In 2015, Vietnam’s frozen tuna fillets/loins exports to the U.S. went up nearly 51% compared to 2014. Other processed tuna products exported to the market saw a sharp rise of nearly 58%. Exports of the other products reported the decline.
According to the statistics of U.S. Department of Agriculture (USDA), in 2015, tuna imports into the U.S. declined in both value and volumes with over US$ 1.45 billion and nearly 266,000 MT, down 6% and 8%, respectively, compared to 2014.
Processed and canned tuna were the main products imported into the market, accounting for 75% of the total tuna imports by the U.S. in 2015. However, canned tuna imports of the U.S. last year witnessed a decrease with the total value of US$636 million and the volume of 200,000 MT, down 39% and 14%, respectively, year on year.
Meanwhile, fresh/live/frozen tuna imports (HS code 03) of the U.S. went up with the value of US$817 million, and the volume of 67,000MT, up 60 % and 21%, respectively over 2014.
Thailand currently stays to be the largest tuna supplier out of 62 suppliers to the U.S., accounting for nearly 27% of total imports, followed by Indonesia with 11% and Vietnam with 10%.
In 2015, while tuna exports from Thailand to the U.S. reduced, exports of Indonesia and Vietnam to the U.S. rose.
In 2016, tuna imports into the U.S. from Thailand are forecast to continue the fall due to allegations of forced labor, while Indonesia and Vietnam's tuna exports to the market expected to climb up thanks to free trade agreements.
TUNA IMPORTS INTO THE U.S. (Volume: MT, value: US$ thousand) |
||||||
Products |
2014 |
2015 |
Variation (%) |
|||
Value |
Volume |
Value |
Volume |
Value |
Volume |
|
Total |
1,552,066 |
288,636 |
1,453,819 |
266,416 |
-6 |
-8 |
Processed and canned tuna (HS16) |
1,041,471 |
233,276 |
636,332 |
199,546 |
-39 |
-14 |
Fresh/live/frozen tuna (HS03) |
510,595 |
55,360 |
817,487 |
66,870 |
60 |
21 |
Written by Nguyen Ha
Compiled by Dieu Thuy
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
Regulations on the protection and sustainable development of aquatic resources, Việt Nam's legitimate rights at sea in accordance with international law and the achievements that the country has carved out to remove the European Union’s “yellow card” will be brought closer to local people.
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