Vietnam's tuna market share in Chile increased sharply

Vietnam’s tuna market share in Chile increased sharply. After the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect from January 2019, Vietnam’s tuna export turnover to Chile has prospered. Even when the outbreak of the Covid-19 pandemic hindered tuna export to other markets, Vietnam’s tuna export to Chile still maintained the growth. Vietnam tuna exports to Chile increase continuously in the first 5 months of 2022. According to statistics of Vietnam Customs, tuna export to Chile in the first 5 months of 2022 reached more than 4 million USD, a rise of nearly 59% compared to the same period in 2021. In particular, tuna exports to this market have recorded 3- digit growth in some months. Chile is currently importing a lot of frozen tuna meat/loin from Vietnam, accounting for 87% of the total tuna value imports. According to the statistics of the World Trade Center (ITC), Chile’s total tuna import reached more than 17 thousand tons, worth more ...