Peru is the traditional tuna export market of Vietnam. However, exports to this market are not stable. According to statistics of Vietnam Customs, Vietnam's tuna exports to Peru in 2020 increased by 75% compared to 2019, reaching more than 5.2 million USD. After that, exports to this market have nearly halved in 2021, reaching $2.7 million. The increased consumption demand due to the impact of the Covid-19 pandemic is the reason why this country's tuna imports boosted in 2020, and this increase has also led to an increase in tuna inventories, affecting imports in 2021.
However, after a bleak period, Vietnam's tuna exports to Peru recovered in January 2022, returning to a level similar to the same period in 2020, reaching $994 thousand. Earlier this year, Vietnam mainly exported canned tuna to this market.
Peru is one of the 20 largest tuna import markets in the world. The average value of tuna imports of this country in the past 5 years reached about 116 million USD. In which, the import value of canned tuna into this country accounts for more than 83%.
Vietnam is the fifth largest tuna supplier to the Peruvian market after Thailand, Ecuador and China. In this market, Vietnam's tuna exporters have only exploited 3% of the market share. There are 3 Vietnamese enterprises that are exporting tuna to the Peruvian market in 2021: Bidifisco, Trinity Vietnam and Ba Hai Jsc.
Currently, tuna products exported to the Peruvian market are currently tax-free, so there are many opportunities to promote tuna exports to this market.
(vasep.com.vn) Through the first quarter of the year, in a context where the shrimp industry still faced many risks, shrimp exporting enterprises still showed efforts and determination in production and business.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
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.
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