Vietnam tuna exports flourished in January 2021

(seafood.vasep.com.vn) In the first months of 2021, Vietnamese tuna exports to markets were extremely prosperous, especially to the US market.

Vietnam tuna exports flourished in January 2021

According to tuna processing and exporting enterprises, in 2020, due to the impact of the Covid-19 epidemic, Vietnamese captured marine products continued to subject a yellow card warning issued by the European Commission (EC), so tuna exports from Vietnam faced many difficulties.

However, in the first months of 2021, Vietnam's tuna exports is gradually recovering, especially to the US market is very prosperous.

For example, Thinh Hung Co., Ltd., in Suoi Dau industrial zone (Khanh Hoa) said that, in 2020 the company had their export turnover of tuna being only 70% compared before the Covid-19 pandemic.

However, in early 2021, the company received many orders, thereby they have lifted the purchase prices of tuna by 10-20000VND/kg compared to the months of Covid- 19 in 2020.

Mr. Le Buu Quoc, Head of Raw Material Purchasing Department of Thinh Hung Co., Ltd., said that the tuna orders are relatively recovering compared to before the Covid-19 epidemic. In addition to the European market, the company also received many orders for raw tuna to serve supermarkets in the US, Canada ... However, according to Mr. Quoc, although the company promotes the purchase of tuna domestically, they only meet 2/3 of the output for export orders. Facing the above situation, the business has expanded to import raw tuna materials from countries such as Taiwan, China, Indonesia ... In addition, the price of imported raw materials is also equal to the purchase price of domestic raw materials, but 20% higher than that of 2019.

Similarly, T&H Nha Trang Co., Ltd in Dien Khanh district (Khanh Hoa) is also receiving many orders for tuna export from Europe and America. Regarding this issue, Mr. Huynh Dac Tri, Director of T&H Nha Trang Co., Ltd., said that this time is the peak season of Vietnamese tuna exports to Europe and America.

Despite the impact of the Covid-19 epidemic, businesses that have received orders reaching about 70-80% on average compared to the time before the Covid-19 epidemic, which is a positive sign.

Currently, there are 17 enterprises with 24 processing and exporting factories of tuna, concentrated mainly in Khanh Hoa, Binh Dinh and Phu Yen provinces. Currently, Vietnam exports tuna to more than 100 countries around the world.

In 2020, the total export turnover of tuna reached 648 million USD, of which the US market accounted for 40-41%, the Middle East 15%, the EU 14%, the ASEAN region 5%, Japan 4% and the rest are for other countries.


SPECIALIST ON TUNA MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

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