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| Illustration photo (Source: congthuong.vn) |
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), after a decline in April 2023, Vietnam's tuna exports to EU countries increased again in May, up 15% compared to same period in 2022.
However, Vietnam's tuna exports in the first 5 months of 2023 still decreased slightly, by 4% compared to the same period last year.
Among EU countries, Germany and the Netherlands respectively were the two leading countries in importing tuna from Vietnam in the first 5 months of the year. Compared to the same period in 2022, Vietnam's tuna exports to Germany and the Netherlands increased by 23% and 26%, respectively.
By the end of May 2023, Vietnam had more than 31 enterprises participating in exporting tuna to the EU market.
Notably, while Vietnam's tuna exports to the EU in the first 5 months of 2023 all decreased over the same period, canned tuna exports increased sharply by 71% from the same period last year. With this increase, canned tuna is Vietnam's main export product to the EU in this period, accounting for more than 50% of the total export value.
According to VASEP, this year, due to the impact of inflation, high inventories and increased prices of canned tuna, EU importers tend to increase imports from markets with preferential tariffs, including Vietnam.
Mr. Truong Dinh Hoe, VASEP Secretary General, forecasted that seafood exports in general and tuna through the EU market are expected to gradually recover in the coming months and have better results compared to the first half of the year, thanks to more positive signals in the consumer markets, when the inventory decreases and the ordering season for year-end consumption and festive occasions begins./.