Tuna loins/fillets (HS code 0304) are the main export product of Vietnam, accounting for 54% of total export value. The remaining is canned/processed tuna products. This year, Vietnamese exports of canned/processed tuna to Chile touched US$1.2 million, increasing sharply by 1,376% from the same period last year.
In 2017, Chile imported more than 60 thousand MT of tuna, worth by US$82 million, up 285% in volume and 30% in value over the same period in 2016. In early 2018, tuna imports into this country continue to increase.
Chile currently increased imports of processed/canned tuna for the domestic demand. This product accounted for 98% of the total import volume of tuna into Chile in 2017. The remaining was frozen tuna loins/fillets.
In 2017, Chile imported tuna from 10 countries around the world. Thailand, Ecuador, Spain, China and Vietnam stayed as top five largest tuna suppliers to the country. Chilean tuna imports from these exporters increased compared to 2016. The average import duty on canned tuna into Chile for Thailand, Ecuador, China and Vietnam is 0%, while that for Spain is 4%.
11 Asia-Pacific countries, including Vietnam and Chile, signed the Comprehensive and Progressive Pacific Partnership (CPTPP), Chile projected to become one of potential markets for Vietnamese tuna enterprises in the coming time.
|
TUNA SUPPLIERS TO CHILE (MT) |
||||||||||
|
Suppliers |
2008 |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
|
Total |
8,600 |
7,084 |
10,831 |
12,476 |
11,147 |
16,549 |
17,031 |
19,382 |
15,703 |
60,452 |
|
Thailand |
1,335 |
946 |
1,910 |
1,584 |
1,694 |
4,346 |
7,831 |
7,278 |
6,506 |
29,923 |
|
Ecuador |
4,237 |
3,132 |
4,641 |
9,085 |
8,605 |
10,181 |
7,873 |
5,965 |
5,706 |
17,176 |
|
Spain |
132 |
0 |
122 |
98 |
152 |
984 |
522 |
1,976 |
1,419 |
7,030 |
|
China |
141 |
122 |
40 |
183 |
|
102 |
360 |
654 |
1,312 |
3,386 |
|
Vietnam |
|
|
|
|
23 |
88 |
81 |
525 |
503 |
2,367 |
|
Peru |
29 |
0 |
18 |
1 |
0 |
8 |
10 |
18 |
8 |
429 |
|
US |
1 |
3 |
0 |
0 |
1 |
7 |
1 |
4 |
5 |
45 |
|
Brazil |
281 |
226 |
126 |
102 |
61 |
61 |
2 |
|
|
42 |
|
Costa Rica |
11 |
12 |
2 |
|
|
1 |
|
9 |
37 |
33 |
|
South Korea |
|
|
|
|
0 |
|
|
|
1 |
20 |
|
(Source: ITC) |
||||||||||
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
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