Rise in Vietnam tuna sales to EU

News 16:05 11/12/2017
(seafood.vasep.com.vn) In August 2017, Vietnam's tuna exports to the EU continued to grow well. The export value in the month was US$12 million, up 52% over the same period last year. The figure in the first 8 months of the year estimated at US$81 million, up 27% year on year.

In the first half of the year, exports of frozen tuna loins/fillets remained the large share of 40% in total export value to this market; followed by canned tuna with 32%. Notably, Vietnam currently boosted shipments of fresh/live/frozen tuna to the market, while reducing those of processed tuna from a year before.

According to statistics from the International Trade Centre (ITC), tuna imports into the EU in the first half of this year were also on the upward trend over the same period. In which, the import value of tuna into 28 countries in the bloc hit nearly US$2.4 billion, up 21% over the same period in 2016.

Spain, Italy and France were top 3 leading buyers of tuna in the EU. Compared to the same period last year, tuna imports into most of countries in the EU increased. Specifically, imports into Spain inched up 44%; those into Italy were up 15% and those into France increased by 18% year on year.

TOP 9 LEADING IMPORTERS OF TUNA IN THE EU

Markets

Jan-Jun 2017

Jan-Jun 2017

Variation (%)

Spain

409,746

588,159

43.5

Italy

421,426

482,464

14.5

France

266,963

315,585

18.2

UK

237,284

240,769

1.5

Germany

154,520

172,403

11.6

Netherlands

100,281

152,300

51.9

Portugal

72,858

92,449

26.9

Belgium

51,274

58,307

13.7

Malta

34,844

36,572

5.0

Others

208,228

228,360

9.7

Total

1,957,424

2,367,368

20.9

(Source: ITC)

The EU imported tuna from more than 80 countries around the world. Of that, Ecuador, Seychelles, Mauritius, the Philippines and Thailand stayed as top 5 largest suppliers to the EU. Vietnam currently held as the 9th largest exporter to this market.

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