News

Vietnam's tuna exports to the UK tripled

Tuna
Seafood
Vietnam
Published Apr 13, 2023

Tridge summary

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of the year, tuna exports continued to plummet and only reached US$109 million, down 30% over the same period last year. In which, the main markets such as the US and EU plummeted by 50%. The cause is high inflation, changing consumer habits. They focus on cheap products. In addition, Vietnam has not yet removed the "IUU Yellow Card" which is an obstacle for the tuna industry. However, exports still have positive signs when goods to the UK, Japan, Germany and Israel increase. In particular, in February, tuna exports to the UK increased more than 13 times, reaching $971,000. Accumulating two months, tuna exports to this market reached 1.3 million USD, tripled compared to the same period in 2022. Besides the UK, exports to Japan, Thailand, Germany and Israel in the first two months of the year also increased. 32-99% growth respectively. These are also the countries in the top 5 of Vietnam's tuna exports.

Original content

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of the year, tuna exports continued to plummet and only reached US$109 million, down 30% over the same period last year. In which, the main markets such as the US and EU plummeted by 50%. The cause is high inflation, changing consumer habits. They focus on cheap products. In addition, Vietnam has not yet removed the "IUU Yellow Card" which is an obstacle for the tuna industry. However, exports still have positive signs when goods to the UK, Japan, Germany and Israel increase. In particular, in February, tuna exports to the UK increased more than 13 times, reaching $971,000. Accumulating two months, tuna exports to this market reached 1.3 million USD, tripled compared to the same period in 2022. Besides the UK, exports to Japan, Thailand, Germany and Israel in the first two months of the year also increased by 32-99%, respectively. These are also the countries ...
Source: VNExpress
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