Vietnam's tuna exports to the US and EU continue to grow

Published 2023년 12월 22일

Tridge summary

Tuna exports from Vietnam have begun to recover after a period of decline, with a notable increase in exports to major markets such as the US, EU, and Canada. The export value of canned tuna products has also seen a significant increase in 2023, contributing to the overall growth of tuna exports. The anticipation of the restart of preferential tariff quotas under the Vietnam-EU Free Trade Agreement in 2024 has led to increased orders from the EU market, further boosting tuna exports.

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

Original content

After a long period of decline, tuna exports have accelerated again when major markets such as the US, EU... all recorded high increases. This is good news for seafood exports and the seafood industry. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), after many months of decline, for the first time in 2023, Vietnam's tuna export value has a "green color". Statistics from the General Department of Customs show that tuna exports in November 2023 reached nearly 79 million USD, up 23% over the same period. Accumulated in the first 11 months of 2023, Vietnam's tuna exports reached 772 million USD, down 19% compared to the same period in 2022. Vietnam's tuna products are exported to 110 countries around the world. Ms. Nguyen Ha - Tuna market expert of VASEP said that in fact, Vietnam's canned tuna exports have been stable and maintained growth since September. In November 2023 alone, canned tuna exports increased by 51% over the same period in 2022. ...

Source: Vinanet