The U.S. Department of Commerce (Commerce) announced the preliminary results of the agency’s nineteenth (19th) administrative reviews of the antidumping duty orders on certain frozen warmwater shrimp from India, Thailand, and Vietnam. In its announcement, Commerce reported significantly higher antidumping duties for several foreign shrimp exporters in Thailand and Vietnam.
The 19th administrative reviews determine dumping margins for shrimp imported into the United States between February 1, 2023 and January 31, 2024. Faced with hundreds of shrimp companies in India, Thailand, and Vietnam, Commerce selected the two largest exporters in each of the three countries for individual examination and assigned the remaining, unselected companies a dumping margin based on the results of those that were individually reviewed. When finalized, the 19th administrative review will establish the total amount of antidumping duties owed on imports that entered the United States during the review period (2/1/2023 – 1/31/2024), as well as set a cash deposit rate applied to future imports of shrimp from the three countries.
For Thailand and Vietnam, Commerce announced significantly different rates dependent upon the individual exporter.
In Thailand, the agency preliminarily found that the Thai Union Group had not been dumping shrimp into this market during the review period and assigned a dumping margin of 0%. At the same time, Charoen Pokphand Foods (CP Foods) refused to provide information requested by Commerce and was assigned a dumping margin of 57.64%. When CP Foods refused to participate further in the administrative review, Commerce conducted an individual examination of another Thai shrimp exporter, Thai Royal Frozen Foods, and calculated a dumping margin of 0.73%, a rate that was also assigned to thirteen other Thai shrimp exporters who were not individually examined.
In Vietnam, the agency preliminarily found that Thong Thuan Company had not been dumping shrimp into this market during the review period and assigned a dumping margin of 0%. However, Commerce preliminarily found that another Vietnamese shrimp exporter, Stapimex, had engaged in significant sales at less than fair value and calculated a dumping margin of 35.29%, a rate that was also assigned to twenty-two other Vietnamese shrimp exporters who were not individually examined.
If maintained in the final results, companies that imported shrimp from CP Foods, Stapimex, and twenty-two other Vietnamese shrimp exporters, including QNL Company, HAVICO, Vietnam Fish One, Camimex Group, FIMEX VN, and CASES, will receive bills for substantial additional antidumping duty amounts.
In India, the agency preliminarily found that Devi Fisheries had a dumping margin of 2.01% and that Sandhya Aqua Exports had a dumping margin of 5.32%. Ninety-nine other Indian shrimp exporters were assigned a dumping margin 3.96%, the average of the two calculated dumping margins. If maintained in the final results, these antidumping duty rates would generally exceed the cash deposit rates that were applied to Indian shrimp imports entering during the review period and would result in additional antidumping duties owed by importers of this merchandise.
