Vietnam’ tuna sales of all items in the period increased year on year. Of that, exports of processed/canned tuna showed the highest increase of 32.3%; followed by those of fresh/live/frozen/dried tuna with 14% from a year before. In Jan-Jul 2017, sales of tuna loins/fillets remained the large proportion of 48% in total Vietnam tuna exports; followed by those of canned tuna with 30%.
Currently, Vietnam tuna have reached more than 70 countries in the world. The U.S, the EU, Israel, ASEAN, Japan, Mexico, Canada and China claimed as top 8 importing markets in period, accounting for 88% of Vietnam's tuna export value.
U.S
In July 2017, Vietnam‘s tuna exports to the U.S experienced the year-on-year rise of 8% with the value of US$20 million. The figure in the first 7 months of 2017 amounted to US$128 million, up 15% over the same period last year.
Vietnam's exports of tuna products to the market in the period all increased from a year before. Exports of tuna loins/fillets accounted for the highest proportion of 60% in Vietnam's tuna exports to the U.S, up 3% year on year. Compared with last year, Vietnam currently boosted shipments of canned tuna to the market with the climb of 41%.
EU
Vietnam’s tuna exports to the EU in July reached US$10.7 million, bringing the total export value in the first 7 months of the year to US$69 million, up 23% over the same period in 2016.
Notably, in July, sales to Italy increased sharply after a period of continuous decline since the beginning of the year. Total tuna exports to this market hit US$1.2 million, up 166% over July last year. However, this increase was not enough to offset the decline in the first half of the year. Meanwhile, exports to Germany and the Netherlands continued to record the positive rises of 95% and 68% respectively year on year.
Exports of tuna products to the EU have increased, except for other processed tuna. In particular, exports of canned tuna tend to raise the export share in the first 7 months of this year. Exports of this item to the bloc eyed US$23 million, making up 33% of Vietnam's tuna export value and up 26% over the same period last year.
Israel
With the growth rate from the beginning of the year, Israel has recently overtaken ASEAN and Japan to stay as the 3rd largest tuna importer of Vietnam. Vietnam's tuna exports to the market achieved US$28 million, up 155% from the first 7 months of 2016.
Currently, due to lower demand for canned tuna in big traditional markets such as the U.S, EU and Japan, Vietnamese enterprises tend to shift to the emerging markets in the Middle East, especially Israel. As a result, sales of processed/canned tuna picked up the high share of 68% of total export value, with the value of US$19 million, up 67% year on year.
In the coming time, Vietnam's tuna exports to the U.S and the EU are projected to increase slowly, while exports to major emerging markets expected to continue the strong rise.
(seafood.vasep .com.vn) The return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
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