Vietnam’s Plywood Exports to the U.S. Found at Less Than Fair Value

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Investigation Background

The period of investigation covered was from October 1, 2024, through March 31, 2025. Commerce had initially made a preliminary determination on March 2, 2026. The final decision was announced on July 21, 2026.

Key Findings

The investigation found that certain Vietnamese companies were selling plywood at prices lower than fair market value. This is often referred to as “dumping.” As a result, the U.S. Department of Commerce determined a weighted-average dumping margin of 90.12% for these products.

Scope of the Investigation

The investigation covered hardwood and decorative plywood products from Vietnam. These products must include at least one layer of hardwood, softwood, or bamboo veneer. Various exclusions were noted, such as plywood used for structural purposes.

Verification of Data

The U.S. Department of Commerce conducted a verification of the sales and production information provided by the involved Vietnamese companies. It involved reviewing sales documents and accounting records.

Separate Rates and Entity Findings

A total of 52 Vietnamese companies were found eligible for a separate rate in this investigation. The Vietnam-wide entity also received a dumping margin rate similar to some individual companies.

Final Rulings

The International Trade Commission is tasked with determining if these imports harm U.S. producers. If found harmful, antidumping duties will be imposed, requiring importers to pay cash deposits equivalent to the determined dumping margin. If no harm is found, the matter will be closed.

Conclusion

The decision reflects ongoing scrutiny by U.S. authorities over international trade practices. The ruling aims to ensure fair competition and protect U.S. industries from unfair pricing practices.

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.