EU took the lead in tuna imports from China

Published 2020년 3월 24일

Tridge summary

In 2019, China's tuna exports recovered from a decline in 2018, with a near 5% increase in volume and value. The majority of the exports were processed tuna, while live/fresh and frozen tuna exports decreased. The EU, Thailand, Japan, the Philippines, Algeria, Vietnam, Russia, and Iran were the top importers. However, due to high tariffs from the US-China trade war, exports to the US declined, and China shifted its exports to the EU. The outbreak of Covid-19 in China in early 2020 is expected to significantly decrease China's tuna exports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(seafood.vasep.com.vn) After declining in 2018, China's tuna exports in 2019 have recovered. According to statistics of the General Department of Customs of China, China's tuna exports in the first 11 months of 2019 reached 214 thousand MT, worth US$ 886 million, up nearly 5% in volume and equivalent value compared to the same period in 2018. Processed tuna continued to be the main export product of China, accounting for over 53% of total export volume. In 2019, China tended to boost exports of processed tuna products, while reducing exports of live/fresh and frozen tuna products to markets. Compared to the same period in 2018, the country's canned tuna exports in the first 11 months of 2019 increased by 16%, while exports of live/fresh and frozen tuna fell by 12%. In 2019, tuna products of China were exported to more than 86 markets in the world. In particular, EU, Thailand, Japan, the Philippines, Algeria, Vietnam, Russia and Iran were the 8 largest tuna importers of China, ...

Source: Vasep