News

The US and the CPTPP group speed up the closing of orders to buy tuna fish, and Vietnam collects hundreds of millions of dollars

Tuna
Vietnam
United States
Published Apr 23, 2022

Tridge summary

According to the Vietnam Association of Seafood Exporters and Producers, from the beginning of the year until now, the US is still the number 1 market for Vietnam's tuna consumption. The total value of Vietnam's tuna exports to the US reached nearly 137 million USD, up 116% over the same period last year.

Original content

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), accumulated in the first three months of the year, Vietnam's tuna export value reached more than US$259 million. This number is up 72% over the same period in 2021, and 1.6 times higher than the same period in 2019, the time before the outbreak of the Covid-19 pandemic. The good news is that export orders of high-value frozen tuna meat/fillets (HS code 0304) in the first three months of this year increased sharply, reaching 123% over the same period, reaching $184 million. Especially, the proportion of export value of this product group increased from 55% in the first quarter of 2021 to 72% in the first quarter of this year. Exports of other processed tuna products (mainly frozen steamed tuna loins) also increased by 37% over the same period. And exports of canned tuna products tend to decrease. Khanh Hoa, Binh Dinh, Phu Yen, Ho Chi Minh City and Binh Duong are the leading localities in terms of tuna ...
Source: Danviet
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