Thailand's tuna exports surge as industry recovery drives growth

In 2023, the top five markets for Thai canned tuna exports are the United States (US$482 million), accounting for 23.1% of the total export value; Japan (US$257 million) (12.3%); Australia (US$173 million) (8.27%); Libya (US$150 million) (7.2%); Saudi Arabia (US$138 million) (6.61%). The top five exporters of canned tuna are Thailand (US$2.09 billion), Ecuador (US$1.12 billion), China (US$832 million), Spain (US$792 million) and the Netherlands (US$314 million). The United States is the largest importer, with imports of US$1.18 billion, accounting for 13.5% of the global market, followed by European countries Italy, Spain, France and Germany, with a total import value of US$2.82 billion, accounting for 2.6% of the global market. 32.2%. Thailand holds 38.1% of the U.S. canned tuna market and 0.59% of the European market. TPSO said the factors supporting the surge in Thailand's canned tuna exports this year include the decline in the cost of raw tuna, the growth in demand for halal ...