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Tuna exports to China increased 3 times

18/10/2021

In the first half of September 2021, the value of tuna exports to the Chinese market increased by 332% over the same period last year.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), since August 2021, Vietnam's tuna export markets have simultaneously declined, and China is one of the few markets with growth over the same period in 2020. Especially, in the first half of September 2021, the export value to this market increased by 332% over the same period last year.

Accumulated over eight months of 2021, Vietnam's tuna export value to China reached USD 3.6 million, an increase of 63% over the same period. From the end of May 2021, Zhanjiang - one of the major transshipment hubs in China has announced to suspend the import of frozen food from major seafood producing countries including India, Vietnam and Thailand, along with 8 other Asian countries due to the negative impact of the Covid-19 pandemic. In addition, the 4th wave of Covid-19 pandemic in Vietnam since the end of July has slowed down Vietnam's tuna exports to the Chinese market.

According to statistics of Vietnam Customs, China is increasing imports of frozen tuna fillets and tuna meat, code HS0304 and canned tuna from Vietnam. Among Vietnam's exported tuna products to this market, frozen tuna meat and fillets accounted for 66% of the total export value, followed by canned tuna with 19%.

According to Ms. Nguyen Ha, tuna market expert of VASEP, there are currently about 23 Vietnamese tuna processing and exporting enterprises participating in exporting to the Chinese market. If the disease control situation in the Mekong Delta is better, enterprises return to production, stable exports, increasing exports to this market will maintain a high growth momentum.

 

Kylie Nguyen

© 2019 Vietnam Bank for Agriculture and Rural Development No. 2 Lang Ha street, Ba Dinh district, Hanoi, Vietnam
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