Business

Tuna export revenue surges 21 percent

Vietnam’s tuna export turnover rose 21 percent year-on-year to hit 271 million USD in the first half of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Tuna export revenue surges 21 percent ảnh 1Vietnam’s tuna export turnover rose 21 percent year-on-year to hit 271 million USD in the first half of the year. (Photo: VNA)

Hanoi (VNA) – Vietnam’s tuna export turnover rose 21 percentyear-on-year to hit 271 million USD in the first half of the year, according tothe Vietnam Association of Seafood Exporters and Producers (VASEP).

Tuna fillet was the key earner, accounting for more than 48 percent of totaltuna exports, followed by canned tuna (30 percent) and other processed tuna (15percent).

Vietnam exports tuna to 97 countries and territories across the globe, with theUS, the EU, Israel, ASEAN, Japan, Canada, China and Mexico the major markets.Those countries accounted for 88 percent of total tuna export value in thefirst six months.

Notably, tuna shipments to Mexico rose 125 percent, with the country surpassingCanada and China to become Vietnam’s sixth largest tuna importer.

Despite the impressive growth, tuna exports are encountering difficulties inraw materials and import duties in some key markets.

VASEP has proposed the Directorate of Fisheries under the Ministry ofAgriculture and Rural Development develop purse seine fishing.

It suggested theDirectorate of Fisheries and the Ministry of Agriculture and Rural Developmentwork with the Ministry of Industry and Trade (MoIT) to reach an agreement withthe EU on a quota for tuna exports to the market.

VASEP also requestedthe MoIT consider reducing tariffs on tuna exports to Japan to zero percentlike Thailand and the Philippines to improve the competitiveness of Vietnameseproducts. -VNA
VNA
#tuna export turnover #271 million USD #Vietnam Association of Seafood Exporters and Producers #97 countries and territories across the globe #difficulties in raw materials and import duties
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