Tuna exports to EU hit 133 million USD

However, in July 2024, the country’s tuna exports to the EU began to show signs of decline compared to the same period, down 14%. In the first half of August, although tuna exports to the market increased, exports of canned tuna products continued to decrease sharply.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), canned tuna is currently the main product exported to the EU, accounting for nearly 39% of Vietnam’s total tuna export turnover to this market (accumulated from the beginning of the year to August 15).

In the first months of this year, tuna exports to the EU market have fluctuated. After continuous growth from March to June, tuna exports to the EU decreased by 14% in July.

Canned tuna is the main product exported to the EU, accounting for nearly 39% of Vietnam’s total tuna export turnover to this market. (Illustrative photo)

VASEP compiled opinions from businesses, saying that the reason for the decline in tuna exports to the EU in recent months is that the preferential tariff is gradually running out and businesses are facing difficulties in the supply of skipjack tuna of pure Vietnamese origin, the main raw material for the canned tuna processing and export industry.

Meanwhile, at a recent meeting to discuss difficulties and obstacles in implementing Decree 37, Director of the Research Institute for Marine Fisheries Nguyen Khac Bat said that Vietnam’s seafood resources have decreased by more than 30% since 2005. For skipjack tuna, the resources have decreased by 80% since 2000-2005.

Therefore, the representative of the Institute proposed that there should be effective measures to manage aquatic resources. The world today applies not only input management measures but also output management measures for aquatic resources. Input management includes exploitation strength, number of vessels, conservation and exploitation size, while output management includes management through exploitation quotas and total allowable exploitation output./.