By the end of October 2021, Viet Nam's tuna exports reached nearly 594 million USD, up 9.5% over the same period in 2020. Of which, the export of fresh, frozen and dried tuna reached 336 million USD, an increase. 33% over the same period. And exports of processed and canned tuna reached USD 258 million, down 11%. Notably, the export of other processed tuna products, especially frozen steamed tuna loin, is increasing, up 11% over the same period.
According to statistics of Vietnam Customs, in the first 10 months of 2021, Vietnamese tuna products have been exported to 94 markets around the world.
By the end of October 2021, the country's tuna exports reached nearly 594 million USD, up 9.5% over the same period in 2020. Of which, the export of fresh, frozen and dried tuna reached 336 million USD, an increase 33% over the same period. Exports of processed and canned tuna reached USD 258 million, down 11%. Notably, the export of other processed tuna products, especially frozen steamed tuna loin, is increasing, up 11% over the same period.
According to statistics of Vietnam Customs, in the first 10 months of 2021, Vietnamese tuna products have been exported to 94 markets around the world.
US and EU markets
In October 2021, tuna exports to the US increased by 20% over the same period. By the end of October 2021, the total value of Vietnam's tuna exports to this market reached USD 259 million, up 10%.
Meanwhile, tuna exports to the EU in October 2021 decreased by 9.4%, reaching 15.3 million USD. However, thanks to good growth in the first half of the year, by the end of October 2021, tuna exports to the EU still increased by 5.4% over the same period, reaching more than $121 million.
Exports of canned tuna products to the two markets continued to decline. Meanwhile, exports of product groups such as processed tuna other than HS code 16, fresh, frozen and dried tuna increased.
Mexico and Israel markets
Mexico and Israel are the two tuna export markets expected in 2021 due to increased demand after Covid-19. In October 2021, tuna exports to these two markets continued to attract attention with triple-digit growth over the same period, at 446% and 358% respectively.
Besides, tuna exports to the Chinese market are also growing again. The value of tuna exports to this market in October increased by 85% over the same period, reaching 338 thousand USD.
The Report on Vietnam Seafood Exports in 2024 by the Vietnam Association of Seafood Exporters and Producers (VASEP) was published amid positive developments in the country's seafood industry, marking a successful year with a total export value of USD 10 billion, a 12% increase compared to 2023. This milestone underscores the sustainable growth and exceptional potential of the seafood sector in contributing to the national economy.
(seafood.vasep.com.vn) Vietnam's tuna sector faced numerous challenges in the latter half of 2024. While the year proved memorable, with export turnover reaching nearly USD 1 billion, maintaining this growth trajectory requires renewed impetus for the tuna industry.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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