With seven anti-dumping complaints levied against it over the last decade, Israel placed 52nd in the recently released World Trade Organization's listing of countries with the highest number of complaints filed against exported products between 1996-2006, the Manufacturers Association of Israel reported on Monday.
China, with 515 filed complaints, led all 151 member countries, followed by Korea with 217 complaints and then Taiwan with 170. Some 2,891 anti-dumping complaints have been filed around the world over the past 10 years.
The Manufacturers Association also noted that with 39 investigations launched between 1996-2006, Israel ranked 20th in the world in that category. India, with 455, saw the most investigations opened, followed by the US, with 359.
Anti-dumping measures are applied when goods are found to be priced below production cost when exported to a foreign market, which normally leads to the imposition of extra tariffs on the products deemed to be dumped, according to the WTO.
Dumping is used by exporters to break into a new foreign markets and undercut local producers in the hope of forcing them out of business. A foreign producer can then raise prices to make a profit, especially if they become the only supplier to that country.
According to the WTO, an investigation has to show that domestic producers are being harmed by the imports.
Developing countries have often accused the US of abusing anti-dumping actions to keep out goods competing with domestic products, said the WTO.
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