December 25, 2024 | 08:01 GMT +7

  • Click to copy
Thursday- 14:01, 24/02/2022

Tuna exports: a 3-digit growth rate in the first month of 2022

(VAN) Just in the first month of 2022, tuna export increased sharply with a 3-digit growth and mostly huge growth in most major markets of Vietnam.
Tuna exports experienced a 3-digit growth rate in the first month of the year. Photo: TL.

Tuna exports experienced a 3-digit growth rate in the first month of the year. Photo: TL.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), information from the General Department of Vietnam Customs shows that turnover from tuna export in January 2022 reached nearly $88 million, up 108% over the same session of 2021.

Frozen tuna meat/fillets merchandise remained as the "trump card" in Vietnam’s tuna export, accounting for more than 66% of export turnover in January. In which, export of frozen tuna meat/fillets and other processed tuna products (mainly frozen steamed tuna loin) to other markets increased sharply with 3-digit growth, up 172% and 278% over the same period, respectively.

In 8 major markets for Vietnam’s tuna, which are the US, EU, CPTPP, Russia, Saudi Arabia, Israel, Egypt and China (accounting for more than 90% of the total export turnover), export experienced an increase, except for China.

Of which, the US remains the largest import market of Vietnam’s tuna, making up to nearly 50% of the total export value in January, reaching nearly $44 million, up 210% over the same session of 2021.

Along with the US, tuna export to EU countries has also accelerated in the first month of the year. Most notably, in January, the Netherlands and Lithuania appear in the top 3 leading markets of the EU in terms of tuna import value from Vietnam. The value of tuna export to these two markets in January increased at a very strong rate of 243% and 1,938%, respectively, over the same session of 2021.

In the CPTPP market bloc, after a decline in the fourth quarter of 2021, tuna export to a number of markets in this agreement bloc have improved in the first month of 2022. For example, export to Canada and Peru increased by 26% and 2,289% respectively over the same session of 2021.

Despite Chile not being in the top 4 leading markets, exports to this market also increased sharply by 219%, Meanwhile, exports to Japan decreased by 17% over the same period.

Author: Son Trang

Translated by Hoang Duy

Import and export turnover reaches the threshold of 800 billion USD

Import and export turnover reaches the threshold of 800 billion USD

(VAN) Vietnam's trade turnover reached nearly USD800 billion, a 15% increase compared to the same period last year, with exports rising by almost 14%, significantly surpassing the target of 6%.

The seafood export reached 10 billion USD, with expectations for 2025

The seafood export reached 10 billion USD, with expectations for 2025

(VAN) The Vietnam Association of Seafood Exporters and Producers held a ceremony to celebrate seafood exports reaching 10 billion USD in 2024, with expectations for better growth in 2025.

Periodic updates on the grains, livestock futures markets

Periodic updates on the grains, livestock futures markets

(VAN) After Monday, a drier trend sets in for Argentina before rain returns next week. Soymeal is retreating on falling world prices as Argentina is slated to crush a record amount of beans.

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

Cocoa caps 2024 as biggest commodity winner. It’s not over yet

(VAN) Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.

Bulgaria’s oilseed harvest drops to decade low

Bulgaria’s oilseed harvest drops to decade low

(VAN) The total oilseed crop including sunflower, rapeseed and soybeans is estimated at 1.6 million tonnes, down from 2 million tonnes a year ago.  

Corn farmers score major win in Mexico GMO corn dispute

Corn farmers score major win in Mexico GMO corn dispute

(VAN) The USMCA dispute panel ruled in favor of the United States on Friday, stating Mexico violated the trade agreement with its decree to ban GMO corn.

Negotiations on exporting Vietnamese passion fruit to the United States

Negotiations on exporting Vietnamese passion fruit to the United States

(VAN) According to information from the Plant Protection Department (Ministry of Agriculture and Rural Development), Vietnam and the United States are negotiating plant quarantine measures for fresh passion fruit.

Read more