Vietnam exports a lot of frozen tuna meat/loin products to Spain

Published 2024년 7월 24일

Tridge summary

In May 2024, Vietnam witnessed a significant surge in tuna exports to Spain, with a 182% increase compared to the same month in 2023, amounting to nearly 1.8 million USD. From January to May 2024, tuna exports to Spain rose by 32% to exceed 5 million USD. The majority of these exports consisted of frozen tuna meat or loin (HS code 0304), with frozen steamed tuna loin products also on the rise. As of 2024, ten companies are involved in exporting tuna to Spain, with Trang Thuy Seafood Co., Ltd, Bidifisco, and Tuna Vietnam leading the pack, contributing to 60% of the total export value. Spanish markets have seen a battle for market share between Vietnamese, Ecuadorian, Chinese, and Philippine tuna, with Vietnam playing catch-up in raw material supply despite its competitive export values.

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

Original content

According to statistics from Vietnam Customs, tuna exports to Spain in May 2024 increased by 182% over the same period in 2023, reaching nearly 1.8 million USD, higher than in 2022. Accumulated in the first 5 months of 2024, tuna exports to this market reached more than 5 million USD, up 32% over the same period. Among tuna product groups, Spain currently imports the most frozen tuna meat/loin products with HS code 0304 from Vietnam. Notably, this year frozen steamed tuna loin products are also increasing in export to this market. There are currently 10 companies participating in exporting tuna to this market. The leaders are Trang Thuy Seafood Co., Ltd, Bidifisco, and Tuna Vietnam, accounting for 60% of the total tuna export ...

Source: Vasep