Vietnam overtakes China, becoming the 4th largest tuna supplier to Peru

Published 2023년 4월 14일

Tridge summary

Vietnam's tuna exports to Peru, its 13th largest tuna import market, experienced a 139% increase in 2022, reaching $6.4 million, and continued to grow in the first two months of 2023, rising by 123% over the same period in 2022. This growth is attributed to Peru's decreased tuna catch and increased costs due to La Nina and political instability, leading it to import more tuna, including from Vietnam. Vietnam has surpassed China to become the 4th largest tuna supplier to Peru.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Vietnam Association of Seafood Exporters and Producers, after reaching a peak in 2022, Vietnam's tuna exports to Peru will continue to grow strongly in the first months of 2023. Peru is currently a Vietnam's 13th largest tuna import market. According to statistics of Vietnam Customs, Vietnam's tuna exports in 2022 reached $6.4 million, up 139% compared to 2021, and reached the highest level in the past 10 years. And this growth trend continues in the first months of 2023, the export value in the first 2 months of the year reached more than 2.2 million USD, up 123% over the same period in 2022. Vietnam is currently exporting mainly processed and canned tuna products to this market. In 2022, La Nina, a climate model that describes sea surface cooling along the tropical west coast of South America, has had a profound effect on the Peruvian tuna industry since late 2021. , causing the country's tuna catch to decrease and costs to increase significantly. In addition, ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.