Tuna export of Vietnam: Good signals from some main markets

Published 2023년 11월 22일

Tridge summary

Vietnam's tuna export value in October 2023 was nearly equivalent to the same period last year, marking a positive trend. Cumulatively, tuna exports for the first 10 months of the year decreased by 22% compared to 2022. However, exports of processed and canned tuna products increased, with notable growth seen in frozen steamed tuna loin and canned tuna. There were signs of recovery in major markets such as the US, Canada, Chile, the Philippines, and South Korea, while exports to the EU continued to decline, except for a significant increase in tuna exports to Italy. Overall, Vietnam's tuna exports are expected to return to 2022 levels in the next two months.

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

Original content

For the first time since the beginning of 2023, Vietnam's tuna export value has returned to a level nearly equivalent to the same period last year. According to statistics from Vietnam Customs, tuna export value in October 2023 reached more than 76 million USD, down 0.5% compared to October 2022. Cumulatively in the first 10 months of the year, tuna exports to markets reached nearly 693 million USD, down 22% compared to the same period in 2022. Canned tuna exports increased by 7% Exports of tuna products increased over the same period, except for meat products/frozen tuna loins. Notably, exports of other processed tuna products, mainly frozen steamed tuna loin, increased the strongest by 24% over the same period. Canned tuna exports also increased by 7%. Exports of processed and canned tuna products tend to increase faster in the last months of the year. Some major markets show signs of recovery Also in October, Vietnam's tuna exports to some main markets increased over the ...

Source: Vinanet