The U.S.
Until the end of January, 2017, the U.S. remained to be the largest importer of Vietnam tuna, accounted for 35.8% of the total export value, reached US$12.2 million. However, Vietnam tuna exports to the market downed 6% compared with that of the same period in 2016.
Sales of frozen tuna fillet/loin (HS code 0304) to the market reached US$7.4 million, down 10% year on year. Meanwhile exports of canned tuna up 9% with the sales of US$4.2 million.
EU
Vietnam tuna exports to the EU in Jan 2017 declined 8.4% compared with that of Jan 2016 and reached the sales of US$7.1 million. The EU accounted for 21% of total tuna export value of Vietnam in Jan 2017.
In Jan 2017, Vietnam tuna exports to Italy- the largest single market of Vietnam tuna in 2016 – reported the decrease. Meanwhile, Vietnam exporters strengthened shipping to the Netherlands. Thus, the Netherlands has become the second largest market of Vietnam tuna in the EU bloc. Germany, the Netherlands and Belgium are in turn three leading markets of Vietnam tuna in the EU.
Japan, Isarel and ASEAN
Tuna exports to these three markets in Jan 2017 has changed the trend compared with Jan 2016. Tuna exports to Japan and Isarel increased while that to ASEAN decreased.
With the year-on-year growth of 87.6% in tuna imports from Vietnam, Israel has become the 3rd largest market of Vietnam tuna, making up 11% of total tuna exports by Vietnam.
Tuna exports to Japan in Jan 2017 showed sharp growth of 113%. Exports of all tuna products to these two markets showed the increase. Sales of canned tuna to Israel rose 213%; sales of frozen/live/fresh tuna to Japan (HS03 ext 0304) rose 1,524%.
In this month, Vietnam tuna exports to Thailand- the largest tuna import market in ASEAN, accounting for 62% in the total import value of the bloc, has 58% decrease compared with that of Jan 2016. Tuna exports to ASEAN downed 54% to reach US$1.9 million.
Amid the decline in tuna exports to main markets like the U.S. and the EU, Vietnam boosted exporting tuna to the emerging and potential markets such as the Middle East or North African countries.
According to the prediction, due to high tuna price in global market, tuna imports to US and EU will be still low. Tuna exports to the emerging markets like Isarel, Tunisia…will continue to increase in the first half of this year.
Written By Nguyen Ha
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.
Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.
(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.
(seafood.vasep.com.vn) 2023 was an unsuccessful year not only for Vietnamese but also for Thailand tuna exporters in the Middle East market. Thailand's tuna exports to this market decreased by 21% in value and 27% in volume compared to 2022. Therefore, the Middle East dropped to second position among Thailand's export markets after the US, accounting for 22% of total export turnover in 2023.
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
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.
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