News

Vietnam’s tuna exports to the UK increased by 77% year-on-year in the first seven months of this year

Tuna
Seafood
United Kingdom
Vietnam
Published Sep 12, 2023

Tridge summary

Vietnam's tuna exports to the UK experienced a sharp decline of 51% in May, but rebounded in the following two months, resulting in a year-on-year growth of 77% in turnover and a 98% increase in export volume for the first seven months of this year. Fresh and frozen tuna products make up 99% of Vietnam's total tuna exports to the UK. The El Niño phenomenon and shipping issues in South America have created export opportunities for Asian countries, including Vietnam, to European markets such as the UK.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

According to news from SeafareMedia on September 5, Vietnam’s tuna exports to the UK dropped sharply by 51% in May, but continued to grow in the next two months. This growth made Vietnam’s tuna exports to the UK in the first seven months The turnover reached US$4.5 million, a year-on-year increase of 77%, and the export volume increased by 98% year-on-year. ​ Vietnam mainly supplies fresh and frozen tuna products to the UK, accounting for 99% of total exports. Vietnam ranks 13th among tuna suppliers to the UK market, with Ecuador, Mauritius and Seychelles ranking high. ​ This year, due to the El Niño phenomenon and shipping problems, tuna exports from South America have been hindered, which has promoted export opportunities for tuna from Asian countries, including Vietnam, to European countries, including the United Kingdom. ​ ...
Source: Foodmate
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