Viet Nam’s exporters do not dump pangasius into U.S. market

Published 2024년 10월 9일

Tridge summary

The Department of Commerce (DOC) has concluded its administrative review for August 1, 2022, to July 31, 2023, on frozen pangasius fillets from Vietnam, finding no evidence of below-normal values. As a result, eight Vietnamese pangasius exporting companies will not face any anti-dumping duties and will be assigned separate tax rates. The final results are due to be announced 120 days after the preliminary findings. Meanwhile, Vietnamese pangasius exports to the U.S., the largest market, surged by 40% in August 2024, reaching over US$35 million, and earned Vietnam US$226 million in the first eight months of the year, marking a 23% increase from the same period last year. This has contributed to a notable 9% increase in Vietnam's total pangasius export value, totaling nearly US$1.3 billion.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In its latest antidumping administrative review, the DOC determined that frozen pangasius fillets from Viet Nam were not sold at below-normal values. The review, conducted from August 1, 2022, through July 31, 2023, provides preliminary review results of certain fish fillets from Viet Nam. It its conclusion, the DOC determined that eight Vietnamese pangasius exporting companies will not be subject to any anti-dumping duties and will be eligible for separate tax rates. The official results will be announced by the DOC 120 days after the preliminary findings are reported. According to the Viet Nam Association of Seafood Exporters and Producers (VASEP), the U.S. remains the biggest importer of Vietnamese pangasius. Specifically, pangasius exports to the U.S. in August 2024 reached over US$35 million, a sharply increase of 40 percent compared to the same ...

Source: Vasep