Among the tuna products exported to Japan, processed tuna products under HS code 16—such as smoked tuna and marinated tuna cuts (excluding canned tuna)—are the leading export category. These products are the only group to record an increase in export value during the first ten months of the year.
Currently, over 20 Vietnamese enterprises are exporting tuna to Japan. Among them, Mariso Vietnam, AHFishco, and Evertrust Food Co., Ltd., are the top three exporters, accounting for 66% of Vietnam's total tuna export turnover to the Japanese market.
Despite Japan's overall decline in tuna imports from major suppliers in the first eight months of 2024, Vietnam has managed to record the smallest drop, according to data from the International Trade Centre (ITC).
Japan’s economic indicators also signal a positive shift. The Japanese Ministry of Internal Affairs and Communications (MIC) reported that household spending in May 2024 increased for the first time after 14 consecutive months of decline. Furthermore, Japan's economy has returned to positive growth after two quarters of contraction. The Japanese government is also considering a JPY 21.9 trillion (approximately USD 141 billion) stimulus package to mitigate the impact of inflation on households.
This economic rebound is expected to boost seafood consumption, including tuna, and drive Japan’s seafood imports upward
Top 10 Tuna Exporters to Japan, January – October 2024 |
|
No. |
Company Name |
1 |
Mariso Vietnam Co., Ltd. |
2 |
An Hai Seafood Co., Ltd. |
3 |
Mai Tin Food Co., Ltd. |
4 |
Foodtech Joint Stock Company |
5 |
Dai Thuan Food Joint Stock Company |
6 |
Golden Shrimp Seafood Joint Stock Company |
7 |
Fujiura Nha Trang Co., Ltd. |
8 |
LDFOODS Co., Ltd. |
9 |
Highland Dragon Co., Ltd. |
10 |
Hai Vuong Co., Ltd. |
Over 200,000 ha of Vietnam's shrimp farms are cultivated organically and ecologically, certified by international organizations.
Vĩnh Hoàn Corporation (stock code: VHC – HoSE) has outlined an ambitious business plan for 2025, targeting revenue of VND 13,800 billion (up 10.3% from 2024) and after-tax profit of VND 1,500 billion (up 22.3%). This follows a successful 2024, where the company recorded revenue of VND 12,513 billion (exceeding 109% of the plan) and after-tax profit of VND 1,226 billion (surpassing 123% of the VND 1,000 billion profit target). The 2025 Annual General Meeting of Shareholders is scheduled for April 24 in Ho Chi Minh City to discuss these plans.
Sa Giang Import-Export Corporation continues to assert its position as one of the leading export enterprises in Đồng Tháp, achieving a revenue of thousands of billions of VND from shrimp crackers and rice paper in the past year.
(seafood.vasep.com.vn) After three years of implementation, the UK-Vietnam Free Trade Agreement (UKVFTA) has yielded positive results for Vietnam’s tuna exports. The United Kingdom officially became a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on December 15, 2024. This is expected to bring significant benefits for seafood enterprises, particularly in terms of tariffs and intra-bloc origin regulations - especially for tuna products.
On March 3, Sa Giang and Citek officially launched a comprehensive enterprise digital transformation project using the GROW with SAP solution.
(seafood.vasep.com.vn) According to the Action Plan to implement the growth targets for agriculture, forestry, and aquaculture from the Bình Định Department of Agriculture and Environment, which has just been issued, the goal for 2025 is to achieve an overall GRDP growth rate for the entire sector from 3.6% to 3.8%, with the highest effort to reach a growth rate of 3.8%.
(seafood.vasep.com.vn) The area for Pangasius farming in Dong Thap currently exceeds 1,332 hectares, with over 180 hectares harvested, yielding 81,733 tons of fish. The Pangasius industry has 87% of its production area in line with the planning regulations; most production areas apply technical procedures and standards to meet the market requirements of importing countries.
The UK joining CPTPP not only does not create barriers but also brings many advantages and great opportunities for domestic footwear and seafood businesses.
Deputy Minister of Agriculture and Environment Phùng Đức Tiến talked to Việt Nam News reporter Tố Như about the future development orientation after the ministry officially began operations.
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