In June 2021 alone, exports to the main import markets all grew positively, except for Japan and Isarel, which decreased by 0.8 and 9% respectively. Vietnam's tuna products have been exported to 103 markets around the world.
USA: After deploying rapid vaccination for people, the US economy is recovering quickly. The reopening of food service chains, restaurants, and hotels is increasing the demand for tuna in the US, boosting imports. By the end of June 2021, the total value of Vietnam's tuna exports to the US reached 153 million USD, up by nearly 21% over the same period in 2020. Currently, Vietnam is the second largest tuna supplier to the US market.
EU: Vietnam's tuna exports to the EU continue to prosper. In June 2021 alone, the export value to this market reached nearly 13 million USD, up by 49% over the same period. This figure has brought the total export value in the first half of 2021 to more than $74 million, up by 31% over the same period. Notably in June, tuna exports to Spain grew at a "galloping" rate of 971% over the same period. With this growth rate, Spain has become the third largest single tuna import market of Vietnam in the EU.
CPTPP: By the end of June 2021, the total value of tuna exports to the countries participating in the CPTPP agreement reached 46 million USD, accounting for nearly 13%, up by 16% over the same period of last year. In June 2021, the export value to Canada - the largest market in the bloc, increased by nearly 201%, reaching 3.6 million USD. The value of tuna exports to this market is accelerating.
Another prominent market in the CPTPP market in the first 6 months of this year is Mexico, with an impressive growth rate in June with 157%, reaching $ 1.3 million. After a continuous decline in the first quarter of 2021, tuna exports to Mexico have grown continuously. By the end of June, the export value of tuna to Mexico was over 6 million USD, up by 53% over the same period.
In addition to the main markets, Vietnam's tuna exports to a number of small markets are experiencing impressive growth over the same period such as: Russia up by 70%, Ukraine by 100%, Lebanon by 35%, Korea Countries increased by 87%, Argentina increased by 79%.
The Report on Vietnam Seafood Exports in 2024 by the Vietnam Association of Seafood Exporters and Producers (VASEP) was published amid positive developments in the country's seafood industry, marking a successful year with a total export value of USD 10 billion, a 12% increase compared to 2023. This milestone underscores the sustainable growth and exceptional potential of the seafood sector in contributing to the national economy.
(seafood.vasep.com.vn) Vietnam's tuna sector faced numerous challenges in the latter half of 2024. While the year proved memorable, with export turnover reaching nearly USD 1 billion, maintaining this growth trajectory requires renewed impetus for the tuna industry.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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