Vietnam tuna exports to the U.S. increased by 8.5% in 2015

(seafood.vasep.com.vn) In the late 2015, Vietnam's tuna exports to the U.S. showed a decline. However, the total tuna exports to the U.S. in 2015 of Vietnam reached over US$190 million, up 8.5% compared to 2014. The U.S. remained to be the largest importer of Vietnam tuna.

In 2015, Vietnam’s frozen tuna fillets/loins exports to the U.S. went up nearly 51% compared to 2014. Other processed tuna products exported to the market saw a sharp rise of nearly 58%. Exports of the other products reported the decline.

According to the statistics of U.S. Department of Agriculture (USDA), in 2015, tuna imports into the U.S. declined in both value and volumes with over US$ 1.45 billion and nearly 266,000 MT, down 6% and 8%, respectively, compared to 2014.

Processed and canned tuna were the main products imported into the market, accounting for 75% of the total tuna imports by the U.S. in 2015. However, canned tuna imports of the U.S. last year witnessed a decrease with the total value of US$636 million and the volume of 200,000 MT, down 39% and 14%, respectively, year on year.

Meanwhile, fresh/live/frozen tuna imports (HS code 03) of the U.S. went up with the value of US$817 million, and the volume of 67,000MT, up 60 % and 21%, respectively over 2014.

Thailand currently stays to be the largest tuna supplier out of 62 suppliers to the U.S., accounting for nearly 27% of total imports, followed by Indonesia with 11% and Vietnam with 10%.

In 2015, while tuna exports from Thailand to the U.S. reduced, exports of Indonesia and Vietnam to the U.S. rose.

In 2016, tuna imports into the U.S. from Thailand are forecast to continue the fall due to allegations of forced labor, while Indonesia and Vietnam's tuna exports to the market expected to climb up thanks to free trade agreements.

TUNA IMPORTS INTO THE U.S. (Volume: MT, value: US$ thousand)

Products

2014

2015

Variation (%)

Value

Volume

Value

Volume

Value

Volume

Total

1,552,066

288,636

1,453,819

266,416

-6

-8

Processed and canned tuna (HS16)

1,041,471

233,276

636,332

199,546

-39

-14

Fresh/live/frozen tuna (HS03)

510,595

55,360

817,487

66,870

60

21

Written by Nguyen Ha

Compiled by Dieu Thuy


SPECIALIST ON TUNA MARKET

Ms Van Ha

Email: vanha@vasep.com.vn

Tel: +84 24 37715055 (ext. 216)

  • Vinh Hoan
  • Detail-Right-Top