Vietnam's tuna exports fell 22% year-on-year in the first 10 months of this year

Published 2023년 11월 27일

Tridge summary

Vietnam's tuna exports in October were $76 million, a slight decrease compared to the previous year. The cumulative export volume for the first 10 months of the year also saw a significant decrease of 22%. Although exports to some countries like Israel, Thailand, and Germany have increased, exports to the United States, Japan, and Canada have declined. However, in October, Vietnam experienced a 6% year-on-year increase in tuna exports to the United States and Canada, while exports to Chile, the Philippines, and South Korea saw even more significant growth. Additionally, tuna exports to Europe continue to decline, except for Italy, which saw a 30-fold increase and became Vietnam's largest tuna export market in the EU. Poland is the seventh-largest exporter of Vietnamese tuna in the EU, with canned fish accounting for the majority of exports and experiencing a significant increase in value.

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Original content

News from SeafoodMedia on November 23 that Vietnam’s tuna exports in October this year were US$76 million, a year-on-year decrease of 0.5%. The cumulative export volume in the first 10 months was US$693 million, a year-on-year decrease of 22%, ranking third among exported aquatic products. The export value of frozen steamed tuna loin increased by 24%, and the export value of canned tuna increased by 7%. Vietnam’s tuna is mainly exported to the United States, Israel, Thailand, Japan, Canada and Germany. Although exports to Israel, Thailand and Germany have grown well, exports to the United States, Japan and Canada have declined significantly. After several months of decline, Vietnam's tuna exports to the United States and Canada increased again in October, up 6% year-on-year. Exports to Chile, the Philippines and South Korea continued to accelerate, with increases of 406% and 116% respectively. and 402%. Vietnam's tuna exports to Europe continued to decline in ...

Source: Foodmate