Tuna exports rise to year’s highest levels

Tuna exports rose to US$87 million in August, the highest for the year though 5% down year-on-year, according to the Vietnam Association of Seafood Exporters and Producers.

VASEP said there were some changes in the export patterns in August.

After declining steadily, exports to the U.S. increased by 2% bolstered by a 24% jump in shipments of canned tuna.

But exports for the year-to-date were 45% down from 2022 at US$208 million.

Exports to the EU saw a 37% surge, including a 45-fold rise in shipments to Italy. Smaller markets like Thailand and the Philippines also bought more tuna.

Shipments to members of the CPTPP trade deal like Japan, Canada and Mexico fell by 53%, 49% and 14%.

Exports for the year have been worth $545 million, down 25% from the same period last year.

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