Vietnam's tuna exports fell 11% in February

Published 2024년 4월 1일

Tridge summary

Vietnam's tuna export industry has experienced mixed outcomes as of February's end, with a 53% increase in canned tuna exports and expansion to 80 destinations worldwide, up from 70 the previous year. Despite this growth, there has been a slight decline in exports of frozen tuna meat/loin and frozen steamed tuna loin by 1% and 3% respectively. Overall, tuna exports saw an 8% decrease in February, with a notable 16% drop in exports to the EU, attributed to challenges such as the IUU yellow card issue and domestic raw material shortages. However, there has been positive growth in exports to Canada, Chile, and the United States.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As of the end of February, Vietnam's exported tuna product categories, except for frozen tuna meat/loin and frozen steamed tuna loin coded HS03034, have all increased compared with the same period. The export quantities of the above two categories of products have decreased by 1% and 3% respectively year-on-year. . Exports of canned tuna have increased significantly by 53%. Such products account for an increasing proportion of exported tuna products, and the number of export destinations has increased from 70 last year to 80 today. After a sharp increase in exports of tuna in January this year, Vietnam's tuna declined slightly in February, with a decrease of 8%. With the exception of canned tuna, exports of such products continued to maintain good growth momentum. In February, Vietnam's tuna exports to the EU fell by 16% year-on-year. Although tuna exports to Germany and the Netherlands decreased, exports to Italy and Poland increased sharply. Exports to Canada and Chile grew ...

Source: Foodmate