Vietnam's tuna export hits nearly 700 mln USD in 10 months-Xinhua

Vietnam's tuna export hits nearly 700 mln USD in 10 months

Source: Xinhua

Editor: huaxia

2023-11-20 20:01:45

HANOI, Nov. 20 (Xinhua) -- Vietnam's tuna export turnover reached 693 million U.S. dollars in the first 10 months of 2023, falling 22 percent year on year and ranking third among aquatic products, Vietnam News Agency reported on Monday, citing the Vietnam Association of Seafood Exporters and Producers.

The United States, Israel, Thailand, Japan, Canada, and Germany were Vietnam's biggest tuna importers.

During the cited period, Vietnam's tuna exports to Israel, Thailand, and Germany posted growth while shipments to the U.S., Japan, and Canada plunged.

Poland is the seventh largest European Union (EU) market of the tuna from Vietnam, while Vietnam is currently Poland's third largest non-EU supplier of tuna and the exports are now on the rise, the association said.

According to the association, the continuous growth in Poland's tuna imports over the last five years represents a good chance for Vietnamese products there.

Earlier, the association forecasted that total tuna export orders would increase sharply in the final months of the year due to decreasing inventories in major export markets.