This decline has caused Italy from the largest tuna import markets of Vietnam in the EU in 2021 to fall to 7th position in the first 10 months of 2022.
Currently, there are 11 enterprises exporting tuna to Italy, of which Nha Trang Bay, Dragon Waves and Thanh Dung Canning Co.,Ltd are the 3 largest companies exporting tuna to this market, accounting for 68% of the total export value.
According to Eurostat statistics, Vietnam is currently the 7th largest tuna supplier to the Italian market, accounting for 3% of Italy's total tuna imports.
Vietnamese canned tuna is a favorite and widely consumed product in Italy
This year, Italy has lifted the preventing Covid-19 restrictions and the reopened restaurants and cafes, as well as the recovered tourism industry, which have increased tuna consumption in this country. Italy is currently importing a lot of processed and canned tuna. Currently, 1 in 3 Italians consume canned tuna at least 2 to 3 times a week.
However, due to the dual impact of the Covid-19 pandemic and the Russia-Ukraine conflict, inflation in Italy in the second half of 2022 tends to increase. Price of tuna and other seafood products in Italy increased by 8.8% in the first 10 months of 2022. This has restrained imports and affected tuna consumption in this country. The Italian importer's new trend is to choose tuna sources that offer many incentives, tax reductions or cheap prices such as Ecuador, Colombia or Ivory Coast. Besides, Italy tends to increase imports from internal sources such as Spain or Greece.
|
Top 8 Vietnam Tuna exporters to Italy, Jan-October 2022 |
|
|
Enterprises |
Proportion (%) |
|
Nha Trang Bay JSC |
31 |
|
Dragon Waves |
23 |
|
THANH DUNG CANNING CO.,LTD |
15 |
|
BIDIFISCO |
13 |
|
EVERWIN INDUSTRIAL CO.,LTD. |
9 |
|
Trinity Viet Nam Co., Ltd |
4 |
|
HDE |
3 |
|
AHFISHCO |
1 |
Compiled by Thuy Linh
(seafood.vasep.com.vn) In the first three months of 2026, Vietnam’s exports of fish cake and surimi reached USD 63 million, down 5% compared to the same period last year. Although total export value declined slightly due to decreases in some key markets, many other destinations continued to post strong growth, opening up room for this convenience-oriented processed segment in the coming quarters.
(seafood.vasep.com.vn) Favorable weather conditions in the early months of 2026 have brought encouraging signs for fisheries activities in Quang Tri. Output has grown steadily, contributing to improved livelihoods for local residents.
Entering 2026, Vietnam’s seafood industry is facing a period of both high expectations and mounting pressures. Following the positive recovery in 2025, production and export activities in Q1/2026 demonstrated the strong adaptability of Vietnam’s seafood business community amid continued global trade volatility, intensifying international competition, and increasingly stringent compliance requirements in import markets.
(vasep.com.vn) In the first quarter of 2026, Vietnam’s shrimp exports reached USD 1.069 billion, up 17.5% compared to the same period in 2025. This is a positive result amid an uneven global shrimp market recovery, intensifying competition among major suppliers, and continued volatility in the international trade environment. However, this growth does not reflect a broad-based recovery across the entire sector, but rather is driven mainly by strong performance in a few markets and specific product segments—most notably lobster exports to China.
(seafood.vasep.com.vn) Vietnam’s tuna exports continued to decline in March 2026. Cumulatively, in the first three months of the year, export value reached USD 208 million, down 4% compared to the same period in 2025. The export landscape shows clear divergence across markets: while the U.S. and EU remain challenging, markets such as Russia, the Middle East, Egypt, the Philippines, and Mexico have emerged as growth bright spots.
(seafood.vasep.com.vn) In Quang Ngai Province, shrimp farming costs are rising sharply due to लगातार increases in feed, fuel, and input material prices, while farm-gate shrimp prices are declining. This has significantly reduced farmers’ profit margins and increased production risks.
(seafood.vasep.com.vn) Vietnam’s tilapia exports are experiencing impressive growth, reflecting expanding global demand as well as the sector’s development potential. However, behind the strong growth figures lie limitations in production capacity and supply chains, highlighting the need for sustainable development in the coming period.
(seafood.vasep.com.vn) Vietnam’s pangasius exports to the Middle East in 2025 and early 2026 have shown notable growth. However, escalating geopolitical tensions in the region have increasingly impacted export activities since March. This situation presents a challenge of balancing market expansion opportunities with rising trade risks.
(seafood.vasep.com.vn) The Quang Tri Department of Agriculture and Environment has instructed localities to base their stocking schedules on actual conditions in each farming area, while developing plans, allocating resources, and implementing synchronized measures for disease prevention and disaster risk management in aquaculture production.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s exports of fish cakes and surimi exceeded USD 45 million, up 7% compared to the same period in 2025, indicating a positive outlook for this product segment amid recovering demand in many markets.
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