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    Home > Food News > Food Articles > Vietnam's tuna exports in the first quarter of this year hit the highest level in the same period in five years

    Vietnam's tuna exports in the first quarter of this year hit the highest level in the same period in five years

    • Last Update: 2022-05-14
    • Source: Internet
    • Author: User
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    Vietnam's " Customs Online" reported on April 21 that according to statistics from the General Administration of Vietnam Customs, Vietnam's tuna exports continued to maintain a good momentum in March this year, with a year-on-year increase of 58%, with an export value of 104 million US dollars
    .
    In the first quarter of this year, Vietnam’s tuna exports reached US$259 million, a year-on-year increase of 72%, 1.
    6 times that of the same period in 2019 before the epidemic
    , and the highest level in the same period in five years .
     
    According to the analysis of Nguyen Ha, an expert in the tuna market by VASEP, the export orders for high-value frozen tuna meat and fish fillets with HS code HS0304 in the first quarter of this year showed a significant growth trend, increasing by 123% year-on-year to US$184 million
    .
    Vietnam's tuna exports to key markets continued to grow in March as demand was recovering
    .
     
    As of March 2022, Vietnam’s tuna exports totaled nearly US$137 million, a year-on-year increase of 116%
    .
    Among them, exports in March were nearly 57 million US dollars, an increase of 84%
    .
    The United States continues to be Vietnam's largest tuna export market
    .
     
      Tariff incentives under the Vietnam-EU Free Trade Agreement (EVFTA) in March this year continued to attract Vietnamese tuna products to the market
    .
    However, while the bulk of goods are exported at CFR prices, rising freight rates have affected exports to the EU market to some extent
    .
     
      Growth in tuna exports to the EU market is slowing, rising 10 percent in March to $14 million
    .
    In the first quarter of this year, Vietnam's exports to the EU market totaled nearly US$38 million, a year-on-year increase of 33%
    .
     
      Compared with the EU, Vietnam's tuna exports to the CPTPP member markets have a trend of increasing
    .
    Exports to the CPTPP market rose 49 percent in March to nearly $14 million
    .
    In the first quarter of this year, the cumulative export volume was 30.
    4 million US dollars, a year-on-year increase of 40%
    .
    Among them, exports to Canada amounted to US$14 million, an increase of 70%; exports to Mexico amounted to US$4.
    3 million, an increase of 79%; exports to Chile reached US$2.
    4 million, an increase of 71%
    .
    However, exports to Japan continued to decline by 20% year-on-year to $6 million
    .
     
      In addition to the above-mentioned main export markets, tuna exports to other potential markets such as the UAE, Dominican Republic and Panama have also grown well compared to the same period last year
    .
    Customs tuna export epidemic
     
      According to the analysis of Nguyen Ha, an expert in the tuna market by VASEP, the export orders for high-value frozen tuna meat and fish fillets with HS code HS0304 in the first quarter of this year showed a significant growth trend, increasing by 123% year-on-year to US$184 million
    .
    Vietnam's tuna exports to key markets continued to grow in March as demand was recovering
    .
     
      As of March 2022, Vietnam’s tuna exports totaled nearly US$137 million, a year-on-year increase of 116%
    .
    Among them, exports in March were nearly 57 million US dollars, an increase of 84%
    .
    The United States continues to be Vietnam's largest tuna export market
    .
     
      Tariff incentives under the Vietnam-EU Free Trade Agreement (EVFTA) in March this year continued to attract Vietnamese tuna products to the market
    .
    However, while the bulk of goods are exported at CFR prices, rising freight rates have affected exports to the EU market to some extent
    .
     
      Growth in tuna exports to the EU market is slowing, rising 10 percent in March to $14 million
    .
    In the first quarter of this year, Vietnam's exports to the EU market totaled nearly US$38 million, a year-on-year increase of 33%
    .
     
      Compared with the EU, Vietnam's tuna exports to the CPTPP member markets have a trend of increasing
    .
    Exports to the CPTPP market rose 49 percent in March to nearly $14 million
    .
    In the first quarter of this year, the cumulative export volume was 30.
    4 million US dollars, a year-on-year increase of 40%
    .
    Among them, exports to Canada amounted to US$14 million, an increase of 70%; exports to Mexico amounted to US$4.
    3 million, an increase of 79%; exports to Chile reached US$2.
    4 million, an increase of 71%
    .
    However, exports to Japan continued to decline by 20% year-on-year to $6 million
    .
     
      In addition to the above-mentioned main export markets, tuna exports to other potential markets such as the UAE, Dominican Republic and Panama have also grown well compared to the same period last year
    .
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