10-month Tuna exports fall to an estimated US$690 million
VOV.VN - Tuna exports raked in US$693 million during the past 10 months of the year, marking an annual year drop of 22% to rank third among aquatic products, according to details given by the Vietnam Association of Seafood Exporters and Producers (VASEP).
Throughout the reviewed period, total overseas shipments of aquatic products fell by 21% to US$7.4 billion, with all products recording lower export revenue compared to the same period from last year, in line with figures released by the VASEP.
The biggest importers of Vietnamese tuna were the United States, Israel, Thailand, Japan, Canada, and Germany. While exports to markets such as Israel, Thailand, and Germany enjoyed strong growth, shipments to the US, Japan, and Canada plunged.
Most notably, tuna exports to the US, the largest market, declined by 41% from the previous year during the first nine months of the year.
Meanwhile, nine-month exports to Poland shot up by 125% to reach US$4 million, statistics indicate.
Poland represents the seventh largest EU market of tuna from Vietnam, the VASEP noted, considering the continuous growth in the Eastern European country’s tuna imports over the last five years to be a good chance for Vietnamese products there.
Vietnam is currently the third largest non-EU supplier of tuna for Poland, behind Ecuador and the Philippines. While the Philippines’ exports to this market have been shrinking, the nations are now on the rise, the association said.
Canned fish made up the biggest proportion at more than 83%, among tuna products shipped to Poland, with a surge of 211% in value. Businesses attributed the growing exports to Poland partly to the impact of inflation. Higher prices in supply chains such as vegetable oil, can, and carton package prices have also boosted importers’ direct purchases.
Though exports to the UK have fallen over recent months, total tuna shipments there still climbed by 48% during the January to September period to reach over US$5.5 million. The export value of fresh and frozen tuna products also rose sharply compared to the same period from last year.
