Tuna export expected to hit over 1 billion USD in 2022
Tuna export turnover in 2022 is expected to reach about 1.1 billion USD, up 45% from the previous year, considering a 56% growth in the first six months of the year, according to statistics of the General Department of Vietnam Customs.
Hanoi (VNA) - Tuna export turnover in 2022 is expected to reach about 1.1billion USD, up 45% from the previous year, considering a 56% growth in thefirst six months of the year, according to statistics of theGeneral Department of Vietnam Customs.
Tuna export turnover in June reached 90 million USD,a year-on-year increase of 41%, bringing the value for the first half of theyear to 553 million USD, a year-on-year rise of 56%.
Regarding markets, the VietnamAssociation of Seafood Exporters and Producers (VASEP) said that good growthwas seen in most major markets except the EU, Israel and Egypt.
As of the end of June, tuna export value to the US totalled morethan 300 million USD, up 96% over the same period last year.
In the reviewed period, CPTPP is the third largest export marketof Vietnamese tuna exporters (after the US and EU). The value of tuna shippedto the pact’s member economies reached 68 million USD, up 50% over the sameperiod last year.
However, shipments of tuna to the EU have continuously declinedover the past three months. Tuna export turnover to the market in Junedecreased by 25% year on year to nearly 9.5 million USD, bringing the figurefor the January-June period to 77 million USD, up 4% compared to the sameperiod last year.
Besides the three major export markets, tuna exports to SaudiArabia, Thailand, the Philippines and Russia also increased.
VASEP forecasts that tuna exports in the second half of the yearwill continue to grow well, but at a slower rate./.
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).
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.
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.
Tuna exports enjoyed a three-digit growth rate in the first month of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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Illustrative photo (Source: VNA) 
