Vietnam: Tuna exports continued to be positive in the last months of the year

Published Sep 8, 2023

Tridge summary

Vietnam's tuna exports to the UK have increased in the first seven months of 2023, contributing to a 77% higher export turnover compared to the same period in 2022. Vietnam currently accounts for 99% of the UK's imports of fresh and frozen tuna products. Additionally, the decline in major markets such as the US, Japan, and Canada has been less in July, while tuna exports to the EU have continued to recover and compensate for earlier volume declines.
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Original content

Many export opportunities to the UK According to statistics from Vietnam Customs, after a sharp decrease of 51% in May 2023, Vietnam's tuna exports to the UK continued to increase in the following 2 months. This growth has contributed to raising the total export turnover to the UK in the first 7 months of 2023 to 77% higher than the same period in 2022, reaching more than 4.5 million USD. According to Ms. Nguyen Ha, tuna market expert of the Vietnam Association of Seafood Exporters and Producers (VASEP), the UK currently imports a lot of fresh and frozen tuna products from Vietnam, accounting for 99%. total export turnover. Over the same period, Vietnam's exports of these products to the UK increased by 98%. Meanwhile, exports of processed and canned tuna decreased. In the UK market, Vietnam is the 13th largest source of tuna, while Ecuador, Mauritius and Seychelles are leading this market. However, this year due to the El Nino phenomenon, rainfall in Panama decreased. Drought ...
Source: Vinanet
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