Vietnam tuna exports to the EU dropped in the second quarter of 2022
09:21 08/17/2022

(seafood.vasep.com.vn) According to Directorate of Fisheries, Vietnam fisheries production in the first 6 months of the year was estimated at 4,196.8 thousand tons, increased by 2.5% over the same period last year (in the second quarter of 2022, it reached 2,333.3 thousand tons, up 2.9%), including: Fish reached 3,044.4 thousand tons, up 1.7%; shrimp reached 520 thousand tons, up 9.4%; other marine products reached 632.4 thousand tons, up 1.2%.

(seafood.vasep.com.vn) In the first 4 months of 2022, Vietnam's tuna exports to Mexico were unstable. However, the total export value to this market still increased by 41% compared to the same period in 2021, reaching more than 5.1 million USD. Mexico is currently the 13th largest import market of Vietnam’s tuna in this period.

(seafood.vasep.com.vn) Businesses in Khanh Hoa province are increasing the purchase of tuna for processing to export to the US and EU markets.

(seafood.vasep.com.vn) After continuous growth in the first 3 months of 2022, Germany has replaced the Netherlands as the 5th largest single import market and the largest tuna importer in the EU of Vietnam. In the first quarter of this year, Vietnam's tuna export value to Germany had an average growth rate of nearly 58% over the same period last year.

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam tuna exports in March 2022 continued to grow well at 58% y-o-y, reaching 104 million USD, bringing the total tuna export value in the first 3 months of this year to the highest level in the past 5 years.

(seafood.vasep.com.vn) After the turbulent year of 2021, Vietnamese exports of tuna to the EU have burgeoned during the first months of 2022. Robust y-o-y growth of 82% signals a promising year for Vietnamese exporters to this market.

(seafood.vasep.com.vn) Russia's military campaign in Ukraine is having a comprehensive and profound impact on the world tuna market, affecting production and export activities of countries, including Vietnam.

(seafood.vasep.com.vn) After a continuous decline in 2021, Vietnam's tuna exports to Peru spiked in January 2022, with a rate of 2,290% over the same period in 2021.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, Vietnam's tuna exports to the EU in 2021 were nearly equivalent to 2020, reaching US$144 million, up 6 %. However, tuna exports to countries in the bloc have changed and most notably to the French market.

(seafood.vasep.com.vn) In November 2021, Vietnam's tuna exports continued to grow strongly by 51% over the same period in 2020, reaching more than 78 million USD. It is estimated that tuna exports in December will also grow at the same rate, and is estimated at about 85 million USD, bringing the total value of tuna exports in 2021 to about 757 million USD.

(seafood.vasep.com.vn) In the first 10 months of 2021, Australia is one of the few markets with high triple-digit growth in Vietnam's tuna imports. According to statistics of Vietnam Customs, Vietnam's tuna exports to this market reached nearly $2.7 million, up 103% over the same period last year. Continuously from the beginning of the year, Vietnam's tuna export value has grown continuously.

(seafood.vasep.com.vn) In the first 10 months of 2021, Vietnam's tuna export value to the Middle East reached US$57.5 million, an increase of 15% over the same period in 2020. The Middle East continues to be a market. Vietnam's fourth largest tuna exporter after the US, EU and CPTPP. Currently, there are many tuna companies redirecting their exports to the Middle East markets.

(seafood.vasep.com.vn) Ocean tuna is a key export product of Binh Dinh province's seafood industry. Therefore, this locality has constantly come up with solutions to help fishermen safely stick to the sea to catch. The Binh Dinh Ocean Tuna Production and Consumption Chain Project has and will help tuna products have stable output and high selling prices.

(seafood.vasep.com.vn) After two consecutive months of decline due to social distancing to prevent the Covid-19 epidemic, Vietnam's tuna exports increased again in October after localities eased. and reopen to resume production. Tuna export value in October reached $73 million, up 12% over the same period in 2020 and 17% higher than the same period in 2019, the time before the pandemic.

(seafood.vasep.com.vn) While Vietnam's tuna exports to major markets such as the US, EU and CPTPP declined, exports to China increased. According to Customs statistics, the total value of tuna exports to this market in the first nine months of 2021 reached more than $4 million, up 66% over the same period in 2020.


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