Tuna exports to Japan continue positive growth in the third quarter of 2022

(seafood.vasep.com.vn) In September 2022, Vietnam's tuna exports reached over $3.7 million, up 75% compared to the same period in 2021. This result reflects the positive trend of exports to the Japanese market because it is not only higher than the same period, but also is nearly double that of the same period in 2019.

Accumulating in the first 9 months of 2022, tuna export turnover to Japan reached US$31 million, up 49% over the same period in 2021, 1.5 times higher than the same period in 2019.

Vietnam mainly exports frozen tuna meat/loin products with HS code 0304 to Japan. Next is the group of other processed tuna products, including frozen steamed skipjack/yellowfin tuna loin, frozen steamed skipjack tuna, etc. Compared to the same period, exports of tuna products from Vietnam to Japan increased, except for canned tuna.

Chú thích ảnh

Japan's tuna import demand will only increase slightly in the last months of the year. 

Currently, there are 32 Vietnamese enterprises participating in exporting tuna to the Japanese market. In which, Mariso Vietnam, Evertrust Foods Co., Ltd and FoodTech are the top 3 tuna exporters to this market in the first 9 months of 2022.

According to statistics of the World Trade Center (ITC), Japan's tuna imports decreased continuously in the first 7 months of 2022. Currently, the inflation rate in Japan has increased to the highest level in the past 8 years.

Therefore, Japan’s tuna import demand will only increase slightly in volume in the last months of the year. Consumer demand for high-priced tuna products at the end of 2022 is likely to decrease in comparison to the previous years. The rising high inflation and the depreciation of the Yen cause imports in USD more expensive. Vietnam's tuna exports to Japan are expected to continue to increase in the last quarter of the year, but the growth rate will slow down.

Top 10 Vietnam tuna exporters to Japan (Jan-Sep 2022) 

No

Company

1

Mariso Vietnam

2

EVERTRUST FOODS CO., LTD (ETF)

3

FOODTECH JSC

4

HAVUCO

5

AN HAI FISHERY LIMITED COMPANY

6

NATURAL FOODS PLUS CO.,LTD

7

EVERTRUST BINH DINH CO.,LTD

8

FUJIURA NHA TRANG CO., LTD

9

DAI THUAN FOOD

10

BIDIFISCO

Compiled by Thuy Linh 


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SPECIALIST ON TUNA MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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