Shrimp, tuna exports to EU see positive signs

Vietnam’s shrimp and tuna exports to EU markets showed signs of recovery in July and August despite the impact of COVID-19, rising slightly against previous months and the same period last year.

Vietnam earned 54.2 million USD from exporting shrimp to the EU in July, up 2 percent year-on-year. Shrimp exports in August were estimated to increase 20 percent year-on-year.

According to the Vietnam Association of Seafood Exporters and Producers, along with the fact that EU countries have gradually controlled COVID-19, the EU-Vietnam Free Trade Agreement which took effect on August 1, has also had an impact on Vietnam’s exports to the market, including aquatic products.

Tuna exports, meanwhile, have recovered faster than shrimp exports, rising 65 percent year-on-year in July.

Figures from customs agencies reveal that Germany, Italy, and the Netherlands were the largest importers of Vietnamese tuna products in the EU. In July alone, tuna exports to those markets grew an impressive 119, 200, and 210 percent, respectively./.