According to the report of the Ministry of Agriculture and Rural Development, in the first 11 months of 2017, the total production of tuna in the central provinces including Binh Dinh, Khanh Hoa and Phu Yen reached 17,400 MT, up 8.8% over the same period last year. Interestingly, production in Binh Dinh province this year increased sharply by 19.3%. Meanwhile, the production in Khanh Hoa and Phu Yen decreased slightly compared to the same period in 2016. Higher production, stable raw tuna prices and high demand drove a rise in tuna exports of many enterprises in 2017.
The U.S
The U.S continues to be the largest tuna importer of Vietnam in the first 11 months of 2017 with the value of US$209.9 million, up 13.5% over the same period in 2016. According to ITC statistics, in the first 9 months of 2017, imports of processed/canned tuna (HS code 160414) accounted for the largest proportion of 54%-57.5% in the U.S tuna imports. Thailand, Ecuador, China, Vietnam and Fiji are the top five suppliers of processed and canned tuna (HS code 160414) to the U.S. Tuna imports from Thailand into the U.S decreased by 1,000 MT compared to the previous year, while the volume of imported tuna products from Ecuador, China and Vietnam increased.
The EU
In the first 11 months of 2017, Vietnam’s tuna exports to the EU reached US$128.7 million, up 29.8% over the same period last year. Of that, shipments to Italy, Germany and the Netherlands rose by 1.8%; 30.6% and 56.8% respectively. Exports of frozen tuna loins/fillets took the main share of Vietnam’s tuna exports to the EU, followed by canned tuna. Notably, Vietnam recently boosted exports of fresh/live/frozen tuna while reducing those of other processed tuna to the EU compared with the same period in 2016. According to ITC, tuna imports into EU countries in the first 8 months of 2017 reached over US$3.25 billion, up 20.7% over the same period in 2016.
In the first 8 months of 2017, imports of processed/canned tuna (HS code 160414) picked up the largest share of 72.4 to 83% in total tuna imports into the EU. In the period, the average import price of processed tuna in some large markets such as Spain, Germany and the UK increased over that in 2015 and 2016. In 2017, Vietnam’s tuna sales to many countries in the EU showed good signs, including Germany and the Netherlands.
Other potential importing markets
Vietnam’s tuna exports to some potential markets such as Israel; Japan, Mexico and Canada also posted the remarkable increases. Of that, Israel was a prominent market of many companies. In several consecutive months since the beginning of the year, the value of tuna exports to Israel increased sharply. As of November 2017, Vietnam’s tuna exports to Israel reached US$39.4 million, up 86.7% over the same period last year.
Similar to the trend of exporting to Israel, Vietnam’s tuna exports to Japan also went up 21%; those to Mexico rose by 63.8% and those to Canada climbed by 22.4% over the same period in 2016.
In 2017, together with shrimp industry, tuna exports has contributed significantly to the overall growth rate of the fishery. Vietnam’s tuna exports in 2017 is forecasted to total US$615 million, up 21% from 2016.
(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.
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