Business

Tuna export to Canada soars

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 to Canada soars ảnh 1Illustration. (Photo: VNA)
Hanoi (VNA) – Vietnam’s tuna industry has bounced backstrongly post-pandemic as export soared 72 percent year-on-year to 259million USD in the first quarter of 2022, the highest in five years, accordingto the Vietnam Association of Seafood Exporters and Producers (VASEP).

The figure is 1.6 times that the same period of 2019,before the pandemic struck.

Shipments to the markets of Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP) members rose by 49 percent inMarch. The three-month figure surged 40 percent to 30.4 million USD.

Canada was an emerging buyer, importing some 14 million USDworth of tuna from Vietnam from January – March, up 70 percent from a yearearlier and doubling that of 2019. Canada accounted for nearly 5 percent ofVietnam’s total tuna export, making it the second largest importer of the SoutheastAsian country, only after the US, and the biggest among the CPTPP markets.

Vietnam was Canada’s second largest supplier, afterThailand, that made up some 12 percent of Canada’s total import. Vietnam alsomade itself known as the biggest provider of frozen tuna to Canada.

Given that both countries are signatories to the CPTPP, thereis still plenty of room for Vietnam’s tuna products to expand its presence inCanada largely thanks to preferential duties under the trade deal, the VASEPanticipated. Export to Canada will be likely to be on a further rise in thecoming time, it said./.

VNA
#tuna #tuna export to Canada #CPTPP #Vietnam Association of Seafood Exporters and Producers #VASEP #Vietnam #Vietnam News #Vietnam Plus #Vietnam News Agency
Follow VietnamPlus

Related News

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.
Tuna export maintains high growth in Q1

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.

See more

Vietnamese Ambassador to the Republic of Korea Vu Ho speaks at the forum.(Photo: VNA)

Forum promotes Vietnam–RoK supply chain connectivity

Cao Thi Phi Van, Deputy Director of ITPC, said that after more than three decades of cooperation, Vietnam–RoK ties are shifting from traditional manufacturing cooperation towards mastering future-oriented technologies such as semiconductors, artificial intelligence (AI), digital finance, renewable energy and global supply chains.

Fitch Ratings gives positive assessment of Vietnam’s economic fundamentals (Illustrative image. Source: VNA)

Fitch Ratings gives positive assessment of Vietnam’s economic fundamentals

Deputy Minister Tran Quoc Phuong stressed that Fitch’s credit assessments have enhanced Vietnam’s image and credibility in international financial markets, and provided additional motivation for the country to continue improving institutions, strengthening policy management efficiency and increasing economic transparency.

Consumer purchases E10 biofuel at a PVOIL petrol station on Thai Thinh street in Hanoi. (Photo: VNA)

Hanoi strengthens oversight of transition to E10 biofuel

To ensure compliance with the transition roadmap, the Hanoi Market Surveillance Sub-Department has requested petrol traders to proactively review and upgrade storage tanks, fuel pumps and other technical conditions necessary for E10 distribution, thereby preventing disruptions to fuel supply serving consumption and production demands across the capital.

A Phu Tho civil servant guides a local how to switch from presumptive tax mechanism to tax sef-declaration. (Photo: VNA)

📝OP-ED: Vietnam’s tax reform: Fair play, not revenue squeeze

At a time when social media disinformation grows more sophisticated, transparency and public disclosure are the most potent counter to distortions. Facts, data and real-world results deliver the strongest rebuttal to attempts that twist reality and erode trust in tax administration reform.

Experts are expected to analyse opportunities for boosting exports and investment cooperation between Vietnam and South American countries at the coming seminar. (Illustrative photo: VNA)

Seminar on trade promotion in South American market to take place in Hanoi

A seminar on opportunities and challenges in developing the South American market will be held in Hanoi on May 28. It aims to provide updates on the economic outlook, market trends and import demand in South America, particularly in Argentina and Chile, amid continued fluctuations in global supply chains.

A view of the second Asia Agri Food International 2026 in Ho Chi Minh City on May 19 (Photo: VNA)

India pushes stronger agri-food cooperation with Vietnam

Experts noted that Vietnam has established itself as one of Southeast Asia’s leading agricultural product exporters, while India remains a major global supplier of agricultural and food products. By combining India’s production capacity and technological strengths with Vietnam’s dynamic processing and export ecosystem, the two countries can build more resilient supply chains in the region.

A panel discussion at the Meet Australia 2026 programme on May 19 (Photo: VNA)

Meet Australia 2026 promotes sustainable partnership opportunities

Meet Australia 2026 is not only a trade and investment promotion event but also a forum connecting trust, vision and action between Vietnam and Australia, as well as between national-level cooperation orientations and development needs of localities and businesses from both countries.

A customer purchases E10 biofuel petrol at a PVOIL station on Thai Thinh street in Hanoi. (Photo: VNA)

Authorities ordered to closely monitor rollout of E10 biofuel from June 1

According to the agency, the move is aimed at ensuring the effective and synchronised implementation of the E10 transition roadmap under Circular No. 50/2025/TT-BCT, issued by the Ministry of Industry and Trade on November 7, 2025. The plan seeks to avoid delays or supply disruptions that could affect the domestic fuel market.