Vietnamese tuna exports to Chile nearly doubled

(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.

Vietnamese tuna exports to Chile nearly doubled

In 2023, Vietnam was the 4th largest tuna supplier to Chile after Thailand, Ecuador, and China, with a market share of more than 9%. While Vietnam and Thailand's tuna exports to markets have grown continuously over the past 3 years, Ecuador and China's exports have tended to decrease.

This year, Chile increased imports of canned and frozen tuna meat/loin from Vietnam. In particular, Vietnam's canned tuna exports to this market in the first 2 months of this year increased three times.

There are currently 10 tune exporters to this South American country. Trinity Vietnam, Havuco, and Nha Trang Bay were top 3 tuna exporters to this market, accounting for 76% of total export turnover in 2023.

The import tax advantage of CPTPP agreement continue to be a strength for businesses to expand their sales in this market. Therefore, Vietnam's tuna exports to Chile will continue to grow well in the coming months.


SPECIALIST ON TUNA MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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