The three-digit growth rate of Vietnam’s tuna exports to Mexico and Israel is considered a catalyst for a strong increase of over 16 percent of the country’s total tuna export value in 2021.
HCM City (VNA) - The three-digit growth rate of Vietnam’s tunaexports to Mexico and Israel is considered a catalyst for a strong increase of over16 percent of the country’s total tuna export value in 2021.
According to the Vietnam Association of Seafood Exportersand Producers (VASEP), Vietnamese tuna is now available in 140 countries around theworld. Export of the product earned the country 757 million USD lastyear, up 16.6 percent year-on-year.
Notably, tuna sales to Mexico and Israel soared by 143 percent and201 percent against the previous year, respectively.
The growth is attributed to producers and exporters’flexible and effective adaptation to the COVID-19 pandemic.
Shipments of most tuna products have increased, except for canned tuna, with tuna loin posting a 41 percent rise and other processed tuna 14 percent.
To further develop the tuna industry, VASEP stresses the needto expand its market share to raise competitiveness edge.
It took the Australian market as an example. Vietnam iscurrently the third largest supplier of tuna for this market, accounting for1.6 percent of Australia's total tuna import value. Meanwhile, Thailand andIndonesia keep the first and second positions with 73 percent and 23 percent,respectively. While Australia's tuna imports from Vietnam increased by 209percent, imports from Thailand decreased by 15 percent and Indonesia rose by 28percent, according to the International Trade Centre.
Most recently, the central province of Binh Dinh has implemented a project on building tuna fishing, preservation, purchase and export chains, with the support of the Japan International Cooperation Agency (JICA).Thanks to this project, tuna products are quickly frozen and exported by sea,so the quality is guaranteed and profit is higher./.
Vietnam exported 15,870 tonnes of tuna worth 73.33 million USD to the European Union in the first half of 2021, up 39.3 percent and 31.6 percent, respectively, against the same period last year, according to a journal published by the Ministry of Industry and Trade (MoIT).
The export value of Vietnamese tuna exports to the Israeli market by mid-August jumped by 34 percent to nearly 25 million USD compared to the same period last year, or accounted for 5.6 percent of the total tuna export value, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam earned nearly 49.4 million USD from tuna exports in August, a fall of 19 percent year-on-year, according to the General Department of Vietnam Customs.
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Tuna processing (Photo: VNA) 
