Tuna exports rise to year’s highest levels
In this article (4)
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.
Questions & Answers
Q.What is the total value of tuna exports for the year up to the latest reporting period?
What is the total value of tuna exports for the year up to the latest reporting period?
Exports for the year-to-date have reached US$545 million. This figure represents a 25% decrease compared to the same period in the previous year.
Q.Which specific markets saw a significant increase in tuna shipments during August?
Which specific markets saw a significant increase in tuna shipments during August?
Exports to the EU surged by 37% in August, notably with a 45-fold rise in shipments to Italy. Exports to the US also increased by 2% due to a jump in canned tuna shipments.
Q.How did exports to countries involved in the CPTPP trade agreement perform?
How did exports to countries involved in the CPTPP trade agreement perform?
Shipments to CPTPP members experienced declines. Exports to Japan fell by 53%, Canada by 49%, and Mexico by 14% during the period reported.
Reader pulse
Will tuna exports maintain their August recovery?
21,885 votes so far