Vietnam's tuna exports grow rapidly

Published 2024년 7월 1일

Tridge summary

The Vietnam Association of Seafood Processing and Exporters reports that Vietnamese tuna products are exported to over 90 markets, with 90% going to the US, EU, CPTPP member countries, Israel, Canada, Japan, and Mexico. There has been significant growth in exports to the EU, Russia, and South Korea. In the EU, tuna exports to Italy, Germany, and the Netherlands have seen triple-digit growth. As the demand for aquatic products recovers in major markets and inflation is controlled, experts predict that global demand for aquatic products will increase, providing more export opportunities for Vietnamese aquatic products.

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

Original content

According to the Vietnam Association of Seafood Processing and Exporters, Vietnamese tuna products have been exported to more than 90 markets. Among them, exports to major markets such as the United States, the European Union, CPTPP member countries, Israel, Canada, Japan and Mexico account for 90% of the total exports. In particular, the United States, the European Union, Russia and South Korea markets, the year-on-year growth of tuna exports reached 37%, 71%, 32% and 158% respectively. It is worth noting that in the EU market, Vietnam's tuna exports to the three major markets of Italy, Germany and the Netherlands have all seen a three-digit surge. Vietnam is currently Russia's second largest exporter after China and Thailand Vietnam is the third largest tuna supplier to Russia. However, among the tuna products exported by Vietnam to Russia, frozen and canned tuna are the main export products and enjoy duty-free treatment, while similar products from China and Thailand are ...

Source: Foodmate