Vietnam tuna exports are not likely to recover in 2021

News 08:57 18/01/2021 Lê Hằng
(vasep.com.vn) In 2020, the Covid-19 pandemic spread out all over the world that had a tremendous impact on the world tuna industry in general and the Vietnamese tuna industry in particular. Despite the difficulties, Vietnamese tuna processing and exporting enterprises have still been making efforts to overcome drawbacks.

Looking back at tuna exports in 2020

According to statistics of Vietnam Customs, in the first 11 months of 2020, Vietnam's tuna exports reached nearly 600 million USD, down 11% compared to the same period in 2019. In 2020, international markets had to suspend the trade activities in response to the pandemics. In some places, they applied the shutdown measures on restaurants, cafeterias, and crowded places. This has resulted in a decrease in consumption of tuna, especially fresh and frozen tuna products, in markets, the demand for long-preserved foods such as canned tuna in some markets roared.

This has a great impact on Vietnam's tuna exports. Vietnam's exports of fresh and frozen tuna contracted by 26% compared to the same period in 2019. Meanwhile, exports of processed and canned tuna products rose by 9%. This growth was mainly due to the growth in the export of canned tuna products.

Currently, Vietnamese tuna products have been exported to 106 markets around the world. Due to the impact of Covid-19, Vietnam's tuna exports to most major markets fell over the same period.

The US, EU, ASEAN, and Japan continued to be the four largest tuna importers of Vietnam. Tuna exports to the US and Southeast Asia tended to decrease over the same period in 2019 while exports to the EU and Japan climbed slightly over the same period. Notably, Vietnam's tuna exports to the EU after a period of negative growth have reversed thanks to the impact of the Free Trade Agreement between the European Union and Vietnam (EVFTA).

Besides, tuna exports to some other export markets have been showing positive growth, namely, Egypt and the Middle East. However, governments of the countries have taken measures to cope with the COVID-19 pandemic such as issuing a curfew at night, banning crowded gatherings, closing restaurants, leading to economic problems severely affected, the demand for food decreased. Moreover, Egypt has the policy to reduce imports and increase exports to narrow the trade deficit. There was a time when the Industry Committee of the Egyptian Parliament called for the government to suspend the import of frozen fish due to concerns about possible transmission of the coronavirus in this product.

In addition, the slow consumption in the market recently forced them to cut many new orders while the payback period was prolonged. This has made Vietnam's tuna exports to this market unstable and tended to slow down at the end of the year.

Market trends in 2021

At present, the disease situation of Covid-19 in the markets has not been controlled, moreover, there has been a risk of a rebound, so it is expected that the world tuna market cannot recover.

In the US market, the growth in re-importing Chinese cheap canned tuna products into the US is contributing to the competition in this market segment. Moreover, the demand for sustainable tuna products in the US has been tended to increase. Many major importers like Walmart, Bumble Bee, or Chicken of the Sea have made moves towards finding sustainable sources of tuna, such as making a commitment to supply 100% of Chunk light products certified by the Marine Stewardship Council (MSC)… This is expected to reduce the need to import conventional tuna products…

In the EU market, EVFTA will continue to be a driver for Vietnam's exports of tuna products, such as canned tuna, fresh and frozen tuna, to the EU market in 2021. However, frozen steamed tuna loin products (HS16), one of the key export products of Vietnam in the first months of the year, is expected to decline. Because these products from Vietnam to the EU have enjoyed tariff preferences as agreed in EVFTA, they are not exempt from tax to 0% according to the autonomous tariff rate quota (ATQ) when exporting to the EU. Meanwhile, in 2021, the EU Parliament increased the import quota for this product group according to the ATQ to 35,000 MT, which makes China's tuna export businesses benefit. Competition in this segment of the EU is expected to increase.

