In 2023, Chile opened its doors to Vietnamese tuna

Published 2024년 2월 29일

Tridge summary

In 2023, Chile emerged as the 13th largest market for Vietnamese tuna, with a 192% increase in imports of processed and canned products compared to 2022. This surge is attributed to Chile's low inflation and decreasing consumer price index, which have boosted consumption. The Chilean market's less stringent quality demands, compared to the US, Japan, and EU, and the existing free trade agreement with Vietnam, further enhance its potential as an export market for Vietnamese consumer goods.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Chile was currently the 13th largest tuna import market among Vietnam's 109 tuna import markets in 2023. Among Vietnam's exported tuna products to this market, processed and canned tuna products tend to increase sharply, up 192% compared to 2022. Exports of fresh and frozen tuna products and dried tuna also increased, but at a slower rate, up 46%. In 2023, in the context of high inflation in other countries, inflation in Chile was low. In the second half of 2023, the country's consumer price index decreased continuously. And this is boosting consumption in Chile, including demand for tuna. Besides, the Chilean market is not as demanding on product quality as the United States, Japan, and European Union (EU) countries, and this is a great advantage for Vietnam's exports. According to the Vietnamese Ambassador to Chile Pham Truong Giang, Chile is a potential export market for Vietnamese consumer goods, because, in recent years, the living standards of people in ...
Source: Vasep

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