Vietnam remains one of the leading global suppliers of frozen warmwater shrimp. In 2025, Vietnam ranked as the fourth-largest exporter to the United States, following India, Ecuador and Indonesia.
In 2025, shrimp exports to the U.S. reached approximately USD 796 million, accounting for 17.2% of Vietnam’s total shrimp export value, representing a 5.4% year-on-year increase.
While overall growth remains positive, trade defense measures—particularly anti-dumping duties—continue to shape market dynamics and pricing structures.
Anti-Dumping Duties: From Uncertainty to Greater Visibility
In early June 2025, the U.S. Department of Commerce (DOC) announced its first preliminary anti-dumping rate of 35.29% for Soc Trang Seafood Joint Stock Company (STAPIMEX) and Thong Thuan Company Limited / Thong Thuan Cam Ranh Seafood Joint Stock Company (TTCR). This rate also applied same to 22 other companies eligible for separate rate status but not subject to mandatory review. During this period, some U.S. buyers adopted a cautious approach, postponing new contracts or adjusting procurement volumes while awaiting the final determination due to the significantly increased landed costs. As a result, export turnover in December declined to USD 45.2 million, down 16.4% compared with the same period last year.
On February 17, 2026, the DOC announced the final result of the 19th administrative review (POR19), covering the period from February 1, 2023, to January 31, 2024.
The outcome presents a mixed picture for Vietnamese exporters. Companies eligible for separate rate status received a final anti-dumping margin of 4.58%, with a corresponding cash deposit rate of 4.28%. While two mandatory respondents were assigned a higher margin of 25.76%.
Market Outlook: Toward a More Stable and Predictable Trading Environment
The final outcome supports a more stable and predictable trading environment between Vietnam and the United States. With clearer expectations on duty rates, exporters are better positioned to negotiate medium- and long-term contracts, while U.S. importers can plan procurement strategies with greater confidence. Enhanced transparency in pricing structures contributes to a more reliable shrimp supply chain serving the U.S. market.
From Kanematsu’s perspective, the POR19 results mark a transition toward a more structured and transparent regulatory framework for Vietnam–U.S. shrimp trade. With strong expertise in global seafood distribution, Kanematsu remains committed to rigorous compliance, transparent supply chain governance, and proactive risk management. Through close collaboration with trusted partners, we continue to drive stable, sustainable, and competitive seafood trade in an evolving global market.
