尔·桑切斯(Manuel Sanchez)表示:“燃料级乙醇的关税有可能将贸易扩展到市场上,以1.7亿加仑(6.03亿加仑的玉米同等蒲式耳)乙醇赤字,同时仍支持越南税收收入。”)东南亚区域主任。“增加的乙醇进口将支持越南实现其全国E10目标,并为该国的乙醇行业增加生产和销售提供动力。”

越南确实拥有国内乙醇行业,但是本地供应无法满足达到该国当前混合标准的总需求。因此,越南与许多国家一样,使用贸易来支持其政策。以前,进口量为100%的纯乙醇面临17%的关税,而99%或更少的纯乙醇则面临20%的关税。

Despite the tariffs in place, Vietnam directly imported about 3.5 million gallons (1.24 million bushels in corn equivalent) of U.S. ethanol in the 2018/2019 marketing year, in addition to around 16 million gallons for fuel blending through the South Korean transshipment market.

USGC worked with the U.S. Department of Agriculture’s Foreign Agricultural Service (USDA-FAS) in Vietnam to engage the Vietnamese Ministry of Industry and Trade (MOIT) and Ministry of Finance (MOF) to reduce these most favored nation (MFN) tariffs, which are the lowest possible tariff a country can assess on another country with most favored nation status.

USGC has worked with the Vietnamese government and ethanol industry for several years as Vietnam began its most recent E5 policy in 2018. Vietnam also had a large delegation attend both the Ethanol Summit of the Asia-Pacific in 2018 and the Global Ethanol Summit in 2019, which was sponsored by USGC, Growth Energy and the Renewable Fuels Association.

越南总理于5月25日签署了27号法令,该法令降低了包括乙醇在内的某些农业进口的MFN关税。虽然USGC及其合作伙伴推动与竞争产品(如芳香剂和其他石化氧合物)保持一致的关税,但对于100%的纯乙醇和99%或更少的纯乙醇,关税最终降低至15%,最大减少适用于任何在此审查期间的商品或产品。新的关税率将于2020年7月10日生效。

In the short-term, gasoline demand did drop 30 percent during the country’s COVID-19 lockdown, but consumption is returning to normal levels following the country’s domestic reopening on April 23 and anticipated international reopening on July 1. In the longer term, total Vietnamese gasoline consumption is expected to grow nearly 15 percent over the next five years to reach an estimated 2.38 billion gallons by 2023.

桑切斯说:“ USGC将继续与工业和贸易部以及其他相关机构和行业合作伙伴紧密合作,以开发可持续的路线图来实施E10。”“我们仍然致力于支持越南乙醇市场的增长和稳定性,并鼓励进一步降低越南和整个东南亚进口乙醇进口的MFN关税率。”

了解有关USGC在越南推广乙醇的工作的更多信息。

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