Vietnam’s exporters advised to expand tuna exports to Middle East
The Middle East is currently the best selection for Vietnamese exporters of canned tuna to expand market in the context that the consumption demand in such traditional markets as the US and the EU are experiencing a slowdown, the Vietnam Association of Seafood Exporters and Producers (VASEP) said.
Tunas caught by fishermen in Phu Yen (Source: VNA)
Hanoi (VNA) – The Middle East is currently the best selection forVietnamese exporters of canned tuna to expand market in the context that theconsumption demand in such traditional markets as the US and the EU areexperiencing a slowdown, the Vietnam Association of Seafood Exporters andProducers (VASEP) said.
Statistics of the Vietnam Customs showed that the exportturnover of tuna to Middle East nations in the first nine months of 2018enjoyed a year-on-year surge of 42 percent. Of the total value, 80 percent camefrom the export of canned tuna.
Currently, the Middle East market buys about 16 million tunacans, or 200,000 tonnes, from other countries. In the region, Egypt, Arab Saudiand Israel are the three largest importers of tuna, accounting for 21 percent,19 percent and 11 percent of the market share, respectively.
According to VASEP, among 14 Middle East nations, Israel andEgypt are the two biggest buyers of Vietnamese tuna.
Vietnam’s tuna export revenue is expected to reach thetarget of 500 million USD in 2018, as the turnover already hit 351 million USDin the first seven months of this year. - VNA
he Middle East has recently been touted as a potential market for Vietnamese seafood exporters due to its rising demand for seafood products, high payment ability, and les strict product standards as compared to the EU, the US and Japan.
Vietnam’s tuna export revenue is likely to reach the target of 500 million USD in 2018 as the figure already hit 351 million USD in the first seven months of this year.etna
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Tunas caught by fishermen in Phu Yen (Source: VNA) 
