The economic downturn not affects tuna consumption in Portugal

(vasep.com.vn) Portugal is one of the 10 markets accounting for the largest proportion of tuna export value of Vietnam in April 2013.

In the first four months of this year, the value of Vietnam’s tuna exports, to this market, reached nearly US$4 million, up 419 percent compared to the same period of the past year.

Since the EU increased the quota of importing cooked tuna loins, from 15,000 tons to 22,000 tons per year with free tax for Asian countries, imports of this product have been increasing in Portugal.

In the first four months of this year, the imports of tuna loins from Vietnam reached US$2.25 million, an increase of over 941 percent compared to the same period of the past year and 1.4 times of the total value of the last year. Until now, Vietnam is the second largest supplier to Portugal, following Spain. In addition, imports of fresh/frozen tuna products by the country rose 67 percent over last year, reaching US$ 924,850.

Canned tuna products of Vietnam are still not attractive to Portugal people, while Vietnam has a good potential in producing these kind of products. In Jan – Apr 2013, other processed tuna exports by Vietnam to Portugal have also been improved remarkably and Vietnam ranked the fourth position behind Spain, Ecuador and Indonesia among leading tuna exporters to Portugal.

VIETNAM TUNA EXPORT MARKETS, JAN – APRIL 2013

Source: VASEP in cooperation with Vietnam Customs

No.

Markets

Value (US$)

Proportion (%)

No.

Markets

Value (US$)

Proportion (%)

1

The U.S.

76,026,563

36.73

30

Israel

7,764,611

3.75

EU

46,724,568

22.58

31

Canada

4,916,053

2.38

2

Germany

14,692,725

7.10

32

Tunisia

4,367,816

2.11

3

Italy

9,464,188

4.57

33

Mexico

3,234,141

1.56

4

Spain

4,938,737

2.39

34

Taiwan

2,383,084

1.15

5

Portugal

3,986,143

1.93

35

Switzerland

1,911,350

0.92

6

The Netherlands

3,968,341

1.92

36

Lybia

1,782,753

0.86

7

The U.K.

2,754,465

1.33

37

Iran

1,394,481

0.67

8

Belgium

1,700,006

0.82

38

Norway

1,391,806

0.67

9

France

1,437,510

0.69

39

Croatia

1,384,894

0.67

10

Poland

1,055,605

0.51

40

Lebanon

1,362,515

0.66

11

Greece

716,189

0.35

41

Turkey

832,475

0.40

12

Austria

544,085

0.26

42

Chile

784,823

0.38

13

Sweden

396,880

0.19

43

Nga

765,410

0.37

14

Denmark

343,863

0.17

44

Algeria

645,577

0.31

15

Romania

263,163

0.13

45

Egypt

626,785

0.30

16

Malta

202,590

0.10

46

UAE

539,735

0.26

17

Estonia

110,700

0.05

47

Syria

482,938

0.23

18

Cyprus

82,485

0.04

48

Peru

394,953

0.19

19

Latvia

45,695

0.02

49

Montserrat

394,260

0.19

20

Lithuania

21,200

0.01

50

Australia

352,168

0.17

ASEAN

11,917,228

5.76

51

Jordan

339,236

0.16

21

Thailand

9,450,913

4.57

52

South Korea

312,070

0.15

22

The Philippines

1,856,263

0.90

53

Apganistan

305,685

0.15

23

Singapore

373,915

0.18

54

South Africa

271,769

0.13

24

Malaysia

109,271

0.05

55

Colombia

219,900

0.11

25

Indonesia

83,800

0.04

56

Ghana

209,168

0.10

26

Cambodia

43,065

0.02

57

Dominican Rep.

200,309

0.10

China & Hong Kong

3,091,999

1.49

58

Liberia

189,220

0.09

27

China

1,800,024

0.87

59

Benin

143,100

0.07

28

Hong Kong

1,291,975

0.62

60

Puerto Rico

123,318

0.06

29

Japan

27,840,614

13.45

            21 others

1,337,107

0.65

Others

41,363,507

19.99

TOTAL

206,964,479

100.00


Comment

SPECIALIST ON TUNA MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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