Bạn đang đọc bài viết Vietnam tuna exports are not likely to recover in 2021 tại chuyên mục News của Hiệp hội VASEP
vietnam tuna exports

TIN MỚI CẬP NHẬT

Seafood exports in February 2026 slow down, brighter outlook expected in March

 |  11:33 11/03/2026

(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2026 reached approximately USD 707 million, up 8% compared to the same period last year. Cumulatively, exports in the first two months of 2026 totaled USD 1.7 billion, an increase of 20.2% year-on-year. The results show that the sector’s recovery momentum has remained relatively solid following strong growth in January, although the pace slowed noticeably in February for several key products and major markets. Within the overall picture, shrimp continues to be the largest pillar, pangasius rebounds strongly, while tuna exports and the U.S. and Korean markets are sending signals that warrant closer monitoring. In March, seafood exports are expected to gain additional momentum from markets other than the U.S., potentially supporting stronger growth.

Quang Tri seafood catch exceeds 15,941 tons

 |  09:40 07/03/2026

(seafood.vasep.com.vn) In the first months of 2026, fishing activities in Quang Tri province recorded many positive signals, with output reaching over 15,941 tons. This result not only demonstrates fishermen’s efforts to stay offshore but also reflects the effectiveness of management and support measures implemented by local authorities.

Initial effectiveness of IUU prevention models in Lam Dong

 |  14:29 04/03/2026

(seafood.vasep.com.vn) In the first months of 2026, IUU prevention models focused on communication and mobilizing fishermen to comply with fisheries laws and avoid encroaching on foreign waters—related to combating illegal, unreported, and unregulated (IUU) fishing—have been implemented in coastal localities of Lam Dong province and have delivered initial positive results.

Pangasius prices hit record high: opportunity to restructure the value chain

 |  11:30 02/03/2026

(seafood.vasep.com.vn) The sharp rise in raw pangasius prices to record levels is sending positive signals for the industry, but experts warn of potential supply–demand imbalances if production is not tightly controlled.

Vietnam’s canned tuna exports decline in 2025, seeking growth momentum for 2026

 |  09:09 28/02/2026

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, the country’s total canned tuna export value in 2025 reached over USD 275 million, down 8% compared to 2024. Vietnamese canned tuna products were present in approximately 80 markets worldwide. However, the 2025 picture shows clear divergence: the U.S. maintained stability, the EU declined sharply, while several Middle East–North Africa (MENA) markets accelerated.

Crab exports in 2025: opportunities in the EU, major challenges from the U.S MMPA regulations

 |  09:15 26/02/2026

(seafood.vasep.com.vn) In 2025, Vietnam’s crab exports reached nearly USD 86 million, up almost 6% compared to 2024. A notable feature of 2025 was the strong market concentration in the United States, which accounted for more than 81% of Vietnam’s total crab export value, up 10% from the previous year. In contrast, exports to several Asian markets declined significantly, resulting in only modest overall growth for the year.

Vietnam’s tilapia fillet exports surge, with the U.S. and Brazil leading the market in 2025

 |  09:00 24/02/2026

(seafood.vasep.com.vn) In 2025, Vietnam’s tilapia exports recorded impressive growth, with total export turnover reaching over USD 99 million, highlighting the increasingly important role of this product in the country’s seafood export structure. Of this total, tilapia fillets and other fish meat products accounted for USD 61 million, representing 61% of total export value and reaffirming their position as the key product category.

Shrimp seed quality: A decisive factor for successful shrimp farming

 |  10:33 22/02/2026

(seafood.vasep.com.vn) Shrimp seed quality is considered the “first link” and a decisive factor affecting the efficiency of the entire commercial shrimp production chain. High-quality seed directly influences survival rates, growth performance, and disease resistance, thereby determining production costs, productivity, and farmers’ profitability.

Quang Tri promotes organic golden pompano farming

 |  10:23 20/02/2026

(seafood.vasep.com.vn) As part of its agricultural restructuring strategy toward sustainability, Quang Tri Province is gradually promoting environmentally friendly aquaculture models. Among these, organic-oriented golden pompano farming is considered a promising direction, aligned with the goals of enhancing production value and building sustainable rural areas.

VASEP published Report on Vietnam seafood exports in 2025

 |  11:00 11/02/2026

(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC