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.
(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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