US Department of Commerce Maintains 0 USD/kg Duty Rate for Vietnamese Pangasius Fillet Exporters

Strategic Insights -

The US Department of Commerce (DOC) has concluded its 20th administrative review on anti-dumping duties for frozen pangasius fillets imported from Vietnam, confirming a 0 USD/kg duty rate for most Vietnamese exporters. The review, which covered the period from August 1, 2022, to July 31, 2023, involved eight Vietnamese companies and reaffirmed the national-wide rate at 2.39 USD/kg. The decision maintains the status quo for most Vietnamese exporters, with only one mandatory respondent continuing to face a 0 USD/kg rate. The six companies with separate duty rates will benefit from the 0 USD/kg duty, while the DOC rejected a petition to review the national-wide duty rate due to the petitioner's lack of standing. The decision is seen as a positive outcome for Vietnam's pangasius industry, with an annual export value of around 2 billion USD.

Key Takeaways:

  • The US Department of Commerce (DOC) has announced the final results of its 20th administrative review on anti-dumping duties for frozen pangasius fillets imported from Vietnam.
  • The review covered the period from August 1, 2022, to July 31, 2023, and involved eight Vietnamese companies.
  • Most Vietnamese exporters will maintain a 0 USD/kg duty rate, with only one mandatory respondent facing a 0 USD/kg rate.
  • The national-wide rate remained unchanged at 2.39 USD/kg.
  • The DOC rejected a request from Luscious Seafood LLC to review the national-wide duty rate due to lack of standing.
  • The six companies with separate duty rates will continue to benefit from the 0 USD/kg duty.
  • The Vietnamese pangasius industry will continue to benefit from the decision, with an annual export value of around 2 billion USD.

Statistics:

  • 0 USD/kg duty rate applied to most Vietnamese exporters.
  • 2.39 USD/kg national-wide duty rate.
  • 2 billion USD annual export value of Vietnam's pangasius industry.
  • 20% of Vietnam's total seafood exports accounted for by pangasius fillets.
  • 8 Vietnamese companies involved in the review.
  • 6 companies with separate duty rates.
  • 1 mandatory respondent facing a 0 USD/kg rate.

Sources:

  • U.S. Department of Commerce (No citation provided)
  • Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade (No citation provided)