Vietnam's frozen tuna exports to Japan tripled

Published 2023년 3월 17일

Tridge summary

Vietnam has seen a 38% increase in tuna exports to Japan, reaching nearly 2.3 million USD, as Japan increases imports from other countries due to a decrease in domestic catch. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) tariff preferences are also contributing to the growth. In the first quarter of 2023, Japan imported more fresh, frozen, and dried tuna products from Vietnam, while reducing imports of processed and canned tuna products. Exports of tuna meat and loin products, which account for 52% of the total export value, increased by 162%.

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Original content

The export value of tuna to this market of Vietnam reached nearly 2.3 million USD, up 38% over the same period in 2022. The decrease in catch of the domestic fleet is causing Japan to increase imports of fresh and frozen tuna from other countries, including Vietnam. Moreover, in the first period of 2023, the tariff preferences under the agreement that Japan offers to Vietnam in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are restarting, which is creating strength in the future. attraction for Vietnamese tuna products. This year, Japan increased imports of fresh, frozen and dried tuna products from Vietnam over the same period, while decreasing imports of processed and canned tuna products. Vietnam's export value of tuna meat/loin products accounts for the highest proportion of 52% of the total tuna export value to this market. Over the same period, exports of this product group increased by 162%. In which, Vietnam mainly frozen yellowfin ...

Source: Vinanet