Vietnamese tuna exports to Canada skyrocketed

Published 2022년 4월 5일

Tridge summary

Vietnam's tuna exports to Canada are on the rise, with the country being the second largest single tuna import market after the US and the largest in the CPTPP bloc, accounting for nearly 5% of the total value of tuna exports. Vietnam is the largest supplier in the frozen tuna meat market. There are 31 enterprises exporting tuna to Canada, with the four largest accounting for over 65% of the total exports. Despite the lack of preferential import tax incentives, the Canadian market is expected to continue to provide favorable conditions for Vietnamese tuna exports due to its welcoming population and increasing demand for seafood.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Vietnam Association of Seafood Exporters and Producers, this is the most optimistic growth rate after many months of decline due to the impact of the 4th wave of the Covid-19 epidemic. Currently, Canada is Vietnam's second largest single tuna import market after the US and the largest market in the CPTPP bloc, accounting for nearly 5% of the total value of tuna exports. In the frozen tuna meat market segment, Vietnam is the largest supplier for this market. There are 31 enterprises participating in exporting tuna to Canada. In which, the 4 largest tuna exporting companies are Yueh Chyang Canned Food, Foodtech, Bidifish, Tithico accounting for over 65% of the total value of tuna exports to this market. According to statistics of the International Trade Center - ITC, Canada is the 16th largest tuna import market in the world. With a population of nearly 38 million people and a policy of welcoming about 400,000 immigrants a year, Canadians' demand for seafood, ...
Source: VNExpress

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.