According to statistics of Vietnam Customs, tuna export turnover to Belgium in the first 7 months of 2022 reached more than 12 million USD, up 95% compared to the same period in 2021. Among exported products, Belgium mainly imports frozen tuna meat/loin products (HS code 0304) from Vietnam, accounting for 91% of the total tuna export value to this market.
Currently, there are about 20 Vietnamese enterprises exporting tuna to the Belgian market. Trang Thuy Seafood, Bidifisco and Tithico are the 3 exporters with the largest export value to this market in the first 7 months of 2022.
Before, the Belgian tuna market was heavily dependent on suppliers from other EU countries, such as the Netherlands rather than imported from sources outside the bloc. However, due to limited imports from EU sources in the first months of 2022, Belgium is increasing tuna imports from non-EU countries.
According to ITC statistics, Belgium's tuna imports from non-EU sources are increasing rapidly in the first five months of 2022, up 49% over the same period in 2021.
Among the 20 sources outside the EU, Ecuador, the Philippines and Vietnam were the 3 largest tuna suppliers to this market in the first 5 months of 2022. Tuna imports from these three sources in this period all increased sharply, but the growth rate of imports from Vietnam was slower. With the advantage of a strong fishing fleet, Ecuador and the Philippines are rapidly expanding their market share in Belgium.
Tuna suppliers (outside the EU) to Belgium May 1, 2021 – 2022 (Thousand USD) |
|||
Supplier |
Jun-May/2021 |
Jun-May/2022 |
Change (%) |
Total |
15,844 |
23,553 |
48.7 |
Ecuador |
2,810 |
7,213 |
156.7 |
Philippines |
2,220 |
5,188 |
133.7 |
Vietnam |
3,170 |
5,068 |
59.9 |
Korea |
859 |
1,731 |
101,5 |
Sri Lanka |
1,407 |
1,100 |
-21.8 |
Thailand |
376 |
379 |
0.8 |
Papua New Guinea |
1,436 |
584 |
-59.3 |
Mauritius |
1,247 |
388 |
-68.9 |
Morocco |
235 |
176 |
-25.1 |
Indonesia |
92 |
217 |
135.9 |
Top 10 Vietnam tuna exporters to Belgium, Jan-May/2022 |
|
No |
Company |
1 |
Trang Thuy Seafood Co., Ltd |
2 |
BIDIFISCO |
3 |
TITHICO |
4 |
HAI TRIEU COMPANY LIMITED |
5 |
VIET SEA VN CO., LTD |
6 |
GOLDEN SHRIMP JSC |
7 |
Hai Son Food Co.Ltd |
8 |
BA HAI JSC |
9 |
KIEN GIANG TRADING JOINT STOCK COMPANY |
10 |
FOODTECH JSC |
Compiled by Thuy Linh
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.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in January 2024, Vietnamese pangasius exports to Germany decreased by 30% compared to last year and reached only nearly 2 million USD.
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