Among the tuna products exported to this market, it is notable for the sudden growth in exports of frozen steamed tuna loin products. In the first half of 2020, Vietnamese enterprises did not export any shipment of frozen steamed tuna loin to Italy, this year the export of this product to this market reached more than 11.4 million USD, accounting for more than 50%. total value of tuna exports to Italy. Export of fresh and frozen tuna with HS code 03 also increased by 19%. Meanwhile, canned tuna exports fell 63%.
One of the drivers of this growth is the effect of the Free Trade Agreement between the European Union and Vietnam (EVFTA), which is promoting the export of Vietnamese tuna products to the market.
Currently, there are 7 enterprises exporting tuna to the Italian market. In which, Tuna Vietnam is the enterprise with the largest export value to this market, followed by Dragon Waves and Nha Trang Bay.
According to the latest statistics of ITC, in the first four months of this year, Italy also imported tuna from more than 42 countries around the world, of which Vietnam is the fourth largest supplier of tuna outside the bloc to Italy, after Indonesia and Ecuador and Mauritius. While tuna imports from Indonesia and Ecuador to Italy decreased, imports from Vietnam increased. In addition, some other large tuna suppliers are also focusing on exporting tuna to the Italian market such as Mauritius, China...
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
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