After falling for three years, tuna exports went up by 12 percent in 2016 to US$510 million, with frozen tuna loin and canned tuna accounting for 47 percent and 30 percent, VASEP General Secretary Truong Dinh Hoe said.
The US, EU, ASEAN, Israel, China, and Japan were the largest buyers, he said.
Shipments to the US were worth US$200.3 million, a year-on-year increase of 5.3 percent, making Vietnam the second biggest exporter to that market.
Faced with similar import tariffs as the other main tuna exporting countries, if Vietnamese firms maintain quality and supply, Vietnam would remain the second largest exporter to the US or even surpass Indonesia to become the largest in a few years, Hoe said.
Exports to the EU, the second biggest buyer, reached US$115.3 million USD last year, an increase of 18.4 percent over 2015.
Frozen tuna loin was the main item (accounting for 36 percent) followed by canned tuna (31 percent), frozen whole tuna (20 percent) and others.
Italy, German and Belgium were the three main markets in the EU, accounting for 57 percent of the imports.
Italy is among the largest tuna consumption markets in the world, and Vietnamese firms exported mainly frozen yellow-fin tuna to that market and had a 28 percent market share, Hoe said.
Export of the fish is expected to increase further, especially after the EU-Vietnam Free Trade Agreement comes into force and Vietnamese tuna attracts lower tariffs than that of its rivals, he said.
Exports to China increased by 67.2 percent last year, but exports to Japan went down by 5.2 percent.
Japan’s tuna imports are falling every year since young people there increasingly prefer meat, reducing consumption of tuna sashimi and sushi, Hoe said.
According to the Food and Agriculture Organisation of the United Nations, consumption of fresh and frozen tuna in Japan reduced by 3 percent last year.
In the long term, its seafood imports will continue to fall. The depreciation of the yen also affected tuna exports to Japan, Vasep said.
Vietnam has a very small share (0.5 percent) of the Japanese fresh/frozen tuna market, it said.
Hoe said this year Vietnamese tuna exporters would increase exports of frozen tuna loin to take full advantage of domestic supply of the fish as well as imports.
Compiled by Kim Thu
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.
Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.
(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.
(seafood.vasep.com.vn) 2023 was an unsuccessful year not only for Vietnamese but also for Thailand tuna exporters in the Middle East market. Thailand's tuna exports to this market decreased by 21% in value and 27% in volume compared to 2022. Therefore, the Middle East dropped to second position among Thailand's export markets after the US, accounting for 22% of total export turnover in 2023.
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(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.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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