Vietnam's Tuna Exports See a 22% YoY Decrease by Oct-23, with Exports to the US and Canada Dropping

As of the end of October 2023, Vietnam's tuna exports declined by 22% year-on-year (YoY) to USD 693 million, attributed to low demand amid an economic crisis. Notably, exports to major markets like the United States (US) and Canada experienced significant drops of 41% and 47% YoY, respectively. However, expectations for Q4-23 suggest improved export performance, particularly with positive growth anticipated in markets such as Israel and Germany.