US finalizes higher antidumping duties on Indian shrimp imports

The US Department of Commerce finalized antidumping duty rates for Indian shrimp on Sept. 4, setting them higher than the preliminary rates announced May 4.

The Commerce Department imposed antidumping duties on Indian exporters ranging from 4.04% to 7.01%.

The final results apply to producers and/or exporters who sold frozen warmwater shrimp at less than normal value during the review period from Feb. 1, 2024, to Jan. 31, 2025, according to the Commerce Department.

Sandhya Aqua Exports was assigned the highest dumping margin of 7.01%, up from the preliminary rate of 4.30%, the Commerce Department said.

Devi Fisheries, along with three other entities, received a final dumping margin of 4.04%, up from the preliminary margin of 2.36%, according to the Commerce Department.

Meanwhile, 106 other Indian shrimp exporters received a final dumping margin of 5.53%, up from the preliminary rate of 3.33% assigned in May, the Commerce Department said.

Although antidumping duties have been in place for years, some Indian exporters did not anticipate the higher final dumping margins and will be required to pay the difference to US authorities.

A Visakhapatnam-based exporter said the retrospective application will affect many exporters, as all exporters under review were assigned higher final rates and will now have to pay the duty difference.

Domestic traders expect farmgate prices to come under pressure as exporters could pass on the impact of lower per-unit returns. The US is India's biggest market for shrimp, with a share of more than 30% in 2025, according to India's Ministry of Commerce.

Platts, part of S&P Global Energy, assessed peeled, deveined, tail-on shrimp FCA India at $7,218/metric ton on Sept. 4, down $240/mt week over week.

Indian farmgate prices remained firm in the week ended Sept. 4 amid lower seasonal supply and concerns over the upcoming crop output. Platts assessed head-on, shell-on shrimp farmgate India at 414 Indian rupees/kg ($4,383/mt) Sept. 4, up 14 rupees/kg ($191/mt) week over week.

A Visakhapatnam-based trader said farmgate prices may struggle to hold current levels, as higher freight costs and increased US antidumping duties put pressure on FOB prices.