Imports of canned & processed tuna (HS code 16) into Italy made up the largest share, followed by those of fresh/chilled/frozen tuna (HS code 03) and frozen tuna loins/fillets (HS code 0304). In the first 8 months of this year, imports of canned tuna into Italy amounted to US$459 million, up 1.5% year on year. At the same time, imports of fresh/chilled/frozen tuna (HS code 03) and frozen tuna loins/fillets (HS code 0304) also rose by 22.4% and 42.3%, respectively, over a year before.
TUNA IMPORTS INTO ITALY BY PRODUCTS (thousand US$) |
|||
Products |
Jan-Aug 2015 |
Jan-Aug 2016 |
Variation (%) |
Total |
534,260 |
562,663 |
5.3 |
Processed & canned tuna (HS code 16) |
452,027 |
458,750 |
1.5 |
Fresh/chilled/frozen tuna (HS code 03) |
65,771 |
80,494 |
22.4 |
Frozen tuna loins/fillets (HS code 0304) |
16,462 |
23,419 |
42.3 |
Italy currently increased imports of tuna from Viet Nam. As of Oct 2016, Vietnam’s tuna exports to Italy valued at over US$27 million, up 147% compared to the same period last year.
Vietnam’s exports of fresh/live/frozen/dried tuna (HS code 03) to this market took up a large proportion. Exports of the items to Italy in the first 10 months of this year reached US$18 million, up 69% from the prior year. In particular, Vietnam’s exports of other processed tuna to Italy increased sharply, with the value of US$9.4 million. Therefore, exports of processed & canned tuna to the market increased by 2.3% over the same same period last year, although exports of canned tuna fell.
Vietnam claimed as the 9th largest supplier of tuna to Italy.
TUNA IMPORTS INTO ITALY BY MARKETS |
|||
Suppliers |
Jan-Aug 2015 |
Jan-Aug 2016 |
Variation (%) |
Ecuador |
37,219 |
44,714 |
20.1 |
Mauritius |
30,694 |
44,104 |
43.7 |
Côte d'Ivoire |
14,959 |
42,477 |
184.0 |
Indonesia |
35,907 |
39,618 |
10.3 |
Seychelles |
25,964 |
34,014 |
31.0 |
Solomon Islands |
26,934 |
24,141 |
-10.4 |
Thailand |
24,762 |
18,281 |
-26.2 |
South Korea |
11,890 |
15,380 |
29.4 |
Viet Nam |
9,200 |
15,296 |
66.3 |
El Salvador |
10,923 |
14,721 |
34.8 |
Others |
305,808 |
269,917 |
-11.7 |
Total |
534,260 |
562,663 |
5.3 |
Fresh/chilled/frozen tuna (HS code 03) and frozen tuna loins/fillets (HS code 0304) from Asian countries currently picked up a large share in Italy. South Korea, Viet Nam, Thailand and the Philippines were respectively 4 largest suppliers to Italy. Viet Nam ranked the 2nd with the proportion of 11.6% in total imports of fresh/chilled/ frozen tuna into Italy. Meanwhile, Thailand and the Philippines accounted for 5.3% and 5.1%, respectively.
In particular, Vietnam’s exports of frozen yellowfin tuna to Italy accounted for the biggest share of 27% in Jan-Aug this year, despite being subject to higher tax (3.7%) than the Philippines and South Korea (0%). Meanwhile, imports from South Korea accounted for 13%, Thailand with 12% and the Philippines with 11.6%.
Written by Nguyen Ha
Compiled by Dieu Thuy
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