U.S. Department of Commerce Releases Preliminary Results on Frozen Warmwater Shrimp From Vietnam
Estimated reading time: 2–7 minutes
The U.S. Department of Commerce has announced its preliminary findings concerning certain frozen warmwater shrimp from the Socialist Republic of Vietnam. The review covers the period from February 1, 2024, to January 31, 2025. This announcement relates to the antidumping duty administrative review concerning shrimp imports.
In these preliminary results, the Department of Commerce determined that some sales of shrimp from Vietnam were made at prices below normal value. Two main companies, Sao Ta Foods Joint Stock Company (known collectively as Fimex Group) and Soc Trang Seafood Joint Stock Company (STAPIMEX), were examined closely. Their sales were found to be below the normal value.
Additionally, 29 other exporters are eligible for separate rates, meaning they will not be included under the Vietnam-wide entity rate, which is higher. However, the review will be rescinded for some exporters. This means that Commerce found no entries of subject merchandise from these exporters during the reviewed period.
Interested parties are invited to comment on these preliminary results. Future actions include finalizing the review, with the results providing a basis for future deposits of estimated duties.
The review process also revealed that 132 companies did not qualify for separate rate status. These companies are considered part of the Vietnam-wide entity and remain subject to the higher dumping margin.
In detail, Fimex Group received a preliminary dumping margin of 10.76 percent, while STAPIMEX received a 6.30 percent margin. A weighted average of these margins will inform the separate rate assigned to the 27 companies that weren’t individually examined but met the standards for a separate rate.
The Vietnam-wide entity remains subject to a margin of 25.76 percent. This rate is not under review as no specific request was made to review it.
Commerce is conducting this review in line with U.S. laws, using export price calculations and understanding Vietnam as a non-market economy. These steps are consistent with the regulations aimed at ensuring fair trade practices.
Businesses involved in importing shrimp from Vietnam should stay updated on the final results, which will impact duty assessments for entries made during the review period. The findings will be integral to future trade dealings and duty estimations.
The Department of Commerce will issue instructions on assessing duties on entries made during the review period once the review is concluded. This includes handling companies part of the Vietnam-wide entity differently than those assigned separate rates.
The preliminary results are a step in the ongoing process of ensuring trade compliance and fair pricing for shrimp imported from Vietnam.
For those interested in the specifics of this review, the Preliminary Decision Memorandum and notices are available for consultation, providing comprehensive details of the investigation and its preliminary conclusions.
Legal Disclaimer
This article includes content collected from the Federal Register (federalregister.gov). The content is not an official government publication. This article is for informational purposes only and does not constitute legal advice. For case-specific consultation, please contact us. Read our full Legal Disclaimer, which also includes information on translation accuracy.
