Business

Tuna exports to Canada rise 60 percent

Tuna export value to Canada reached 1.4 million USD in August, up 61 percent compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Tuna exports to Canada rise 60 percent ảnh 1Illustrative image (Photo: VNA)

Tuna export value to Canada reached 1.4 million USD in August, up 61 percent compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

However, shipments to this market this year fluctuated greatly, with drops recorded in previous months, resulting in a 27.6 percent year-on-year decrease for the January-August period to 6.1 million USD.

Canada imports mainly fresh, frozen, and dried tuna from Vietnam.

At the same time, VASEP noted that tuna exports to Canada are on the rise over the past five years while shipments to other overseas markets fell.

Vietnamese tuna products are exported to 100 countries and territories, including the US, Japan, Israel and Canada, as well as the EU and the ASEAN region.

From the first day to August 15, the tuna export value to the EU and Japan, two key export markets of local tuna products, fell by 23 percent to 65.4 million USD and by 23.8 percent to 12.8 million USD, respectively, against the same period last year.

Meanwhile, the nation gained year-on-year growth of 13.8 percent in tuna export value to reach 120 million USD for exports to the US and 8.8 percent to reach 21.6 million USD for exports to the ASEAN region.-VNA

VNA
#August tuna exports #Canada #VASEP Canada
Follow VietnamPlus

Related News

Tuna export value down in first two months of 2015

Tuna export value down in first two months of 2015

Tuna exports continued to slide during the first two months of this year due to low demand from the traditional markets and owing to a reduction in price, the General Department of Customs' statistics indicated.
Tuna export value likely to fall 5 percent in 2015

Tuna export value likely to fall 5 percent in 2015

The Vietnam Association of Seafood Producers and Exporters (Vasep) forecast that the export value of tuna will decrease by 5 percent this year, bringing in an estimated 123 million USD for the second quarter of the year.
Fishermen in the central province of Khanh Hoa transport tuna from their ship to the mainland (Photo: VNA)

Tuna value likely to drop in Q2

Vietnam would continue to decrease tuna's export value in the second quarter of this year, partly due to its falling price on the world market, the Vietnam Association of Seafood Exporters and Producers (VASEP) forecast.
Tuna export value drops nearly 7 percent

Tuna export value drops nearly 7 percent

Vietnam's tuna industry saw a 6.7 percent dip in export value for the first eight months of this year due to decreasing demands, according to the General Department of Customs.
Room remains for tuna export growth

Room remains for tuna export growth

Vietnam’s tuna exports have rapidly increased in recent years, and the country still holds potential for more growth in this area, according to industry insiders.

See more

The Sun PhuQuoc Airways (SPA) project is expected to bolster Phu Quoc’s tourism. (Photo: VNA)

Investment plan for Sun PhuQuoc Airways approved

Sun PhuQuoc Airways is scheduled to commence operations in the fourth quarter of 2025, with initial routes linking Phu Quoc to prominent economic and tourism centres in Vietnam and abroad.

A view of the conference. (Photo: VNA)

Banks need to promote data analysis to minimise financial crime

The SBV has also recently issued Decision No. 67/QD-NHNN on a digital transformation project aimed at deploying core utilities for the development of the banking sector, ensuring connection with Project 06. Under the project, the SBV requires financial institutions to use the national database on population, identification and electronic authentication for banking activities, thereby supporting digital transformation and enhancing the effectiveness of crime prevention.

Prime Minister Pham Minh Chinh orders preparation to break ground on the Lao Cai – Hanoi – Hai Phong railway line on December 19. (Photo: VNA_

PM sets December 19 launch date for Lao Cai – Hanoi – Hai Phong railway

To meet the December 19 groundbreaking target for the Lao Cai – Hanoi – Hai Phong line at five designated sites, he tasked the Ministry of Construction with drafting a detailed critical path timeline. Meanwhile, Deputy Prime Minister Tran Hong Ha was assigned to oversee execution and inter-ministerial coordination.

A representative of the Ha Nam People’s Committee presents a souvenir to a visiting delegation from the Department of Industry and Tourism of Nagahama city in Shiga prefecture of Japan. (Photo: VNA)

Ha Nam highly evaluates investment capacity of Japanese businesses

Reaffirming Japan’s role as a strategic investor, a local official noted that Japan is currently the second-largest foreign investor in Ha Nam, with over 100 projects in diverse sectors such as mechanical engineering, automobile and motorcycle production, and electronics.

MoIT Minister Nguyen Hong Dien, who is also head of the Government negotiation team, chairs a meeting with team members and representatives from relevant agencies before the first negotiation round. (Photo: moit.gov.vn)

Vietnam, US hold second round of trade negotiations

The two sides exchanged views in an open, straightforward, and constructive manner on the issues of mutual interest, working to clarify the draft agreement's wording and providing information on current policies of each side to lay the groundwork for further steps.

Prime Minister Pham Minh Chinh chairs an online national conference on boosting public investment as a key driver of economic growth in 2025. (Photo: VNA)

PM urges accelerated disbursement of public investment

While chairing an online national conference on boosting public investment as a key driver of economic growth in 2025 on May 20, PM Chinh stressed the need to revitalise traditional growth engines - investment, consumption, and exports, while accelerating new drivers such as science and technology, innovation, digital transformation, circular economy, and knowledge economy.