Notably, while Vietnam's tuna exports in the first 5 months of 2023 to the EU all decreased over the same period, canned tuna exports increased sharply by 71% over the same period last year. With this increase, canned tuna is Vietnam's main export product to the EU in this period, accounting for more than 50% of the total export value.
Meanwhile, EU canned tuna imports are decreasing. The high price of skipjack tuna in the world pushed up the price of canned tuna imported into this market by 18% in the first 3 months of the year, reducing the purchasing power of EU importers. EU canned tuna imports during this period also decreased by 21% in volume. Imports of canned tuna from the EU from main sources have mostly decreased.
After a decline in April 2023, Vietnam's tuna exports to the EU increased again in May, up 15%
Among EU countries, Germany and the Netherlands are the two largest import markets of Vietnamese tuna in the first 5 months of the year. Compared to the same period in 2022, Vietnam's tuna exports to Germany and the Netherlands both increased by 23% and 26% respectively.
By the end of May 2023, Vietnam had more than 31 enterprises participating in exporting tuna to the EU market. In which, FoodTech, Bidifisco and Yueh Chyang Canned Food are the three leading companies in exporting to this market, accounting for more than 40% of total tuna export turnover.
This year, the combination of inflation, high inventories, and rising prices of canned tuna has led EU importers to seek increased imports from countries offering preferential tariffs, such as Vietnam. However, the current global situation regarding skipjack tuna prices remains unsettled. Moreover, the preferential tariff quotas allocated to Vietnam's canned tuna products under the EU-Vietnam Free Trade Agreement (EVFTA) are nearing exhaustion. Consequently, Vietnam's exports of this item are anticipated to decline in the latter half of the year.
|
TOP 10 VIETNAM TUNA EXPORTERS TO THE EU, Jan-May/2023 |
||
|
No |
Company |
Proportion (%) |
|
1 |
FOODTECH |
15 |
|
2 |
BIFISCO |
13 |
|
3 |
YUEH CHYANG CANNED FOOD |
13 |
|
4 |
KTCFOOD |
8 |
|
5 |
TRANG THUY SEAFOOD |
8 |
|
6 |
TUNA VIETNAM |
5 |
|
7 |
CANFOCO DANANG |
5 |
|
8 |
AHFISHCO |
5 |
|
9 |
EDISON FOODS |
4 |
|
10 |
HAI TRIEU Co., Ltd |
4 |
|
(Source: Customs data) |
||
Compiled by Thuy Linh
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn