Vietnam tuna sales to Canada in August 2015 reported tremendous surge while exports of the item to other leading markets fell down. Tuna sales in the month watched year-on-year increase of 61% to reach US$1.4 million. However, tuna sales in the first 8 months of the year hit US$6.1 million, down 27.6% year on year due to reduction in export revenue of previous months.
Canada imports mainly dried/frozen/live/fresh tuna from Vietnam, accounting for 80% of Vietnam’s total tuna exports to the market with value of US$5 million. In which tuna loin took the largest proportion of 61% with the value of US$3.8 million.
Through June 2015, Canada imported nearly 19.6 thousand of MT, worth by US$91.6 million, up 15% in volume and 7% in value.
Canada mainly consumes canned tuna. The statistics from International Trade Center (ITC) showed that imports of canned tuna into Canada in Jan-Jun 2015 touched US$76 million, occupying 83% of total tuna import value. Canada is raising importing the item while the market reduced importing dried/frozen/live/fresh tuna (except for tuna loin).
According to ITC, Canada imports tuna from 53 suppliers in the world in which Thailand, Philippines and Vietnam are leading ones. Thailand is the largest tuna supplier to Canada with its market share of 84%, followed by Philippines and Vietnam with the market share of 4% and 2.6%, respectively. So far this year, tuna imports into Canada from Vietnam reported a year-on-year drop while imports from almost suppliers out of top 10 leading suppliers to Canada reported the increase.
In the last months of this year, Vietnam tuna exports to Canada are expected to report a year-on-year growth.
(vasep.com.vn) Through the first quarter of the year, in a context where the shrimp industry still faced many risks, shrimp exporting enterprises still showed efforts and determination in production and business.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
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