Vietnam's tuna exports to Canada have great potential

Thailand, Italy, Vietnam, the United States, Mexico, Indonesia, Ecuador, Sri Lanka and the Philippines are the nine largest tuna suppliers to the market, accounting for 95% of the total imports. After reaching a peak in 2022, Canada's tuna imports fell to the lowest level in nearly 10 years in 2023, reaching 35,000 tons, a decrease of 24% from 2022. Canada is one of the 15 largest tuna importing countries in the world. Thai tuna products dominate the Canadian tuna market, accounting for 52% of the total tuna imports in the market. In order to avoid over-reliance on tuna supplies from Thai companies, Canadian importers have tended to reduce imports from Thailand in recent years. Canada The import of tuna from Vietnam, Indonesia and Ecuador is increasing. In the past five years, the amount of tuna imported by Canada from Vietnam has increased from US$21 million to US$34 million, an increase of 57%. Canada imports a large amount of processed and canned tuna from other countries, ...