Vietnamplus

Domestic tuna exporters are targeting promising small markets to get out of current difficulties amid economic fluctuations in big importing countries.

Vietnam raked in 350 million USD from tuna exports to France in the first seven months of 2022, representing a year-o-year surge of 203%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Tuna export turnover in 2022 is expected to reach about 1.1 billion USD, up 45% from the previous year, considering a 56% growth in the first six months of the year, according to statistics of the General Department of Vietnam Customs.

Vietnam’s tuna industry has bounced back strongly post-pandemic as export soared 72 percent year-on-year to 259 million USD in the first quarter of 2022, the highest in five years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Tuna export has maintained a high growth rate in the first months of 2022 despite strong fluctuations in the world market over the past more than one year, partly thanks to free trade agreements that Vietnam has signed.

Vietnam's tuna exports to the US has increased stably, accounting for 15 percent of the market share in this country.

Vietnam’s export of tuna to the Middle East this year has risen by nearly 15 percent year on year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).

The export value of Vietnamese tuna exports to the Israeli market by mid-August jumped by 34 percent to nearly 25 million USD compared to the same period last year, or accounted for 5.6 percent of the total tuna export value, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Tuna exporters are forecast to meet obstacles in the third quarter due to hike in transport costs and COVID-19 pandemic.

Tuna exporters in the central provinces of Khanh Hoa, Binh Dinh and Phu Yen said the number of tuna orders from the US, Canada, Brazil and Columbia in January rose significantly as compared to the same time last year.

Vietnam’s tuna exports to Italy soared by 8,599 percent last month over the same period last year.

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.

In the difficult economic context caused by the novel coronavirus (COVID-19) pandemic, the Vietnam Association of Seafood Exporters and Producers (VASEP) suggested tuna processors and exporters tap the domestic market.

Vietnam’s export of tuna to China rocketed by 771 percent in the first two months of this year, making the market the fifth largest importer of Vietnamese tuna after the US, the EU, Israel and the ASEAN, said the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam’s tuna exports are expected to thrive in 2019 as several obstacles regarding origin certification have been removed, said the Vietnam Association of Seafood Exporters and Producers (VASEP).

A ceremony was held on December 21 at Tam Quan fishing port in Hoai Nhon district in the south central province of Binh Dinh to announce the “Binh Dinh tuna brand”.

The Middle East is currently the best selection for Vietnamese exporters of canned tuna to expand market in the context that the consumption demand in such traditional markets as the US and the EU are experiencing a slowdown, the Vietnam Association of Seafood Exporters and Producers (VASEP) said.

Vietnam’s tuna export revenue is likely to reach the target of 500 million USD in 2018 as the figure already hit 351 million USD in the first seven months of this year.etna

Vietnam’s tuna export revenue is likely to reach the target of 500 million USD in 2018 as the figure already hit 351 million USD in the first seven months of this year, while growth has been seen in the majority of markets.

Vietnam gained its highest ever seafood export value of 8.32 billion USD in 2017, a year-on-year increase of 18 percent, according to the Ministry of Agriculture and Rural Development.