The three largest importing markets in the bloc included Germany, the Netherlands and Italy. In this period, exports to all three markets increased by 21.8%, 46% and 4% respectively over the same period last year.
Compared to the same period last year, Vietnamese exports of tuna products to the EU increased, except for canned tuna. Notably, exports of Vietnamese other tuna products to this market dramatically rose by 332%, reaching nearly US$6 million. In Jan-Mar 2018, tuna loins/fillets were the main export products to the EU, accounting for 40% of total export value.
|
VIETNAM’S TUNA EXPORTS TO THE EU BY PRODUCTS (US$) |
|||
|
Products |
Jan-Mar 2018 |
Jan-Mar 2017 |
Variation (%) |
|
Tuna HS code 16 (1) |
14,887,839 |
11,591,404 |
28.4 |
|
Canned tuna (HS code 16) |
8,898,007 |
10,204,738 |
-12.8 |
|
Other processed tuna (HS code 16) |
5,989,832 |
1,386,666 |
332.0 |
|
Tuna HS code 03 (2) |
19,660,893 |
16,005,095 |
22.8 |
|
Live/fresh/frozen/dried tuna (HS code 03) (except for HS 0304) |
5,924,380 |
5,845,544 |
1.3 |
|
Tuna HS code 0304 (except for fish pate and surimi) |
13,736,513 |
10,159,551 |
35.2 |
|
Total (1+2) |
34,548,732 |
27,596,499 |
25.2 |
|
(Source: Vietnam Customs) |
|||
Due to low supplies of raw materials in the EU, the region mainly imports from other sources, therefore, Vietnam boosts exports of tuna to the EU in recent years. The use of raw tuna imported from international fishing vessels makes it easier for enterprises to complete the document required by the EU on IUU.
In addition, since the beginning of the year, the EU has still applied the import tax exemption quotas for 25,000 MT of steamed tuna loins/fillets from third countries - no trade agreements with the EU such as Thailand, Vietnam and China. Vietnamese companies are taking advantage of this opportunity to boost exports of steamed tuna loins/fillets to the market.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
Regulations on the protection and sustainable development of aquatic resources, Việt Nam's legitimate rights at sea in accordance with international law and the achievements that the country has carved out to remove the European Union’s “yellow card” will be brought closer to local people.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in January 2024, Vietnamese pangasius exports to Germany decreased by 30% compared to last year and reached only nearly 2 million USD.
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