Yesterday, the U.S. Department of Commerce (Commerce) announced the final results of the 20th administrative review of the antidumping duty order on certain frozen warmwater shrimp from Vietnam, covering imports that entered the United States between February 1, 2024 and January 31, 2025.
Based on arguments presented by the parties in administrative case briefs, Commerce made two changes to the calculated dumping margins in the preliminary results. First, Commerce corrected an error in the agency’s calculations identified by Vietnamese producer FIMEX and, second, Commerce fixed a methodological mistake, raised by the Ad Hoc Shrimp Trade Action Committee, in the agency’s adjustment of U.S. sales prices.
In the final results, Commerce calculated a dumping margin of 6.36 percent for STAPIMEX and 10.71 percent for FIMEX. The agency also assigned a separate rate of 7.59 percent to twenty-seven (27) other Vietnamese shrimp exporters who demonstrated that they operate independently of the Vietnamese government. The 10.71 percent dumping margin calculated for FIMEX represents the highest level of dumping found by an independent Vietnamese exporter in the history of the antidumping duty order (implemented in February 2005), surpassing the 9.75 percent dumping margin calculated for STAPIMEX during the 8th administrative review.
One hundred and thirty-one (131) other Vietnamese producers and exporters subject to the administrative review were found by Commerce to be part of the Vietnamese government and assigned a rate of 25.76 percent.
During calendar year 2024, Vietnam exported over 112.7 million pounds of frozen warmwater shrimp to the United States valued at $536.9 million. Some of these shipments were exempt from antidumping duties due to the exclusion of Vietnamese shrimp exporter Minh Phu Seafood Corporation from the trade relief. However, for a large majority of these shipments, the U.S. importers now face bills from the U.S. government for significant additional duties on past entries.
Based on the public estimates of shipment value reported by STAPIMEX and FIMEX during the course of the administrative review, importers of shrimp from STAPIMEX are estimated to owe over $9.2 million in additional antidumping duties on import entries made during the February 2024 through January 2025 time period, while importers of shrimp from FIMEX are estimated to owe more than $6.3 million. Although no estimates were submitted on the record of the administrative proceeding for the value of shipments of all other Vietnamese exporters during the review period, based on publicly available data regarding declared import values, the Southern Shrimp Alliance believes that importers of shrimp from the remainder of the Vietnamese shrimp industry are likely to collectively owe roughly $19 million in additional antidumping duties.
Vietnamese shrimp has been retreating from the U.S. market after reaching a record peak of 162.6 million pounds in 2021. Through the first eight months of 2026, the total volume of Vietnamese shrimp entering the United States dropped by approximately 30 percent compared to the same period in 2025, while the share of Vietnamese shrimp of total frozen warmwater shrimp imports in 2026 fell to below 3.6 percent.
For STAPIMEX, Commerce’s announcement of final results in the 20th administrative review will reduce its current cash deposit rate of 25.76 percent established by the final results of the 19th administrative review in February of this year to 6.36 percent. However, the cash deposit rate for imports of shrimp from FIMEX will increase from 4.28 percent to 10.71 percent, while the other twenty-seven (27) companies assigned a “separate rate” will see their cash deposit rates increase from 4.28 percent to 7.59 percent.
The final results issued by Commerce appear to indicate that the Vietnamese industry has attempted to maintain a presence in the U.S. market against the flood of cheap, unfairly-traded shrimp imports from Ecuador and India by increasing its levels of dumping. Commerce’s actions – in both this review and in the preceding administrative review of Vietnamese shrimp – provide powerful disincentives to the Vietnam industry against selling at losses in the United States to maintain market share.
“On behalf of the entire shrimp industry, the Southern Shrimp Alliance is grateful for the Trump Administration’s commitment to ensuring that foreign shrimp sold in the U.S. market is fairly-traded,” said Blake Price, Executive Director of the Southern Shrimp Alliance. “While an influx of cheap shrimp from Ecuador and India has put immense pressure on American shrimpers, the federal government’s strong efforts to enforce our trade laws have prevented market conditions from spiraling further downward.”
Review the U.S. Department of Commerce’s Issues and Decision Memorandum for the Final Results of Antidumping Duty Administrative Review of Certain Frozen Warmwater Shrimp from the Socialist Republic of Vietnam; 2024-2025 (Nov. 2, 2026): https://shrimpalliance.com/wp-content/uploads/2026/11/Shrimp-from-Vietnam-AR-20-IDM.pdf
Read a pre-publication version of the U.S. Department of Commerce’s Federal Register notice announcing the final results of the 20th administrative review: https://shrimpalliance.com/wp-content/uploads/2026/11/Shrimp-from-Vietnam-AR-20-Fed-Reg.pdf