Tuna exports to gross US$1 billion this year
VOV.VN - With tuna exports surging by 55% to nearly US$808 million during the past nine months of the year, the tuna industry is anticipated to rake in US$1 billion this year, according to figures compiled by the Vietnam Association of Seafood Exporters and Producers (VASEP).
Expert Nguyen Ha of the VASEP revealed that the United States continues to be Vietnam's largest tuna export market, with turnover in September edging up 33% to reach over US$31 million against the same period from last year.
Most notably, tuna exports to member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) throughout the reviewed period soared by 95% to nearly US$11 million, while exports to Europe also grossed nearly US$18 million over the past nine months, up 64% on-year.
In line with these figures, Vietnamese tuna exports to EU markets such as Belgium and Germany in September saw sharp annual rises of 199% and 48%, respectively.
During the nine-month period, the country’s top six largest tuna export markets included the US with turnover of US$405 million, Canada with US$43 million, Japan with US$31 million, Israel with US$26 million, Saudi Arabia with US$23, and Thailand with US$20 million.
Due to high inflation occurring in some countries, the demand for tuna imports in several of the nation’s main markets has slowed down.
Despite the growth rate declining compared to previous months, Vietnamese exports of frozen tuna loin saw high growth in the reviewed period, with the export value of the product group rising by 99% on-year.
Furthermore, exports of canned tuna and other processed tuna also increased by 6% and 18%, respectively.
