High import tax hinders Asian canned tuna exports to Italy

(vasep.com.vn) According to International Trade Center (ITC), Spain continued to be the biggest supplier of canned tuna of Italy, accounting for 33.56 percent of total imports. In 2013, Spain sent 30 thousand MT of products to this market, worth US$234 million.

Over the recent years, due to limited wild catch and high production cost, exports of canned tuna of other European countries to Italy has been slowing down. It is boosting purchase from Seychelles, Mauritius, Ecuador, which are currently standing just after Spain in the canned tuna supplier list. Ecuador occupied 14.5 percent of Italian total imports, Seychelles (7.49 percent) and Mauritius (5.9 percent). These countries saw growth in export value over 3 recent years, especially Seychelles.

In terms of catch production, Asian tuna producers such as the Philippines, China and Indonesia have the same advantages as islands countries. But they still have low competitiveness in sales to Italian market. Canned tuna products from Asia are imposed a high import tax of about 20.5 percent while those from islands countries pay the zero percent rate as they are enjoying preferential import agreements offered by European countries.

ITC reported that Thailand was the leading supplier of canned tuna among Asian countries. However, Thailand shipments to Italy have been decreasing and its position slid from the second to the seventh in Italian import ranking. 

Italy is the largest market for Vietnam canned tuna in the EU. In 2013, imports from Vietnam had a worth of more than US$1 million.

Imports of canned tuna into Italy (US$ thousand)

Origin

2009

2010

2011

2012

2013

Spain

211,981

215,043

265,158

251,276

234,413

Ecuador

91,170

75,483

106,438

108,596

141,165

Seychelles

38,243

40,043

38,647

44,168

63,609

Mauritius

53,303

51,696

44,385

56,111

62,777

Ivory Coast

61,357

53,906

43,492

56,872

61,113

Colombia

46,998

36,675

54,849

61,833

58,724

Thailand

64,498

38,416

42,224

47,639

34,946

Solomon Islands

11,958

10,699

23,456

29,291

31,073

Others

97,740

73,905

100,791

93,034

125,931

World

677,248

595,866

719,440

748,820

813,751


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SPECIALIST ON TUNA MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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