According to Vietnam customs, Vietnam’s tuna exports of Portugal in the first five months of 2018 totaled US$5.9 million, accounting for 2.4% of the total value of Vietnamese tuna export. Compared with the same period in 2017, Vietnam's tuna exports to this market inched up over 262%.
This year, Vietnamese companies boosted exports of other processed tuna products. While last year other processed tuna products of Vietnam did not reach this market, but this year exports of this item to the market hit more than US$3.5 million. This year, Vietnamese exports of frozen tuna fillets to the country also rose by over195%.
VIETNAM’S TUNA EXPORTS TO PORTUGAL |
|||
Products |
Value (US$) |
||
Jan-May 2017 |
Jan-May 2018 |
Variation (%) |
|
Processed tuna (HS code 16) |
0 |
3,533,131 |
|
Canned tuna (HS code 16) |
0 |
0 |
|
Other processed tuna (HS code 16) |
0 |
3,533,131 |
|
Tuna HS code 03 |
1,631,780 |
2,377,954 |
45.7 |
Live/fresh/frozen/dried tuna (HS code 03) (except for tuna HS code 0304) |
1,116,220 |
854,774 |
-23.4 |
Tuna HS code 0304 (except for fish paste and surimi) |
515,560 |
1,523,180 |
195.4 |
Total |
1,631,780 |
5,911,085 |
262.2 |
(Source: Vietnam Customs) |
Meanwhile, imports of tuna into Portugal also increased. According to ITC statistics, in the first 4 months of 2018, tuna imports of this country reached nearly 18 thousand MT, worth by nearly US$71 million, up 4% in volume and 24% in value over the same period in 2017.
In the range of products, processed/canned tuna is the most imported products into this market; followed by frozen yellowfin tuna products. The import price of processed/canned tuna into Portugal during this period ranged from US$5.77 to US$6.43/kg. That of frozen yellowfin tuna ranged from US$2.36 to US$4.4/kg. The import price of these two products imported into Portugal tended to decrease in the last 3 months.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
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.
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