Tuna exports are increasing strongly, especially canned products with an increase of 468% from the same period in 2022, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
Despite a sharp fall in exports before the end of 2022 due to global inflation, tuna still brought home 1 billion USD in revenue last year, up 34% from 2021, becoming a billion-dollar commodity for the first time, data showed.
Vietnam raked in 350 million USD from tuna exports to France in the first seven months of 2022, representing a year-o-year surge of 203%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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.
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).
Vietnam exported 15,870 tonnes of tuna worth US$73.33 million to the European Union in the first half of 2021, up 39.3% and 31.6%, respectively, against the same period last year, according to a journal published by the Ministry of Industry and Trade (MoIT).