PRESS RELEASE Preliminary results of the 19th administrative review (POR19) of the U.S. anti-dumping case against Vietnamese shrimp
Ho Chi Minh City, June 7, 2025 - In the early morning of June 7, 2025 (Vietnam time), the U.S. Department of Commerce (DOC) announced the preliminary results of the 19th administrative review (POR19) of the anti-dumping duty order on frozen warmwater shrimp imported from Vietnam, covering the period from February 1, 2023 to January 31, 2024.
According to the announcement, the DOC determined that Thong Thuan Company (including Thong Thuan Cam Ranh) did not sell shrimp at less than fair value, assigning it a zero dumping margin. In contrast, STAPIMEX was preliminarily assigned a significantly high dumping rate of 35.29%. This rate was also applied to 22 other companies eligible for separate rate status but not selected as mandatory respondents, instead of the usual weighted average of the two mandatory respondents.
The Vietnam Association of Seafood Exporters and Producers (VASEP) and the concerned enterprises were both surprised and deeply concerned about this unusually high preliminary rate. In the 19 years that Vietnam has participated in the administrative reviews of the anti-dumping case, no company has ever been subjected to a double-digit preliminary duty. This situation brings back memories of the 12th review (POR12), in which the DOC initially assigned a 25.76% rate to FIMEX due to calculation errors, which was later corrected to 4.58% in the final result. Therefore, VASEP and the companies strongly believe that there may have been errors or misunderstandings in the current preliminary results.
STAPIMEX had thoroughly prepared and had strong confidence in its accounting records to secure the lowest possible rate. However, VASEP and the companies believe that mistakes on either side may have led to data discrepancies, resulting in a preliminary rate that is unreasonably high. STAPIMEX will promptly provide additional information, and we firmly believe that the final result will accurately reflect the reality of Vietnamese shrimp exports—namely, that they are not dumped into the U.S. market.
Although the preliminary results are not immediately effective and may be revised in the final determination (expected in December 2025), the announcement has already had a negative psychological impact on U.S. importers, disrupted purchasing and export plans, and, more alarmingly, affected the confidence and operations of shrimp farmers in Vietnam.
In 2025, as the Trump President Administration rolls out a high reciprocal tariff policy targeting multiple countries, including Vietnam, such an unusually high preliminary rate further exacerbates the challenges facing the Vietnamese shrimp industry in accessing the U.S. market.
VASEP urgently calls on the DOC to review and reconsider its preliminary calculations to ensure objectivity, fairness, and consistency with past reviews, thereby safeguarding the legitimate interests of Vietnamese enterprises and preserving stability in seafood trade between the two countries.
VASEP – Vietnam Association of Seafood Exporters and Producers Contact: Ms. Que Phuong – Deputy Secretary General Email: quephuong@vasep.com.vn
(seafood.vasep.com.vn) The year 2026 marks a period of strong growth for Vietnam’s tilapia industry, but it is also a time when international export competition is becoming increasingly intense. Vietnam’s tilapia exports reached USD 99 million in 2025, up 140% compared to the previous year. In the first four months of 2026 alone, export value reached USD 49 million, a 151% increase year-on-year. As global demand for affordable whitefish continues to rise, Vietnam is emerging as a noteworthy competitor to traditional tilapia powerhouses such as China, Indonesia, Brazil, and Egypt.
(seafood.vasep.com.vn) With continued policy support, technological innovation and close coordination among authorities, businesses and farmers, Vietnam’s pangasius industry is expected to make a strong and sustainable breakthrough during the 2026–2030 period, reinforcing its position as the world’s leading exporter of the fish.
(seafood.vasep.com.vn) During the first four months of 2026, Vietnam’s tilapia exports to Asian markets showed varying trends across regions and countries. The Middle East recorded strong growth, with Saudi Arabia emerging as the largest Asian market for Vietnamese tilapia. ASEAN markets also expanded significantly, driven primarily by Malaysia. Meanwhile, Japan maintained solid growth, while exports to South Korea declined compared to the same period in 2025.
(seafood.vasep.com.vn) Shrimp and pangasius continued to lead growth, helping seafood exports reach $4.67 billion in the first five months of the year; however, differentiation among product groups and increasingly stringent requirements from importing markets are posing many challenges for the industry.
(seafood.vasep.com.vn) Every day, the seafood processing industry in Ca Mau generates large quantities of shrimp heads and shells during processing operations. In the past, these by-products were largely treated as waste, increasing production costs and posing potential environmental risks. However, thanks to advanced processing technologies, materials once considered waste are now being transformed into high-value products, creating a circular economy model within the seafood industry.
(seafood.vasep.com.vn) Vietnam Clean Seafood Corporation has invested in a 280-hectare super-intensive shrimp farming zone in Tran De Commune, Can Tho City, generating export value of approximately VND 3 billion per hectare per year—around 50 times higher than traditional agricultural production.
(vasep.com.vn) Vietnam’s seafood exports reached USD 1.02 billion in May 2026, up 0.6% year-on-year. Cumulative exports in the first five months of 2026 totaled USD 4.67 billion, an increase of 11% compared to the same period in 2025.
(seafood.vasep.com.vn) In a rapidly changing global seafood market, timely insights and reliable data are more critical than ever. The Report on Vietnam Seafood Exports in Q1/2026 provides a comprehensive overview of the latest developments in Vietnam’s seafood production, trade performance, and export trends, helping businesses navigate uncertainty and identify new growth opportunities.
(seafood.vasep.com.vn) While many major markets continue to experience slow growth, Russia has emerged as a brighter destination for Vietnamese tuna exports in early 2026. Export turnover to this market increased by nearly 55% in the first four months of the year, indicating a clear improvement in demand. Nevertheless, Russia remains a market that should be viewed with both optimism and caution.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
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