Vietnam’s tuna exports surged


HCM CITY – After three straight years of decline, Việt Nam’s tuna exports have turned around this year, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).

Total earnings in the first eight months were US$309.8 million, a 2.1 per cent rise from last year, it said.

Except in February the value rose every single month.

According to customs, fresh and frozen tuna accounted for 58.3 per cent of the exports and the ratio of processed tuna fell to 41.7 per cent from 45.6 per cent last year.

The US, EU, ASEAN, China, Israel, Japan, Canada, and Mexico were the largest markets, accounting for 88.2 per cent of the total exports.

Shipments to China increased by 68.5 per cent year-on-year. It was followed by ASEAN with a 26.7 per cent rise and Israel with 18 per cent.

But exports to the EU fell by 11.5 per cent.

Source: Vietnam News

Photo: Vu Sinh