Business

Tuna export maintains high growth in Q1

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.
Tuna export maintains high growth in Q1 ảnh 1Processing tuna for export (Photo: VNA)
Hanoi (VNA) – Tuna export has maintained a high growth rate in thefirst months of 2022 despite strong fluctuations in the world market over thepast more than one year, partly thanks to free trade agreements that Vietnamhas signed.  

Customsstatistics showed tuna export value leaped 108 percent year-on-year in Januaryto 88 million USD. The rate slowed down in February but still at a high 57percent and a value of 67 million USD, almost double the figure in February2019 when the COVID-19 pandemic had not started.

The growth in March remained stable, pushing the export earnings for the firstquarter to over 230 million USD, up 53 percent on a yearly basis.  

The Vietnam Association of Seafood Exporters and Producer (VASEP) the goodgrowth of tuna export to the industry’s success in utilizing tax advantages inEuropean and Asia-Pacific markets created by free trade agreements to whichVietnam is a member, such as the Vietnam-EU FTA (EVFTA) and the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP).

This can be seen in the strong increases in exports to EU and CPTPP markets,such as Belgium (163 percent), the Netherlands (114 percent), Chile (99percent) and Canada (52 percent. The Netherlands has risen from the fourthplace to the top position among European importers of Vietnamese tuna.

The growing trend is expected to continue for tuna export to Europe thanks to strongeconomic recovery that stimulates demand. Besides, tax preferential treatmentsunder the EVFTA also create an impetus for the export.  

Besides foreign markets, tuna producers are also looking to tap into thedomestic market, where demand for tuna products is rising. Domestic sales willhelp the tuna sector reduce its dependence on foreign markets, thus better adaptingto socio-economic fluctuations./.
VNA
#Tuna export #Vietnam #strong fluctuation #world market #COVID-19 pandemic #free trade agreements #Vietnamplus #Vietnam news #Vietnam News Agency
Follow VietnamPlus

Related News

Vietnam’s tuna export has bright prospect

Vietnam’s tuna export has bright prospect

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).
Catalyst for growth of Vietnam’s tuna exports

Catalyst for growth of Vietnam’s tuna exports

The three-digit growth rate of Vietnam’s tuna exports to Mexico and Israel is considered a catalyst for a strong increase of over 16 percent of the country’s total tuna export value in 2021.

See more

Delegates perform the opening ceremony. (Photo: VNA)

Thailand Week 2026 opens in Hanoi

The event brings together more than 100 companies, including Thai enterprises and Vietnamese importers, across about 120 booths. It features a wide range of Thai products aligned with consumer trends in Vietnam, including food and beverages, health and beauty, mother-and-baby and pet products, fashion and jewellery, household goods and tourism services.

Illustrative image (Photo: VNA)

Vietnam remains Singapore’s third-largest seafood supplier in 2025

Data released by the Accounting and Corporate Regulatory Authority of Singapore (ACRA) show that Singapore spent 125.5 million SGD (97.7 million USD) importing seafood from Vietnam last year, up 10.7% year on year, accounting for 10.3% of the city-state’s total seafood import market.

Workers assemble mobile phone components at Diem Thuy Industrial Park in the northern province of Thai Nguyen. (Photo: VNA)

Electronics exports surpass 107 billion USD in 2025

With an export turnover of 107.75 billion USD in 2025, computers, electronic products and components not only maintained their position as Vietnam’s largest export by value, but also contributed more than half of the overall increase in the country’s export turnover in 2025.

Experts said that Vietnam’s economic outlook continues to be underpinned by stable foreign direct investment inflows and public investment, which is playing an important role in driving growth. (Photo: thoibaotaichinh.vn)

Foreign investors maintain strong confidence in Vietnam’s market

Looking ahead to 2026, prospects remain bright as manufacturing, economic growth and foreign investment in Vietnam are expected to stay robust, with the country forecast to post the highest growth rate in the region this year, according to Adam Sitkoff, Executive Director of the American Chamber of Commerce (AmCham) in Vietnam.

Toy production at a Hong Kong-invested factory (Photo: VNA)

Vietnam targets deeper market penetration in Hong Kong in 2026

Vietnam-Hong Kong trade hit 62.3 billion USD in the first 11 months of 2025, soaring 73.1% annually. Vietnamese exports to Hong Kong amounted to 36.8 billion USD, a 90.6% hike, ranking fourth among Hong Kong’s import sources, while imports from Hong Kong stood at 25.5 billion USD, up 52.9% and ranking third.

Vietnam’s start-up market enters restructuring phase

Vietnam’s start-up market enters restructuring phase

In 2026, venture capital inflows into Vietnam’s start-up ecosystem are expected to recover gradually, though in a more selective manner. VinVentures forecasts that capital will focus on start-ups that have survived the rigorous screening of 2024–2025, possess clear business models, strong commercialisation capacity, and the ability to generate real cash flows.