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Apr 2018: Fluctuation in Vietnam tuna exports
July 21, 2018, 02:44 PM
(seafood.vasep.com.vn) In April 2018, Vietnam's tuna exports to some major markets decreased. However, thanks to the good growth in exports to other large markets, total exports of Vietnamese tuna increased over the same period in 2017.

According to statistics of Vietnam Customs, Vietnam’s tuna exports in April 2018 reached US$50 million, up 3% compared with April 2017. The figure in the first four months of this year amounted to over US$187 million, up 10% over the same period in 2017.

The proportion of fresh/frozen/dried tuna of Vietnam increased compared to the previous months, reaching over 52%, the remaining included processed and canned tuna products. Exports of Vietnamese tuna products went up over the same period last year except for those of fresh/frozen/dried tuna (HS code 03).

In April 2018, out of major markets of Vietnamese tuna, exports to the EU market declined.

The U.S

Vietnam’s tuna exports to the U.S continued to decline in April 2018. Therefore, tuna exports to the U.S market in the first four months of this year were still down 7.4% over the same period in 2017.

Exports of Vietnamese tuna products to the U.S decreased compared with the same period last year, except for other processed tuna. This year, the U.S still mainly imported Vietnam's tuna loins/fillets, followed by canned tuna products.

The EU

In April 2018, Vietnam's tuna exports to the EU decreased by 4% over the same period last year, reaching over US$10 million. However, the figure in the first four months of this year still increased by 17%, touching US$45 million.

Frozen tuna loins/fillets continued to be the main export products of Vietnam to the EU.

With the good growth rate from the beginning of the year, Vietnam's tuna exports to the EU in the first four months of this year increased nearly 30% compared with the same period in 2017, reaching nearly US$21 million.

Israel

Exports of Vietnamese processed and canned tuna to Israel increased over the same period last year. Meanwhile, exports of fresh/frozen/dried tuna declined. Notably, canned tuna exports to this market increased sharply by nearly 303%, reaching over US$6 million.

Japan

Vietnam’s tuna exports to Japan in April 2018 reached over US$2 million, the figure in the first four months totaled over US$8.5 million, up 24% over the same period. 2017.

Exports of Vietnam’s frozen tuna loins/fillets and other processed tuna to Japan continued to increase over the same period in 2017, and these were also the main export products to this market. Meanwhile, exports of other tuna products were on the downward trend.

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Specialist on Tuna market
Ms Van Ha
Tel: +84 24 37715055 (ext. 216)
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