Vietnamese tuna exports to many EU countries increased

Published 2022년 3월 15일

Tridge summary

Vietnam's tuna exports to the EU in 2021 reached $144 million, a 6.4% increase from the previous year, despite a decrease in exports for several months due to the Covid-19 epidemic. By the beginning of 2022, tuna exports to the EU had recovered, with the export value nearly doubling compared to the previous year. The growth trend is expected to continue this year due to strong economic growth in euro area countries and tariff preferences from the Free Trade Agreement between Vietnam and the EU. However, Vietnamese tuna processing and exporting enterprises may face challenges such as increased transportation and production costs.

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Original content

According to statistics of Vietnam Customs, Vietnam's tuna exports to the EU in 2021 will reach 144 million USD, up 6.4% compared to 2020. Although the export value in 2021 will still increase, it is worth it. said that for many months, exports to this market had decreased compared to the same period last year, especially in the late 2021 when the Covid-19 epidemic broke out in Vietnam. According to Ms. Ta Ha, tuna market expert of VASEP, by the beginning of 2022, tuna exports to most of the markets in the EU have recovered, export value reached nearly 15 million USD, nearly doubled compared to the previous year. with the same period in 2021. Notably, many markets in the bloc are experiencing "galloping" growth of 3-4 digits over the same period, such as: Lithuania up 1,938%, Netherlands 243%, Belgium 215% increase... It is expected that the growth trend of tuna exports to the EU will continue this year. Because the economies of the euro area countries are growing strongly again ...

Source: Vinanet