HCMC – The United States Department of Commerce (DOC) has announced the final results of its 19th administrative review (POR19) of the antidumping duty order on frozen warmwater shrimp imported from Vietnam, covering the period from February 1, 2023 to January 31, 2024.
According to the final determination, the DOC identified two mandatory respondents: Soc Trang Seafood Joint Stock Company (STAPIMEX) and Thong Thuan Company Limited/Thong Thuan Cam Ranh Seafood Joint Stock Company, which the DOC treated as a single entity under the name “Thong Thuan.”
For these two companies, the DOC applied total adverse facts available (AFA), resulting in a dumping margin of 25.76%. After offsetting export subsidies of 0.3%, the final cash deposit rate was set at 25.46%.
For companies eligible for a separate rate but not selected as mandatory respondents, the DOC assigned a margin of 4.58%, corresponding to a cash deposit rate of 4.28% after deducting the export subsidy offset.
Compared to the preliminary results announced on June 7, 2025, the final determination of POR19 reflects a more positive adjustment overall.
In the preliminary findings, STAPIMEX was subject to a margin of 35.29%. The same 35.29% rate was also applied to 22 companies in the separate rate group that were not individually examined.
Notably, Thong Thuan had received a zero percent margin in the preliminary results. In the final determination, however, it was assigned a margin of 25.76%, equivalent to a 25.46% cash deposit rate after the 0.3% subsidy offset.
The Vietnam Association of Seafood Exporters and Producers (VASEP) said the final outcome of POR19 carries significant market implications, especially as Vietnam’s shrimp exports to the U.S. in 2025 reached an estimated US$796 million, up 5.4% year-on-year.
When trade remedy costs fluctuate, importers often revise purchasing strategies more cautiously, particularly in terms of pricing, risk-sharing clauses and delivery schedules. The substantial reduction in cash deposit rates for the separate rate group compared to the preliminary stage is expected to help recalibrate perceived risks in negotiating new contracts.
With a cash deposit rate of 4.28%, Vietnamese shrimp exporters may gain greater flexibility in pricing and securing program-based or seasonal contracts. This is also seen as supportive of maintaining a stable supply to the U.S. market, especially for buyers prioritizing delivery reliability and compliance with technical standards.
VASEP said it is considering appropriate legal actions in accordance with U.S. regulations, in coordination with enterprises and relevant stakeholders, to demonstrate that Vietnamese shrimp exports are not dumped and to safeguard the legitimate interests of businesses, farmers and the broader shrimp supply chain.
