According to the statistics of Vietnam Customs, in May-Jul 2016, Vietnam tuna exports to Canada recorded continuous climbs. In July, the shipments to Canada reached US$1.3 million, up 76% compared to July 2015. The figure in Jan-Jul this year estimated at US$5.2 million, up 11% year on year.
However, tuna imports into Canada tended to slow down. According to statistics of the International Trade Centre (ITC), in the first half of this year, the country imported nearly 20 thousand MT of tuna, worth by nearly US$85.6 million, up 1.8% in volume but down 6.6% in value. Vietnam was the 5th largest tuna supplier to this market, behind Thailand, the Philippines, the U.S. and Italy.
Canada mainly imports canned tuna from other countries. However, this year, Canada reduced imports of canned tuna, while increased those of fresh/live/frozen tuna. According to ITC, in the first 6 months of this year, Canada imported more than 18 thousand MT of canned tuna, worth by more than US$71 million, down 0.3% in volume and 6.2% in value. Meanwhile, imports of fresh/live/frozen tuna into Canada reached more than US$1.9 million, up 26.7% year on year.
Vietnam sold fresh/live/frozen tuna to the market with the total value of nearly US$3.9 million in Jan-Jul 2016 in which frozen tuna loins were mainly exported. Frozen tuna loins exported to the market enjoy tax exemption.
However, due to raw material shortage, Vietnam has to compete with other countries in the region such as Thailand, the Philippines and Indonesia.
In the last months of the year, Vietnam tuna exports to Canada forecasted to remain unstable, but increase over the same period last year.
|
TUNA IMPORTS INTO CANADA, JAN-JUN/2016/2015 |
||||||
|
Suppliers |
Value (Thousand US$) |
Volume (kg) |
||||
|
Jan-Jun/2015 |
Jan-Jun/2016 |
Variation (%) |
Jan-Jun/2015 |
Jan-Jun/2016 |
Variation (%) |
|
|
Thailand |
91,650 |
85,571 |
-6.6 |
16,470,282 |
15,639,623 |
-5 |
|
The Philippines |
67,522 |
61,185 |
-9.4 |
808,093 |
881,102 |
9 |
|
The U.S |
4,070 |
4,613 |
13.3 |
433,496 |
981,559 |
126.4 |
|
Italy |
3,276 |
4,281 |
30.7 |
514,526 |
975,457 |
89.6 |
|
Vietnam |
3,596 |
3,952 |
9.9 |
513,352 |
625,763 |
21.9 |
|
Sri Lanka |
4,385 |
3,703 |
-15.6 |
191,108 |
278,894 |
45.9 |
|
South Korea |
2,664 |
3,528 |
32.4 |
117,187 |
78,005 |
-33.4 |
|
Mexico |
468 |
538 |
15 |
48,044 |
46,394 |
-3.4 |
|
Indonesia |
871 |
520 |
-40.3 |
75,883 |
40,754 |
-46.3 |
|
Others |
-86,852 |
-82,320 |
-5.2 |
466,374 |
437,961 |
-6.1 |
|
Total |
91,650 |
85,571 |
-6.6 |
19,638,345 |
19,985,512 |
1.8 |
Written by Nguyen Ha
Compiled by Dieu Thuy
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.
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(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.
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(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.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
Regulations on the protection and sustainable development of aquatic resources, Việt Nam's legitimate rights at sea in accordance with international law and the achievements that the country has carved out to remove the European Union’s “yellow card” will be brought closer to local people.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in January 2024, Vietnamese pangasius exports to Germany decreased by 30% compared to last year and reached only nearly 2 million USD.
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