Tuna exports to EU on the rise
VOV.VN - Vietnam tuna exports to the EU is showing signs of recovery and upturn in the remainder of this year after several months of declines, hitting US$87.9 million in ten months, a year-on-year rise of 4.9%.
Exports of processed tuna stood at just US$39 million, down 10%.
Vietnam tuna products are shipped to 20 EU countries, primarily to Italy, Germany and Belgium.
High tax rates have driven canned tuna products from Vietnam in a fix to compete at the EU market while similar products from Ecuador and the Philippines enjoy a zero percent tariff.
Experts forecast that tuna exports to the EU continue to increase in the remaining months as holidays of the year begin to come.