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In 2016, Vietnam’s exports of tuna reached nearly US$510 million, up 12% compared to 2015. The rise in tuna sales was thanks to higher demand for tuna from main
Exports of most tuna products enjoy growth, particularly canned tuna saw the highest growth rate of 32.3%, trailed by fresh, frozen and dried tuna products
The covid-19 pandemic is blamed for the plunge of Vietnam’s tuna exports, with the vast majority of sales being on the decline.
In August alone, Vietnam saw a 97% increase in exporting processed and canned tuna as compared to the same period last year.
With export turnover of tuna to the Netherlands increasing by more than 60 percent, the Netherlands is the largest import market of Vietnam tuna in EU.
Vietnam’s tuna exports to Japan have dropped for four consecutive years since 2013 partly due to high import tariff at 6.4 percent – 7.2 percent.
Tuna exports are expected to increase by 8 per cent this year to US$524 million, according to the Viet Nam Association of Seafood Producers and Exporters.
The core markets of Vietnamese tuna, the US, EU and ASEAN, all saw a slump. Tuna export value to the US declined by 23% in March.
Canned tuna was the major product that Vietnam sold to Portugal in 2019. This country is leaning towards importing fillet/frozen tuna loin code HS0304
Value chains, which involve fishing, processing and consumption of tuna, have helped Vietnamese tuna products gain competitive edge in more than 200 markets