Vietnam's canned tuna exports to Lithuania grew 195%

Published 2023년 12월 21일

Tridge summary

In the first 10 months of 2023, tuna exports to Lithuania decreased by 30% reaching nearly 11 million USD, with a 33% decrease in sales of frozen tuna meat/loin and a 195% increase in canned tuna products. Vietnam is the second-largest tuna supplier for Lithuania, with 566 Vietnamese enterprises allowed to export seafood to the EU, including Lithuania. Agricultural cooperation between Vietnam and Lithuania has been quiet, but there is potential for promoting trade in goods, including seafood, to strengthen the agricultural partnership.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With this decrease, cumulatively in the first 10 months of 2023, tuna exports to Lithuania still decreased by 30% over the same period, reaching nearly 11 million USD. In particular, sales of frozen tuna meat/loin with HS code 0304 continues to decrease by 33%, meanwhile those of canned tuna products tend to increase sharply by 195% over the same period. Currently, Vietnam is the second-largest tuna supplier for Lithuania after Ghana. There are 566 Vietnamese enterprises allowed to export seafood to the EU, including Lithuania. Like other markets in EU, tuna exports to Lithuania are also being affected by the IUU yellow card. Although Lithuania is a member in the European Union (EU), agricultural cooperation with Vietnam in recent times has been quiet. Statistics from Vietnam Customs show that, although import-export turnover between Vietnam and Lithuania has increased more than four times, from 56 million USD in 2015 to 233 million USD in 2022, agricultural trade is still quite ...
Source: Vasep

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