OVERVIEW ON VIETNAM TUNA INDUSTRY

With a coastline of over 3,260 km and an exclusive economic zone of over 1 million km2, the marine resources of Vietnam's waters are considered to be very rich and diverse, with more than 2,000 marine species.

Group of pelagic fish, mainly tuna species: frigate mackerel, bullet tuna, eastern little tuna, longtail tuna, skipjack tuna, yellowfin tuna, bigeye tuna...

The estimated annual catch of yellowfin and bigeye tuna is 30.5 thousand tons; skipjack and inshore tuna group is 313 thousand tons.

Tuna is a species of high economic value and dominates in the production of marine species of Vietnam.

In recent years, tuna has always accounted for the largest proportion in the total seafood export turnover, and the group of items with the third largest value in the total seafood export turnover of Vietnam. From 2020 - 2024, the proportion of tuna export value in the total seafood export turnover has increased from 8.4% in 2020 to 10% in 2024.

In 5 years (2020 - 2024), Vietnam's tuna export increased by 52% from 649 million USD in 2020 to 989 million USD in 2024. The average growth of Vietnam's tuna export value during this period was 8%/year. Vietnam's main tuna export species include yellowfin tuna, bigeye tuna, skipjack tuna, etc.

Vietnam's tuna products have been exported to more than 110 markets around the world. Of which, the US, EU, Middle East and CPTPP countries are the 4 markets that consume the most tuna from Vietnam, accounting for 82-86% of the total export turnover of tuna from Vietnam.