Vietnamese tuna exports to the UK decreased

The Vietnam Association of Seafood Exporters and Producers (VASEP) said that in the cumulative 9 months, tuna exports to the UK increased by 48% over the same period last year, reaching more than 5.5 million USD. However, in September, exports slowed down, falling 36% after a period of good growth. In terms of product structure, Vietnam exports the most meat and frozen tuna cans - accounting for 94% of total export turnover. Compared to the same period last year, fresh and frozen tuna products from Vietnam to the UK are increasing sharply. In the first months of 2023, the UK has one of the highest inflation rates among major economies. High inflation has affected seafood sales, including tuna, in this country. Demand for tuna products and long-preserved seafood such as canned and bagged tuna has dropped sharply. However, according to Kantar Worldpanel's report, the food inflation rate in the UK has dropped back to single digits for the first time since July 2022. The annual food ...