Vietnam tuna exports to South Korea skyrocketed

News 08:35 15/08/2024
(seafood.vasep.com.vn) In the past three consecutive months, Vietnam's tuna exports to South Korea have grown at a three-digit rate. Notably, tuna exports to this market in June reached a peak. The export value to this market reached nearly 6 million USD, nearly 6 times higher than the same period in 2023.

With this result, in the first 6 months of 2024, Vietnam tuna exports to South Korea reached more than 14 million USD, an increase of 144% over the same period. South Korea became one of the largest 10 single tuna markets of Vietnam.

According to statistics from Vietnam Customs, in the first six months of this year, 15 Vietnam enterprises were participating in exporting tuna to this market. Leading ones are NHA TRANG BAY, YUEH CHYANG CANNED FOOD, and TRINITY VIETNAM, which account for 86% of total export turnover in the first half of 2024.

With a population of over 51 million people, South Korea is currently a potential market for Vietnamese tuna exporters, with a high growth trend since last year.

The Vietnam-South Korea Free Trade Agreement (VKFTA) took effect in December 2015, creating a foundation to promote economic, trade, and investment cooperation between the two countries to develop more strongly and effectively. The two countries are participating in the Comprehensive Economic Partnership Agreement (RCEP), and South Korea is considering joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), of which Vietnam is a member.

Currently, South Korea mainly imports processed and canned tuna from Vietnam, accounting for 99% of total export turnover, of which, South Korea mainly imports frozen steamed skipjack tuna loin/meat.

The change in seafood consumption trends in Korea following the trend of reduced consumer spending is an opportunity for Vietnamese seafood to boost exports of seafood products at suitable prices.

Like Japan, exports to Korea have the advantage of a close geographical location, stable consumption demand, and are the destination of many businesses in the coming time in the context of inflation, which is causing a sharp decrease in consumption in Western markets.

While the Red Sea tension has caused shipping rates to the US and Europe to skyrocket, closer markets, such as Korea, are also of interest to many businesses.

Notably, while Korea has reduced tuna imports from other countries, it has increased imports from Vietnam.

 

Bạn đang đọc bài viết Vietnam tuna exports to South Korea skyrocketed tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Da Nang city takes strong action against IUU fishing

 |  11:12 05/12/2025

(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.

Vietnam’s tuna exports to Israel drop nearly 50% in the first 9 months of 2025

 |  09:13 04/12/2025

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.

Vietnam exports first shipment of 700 tons of tilapia to Brazil

 |  09:42 02/12/2025

(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.

Pangasius Exports in October 2025: Positive Growth Momentum Led by China's Recovery

 |  12:40 28/11/2025

(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.

Appeal letter: Calling for Support to overcome the consequences of flooding in the central provinces

 |  10:39 27/11/2025

In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.

Raw shrimp prices remain stable, slight declines in some sizes at the end of October 2025

 |  09:04 26/11/2025

(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.

Vietnam’s shrimp exports in October 2025 hit the highest level since the beginning of the year

 |  08:26 25/11/2025

(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.

US temporarily suspends import ban on crab from Vietnam and three Asian countries

 |  09:03 24/11/2025

(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).

An Giang’s fisheries sector makes active contributions to the marine economy and international integration

 |  09:15 21/11/2025

(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.

Vietnam pangasius exports in September 2025: Driven by CPTPP markets and processed products

 |  11:24 19/11/2025

(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.

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