Vietnam the second largest supplier of canned tuna for the US

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam’s canned tuna exports continued to grow at a high rate in the first months of 2024.

In April 2024 alone, canned tuna exports to this market increased by 127%, equivalent to more than 10 million USD. In the first 4 months of the year, exports to this market reached more than 38 million USD, up 102% over the same period last year, and up 25% over the same period in 2022.

Processing ocean tuna products for export at the factory of Ba Hai Joint Stock Company. (Photo: VNA)

According to statistics from the US Department of Agriculture, Vietnam is currently the second largest supplier of canned tuna for the US market, accounting for 16% of the country’s total import volume, after Thailand.

Although the US is increasing imports of canned tuna from Vietnam, the country’s total imports in the first quarter of 2024 decreased slightly from the same period, reaching only nearly 33,000 tons.

The US reduced imports from Thailand, the largest supplier of tuna for this market, accounting for 51% of the total import volume. In the first quarter of 2024, the US’s canned fish imports from Thailand decreased by 9%. The average price of Thai canned tuna products exported to the US in the first quarter of 2024 fluctuated around 4,422 USD a ton.

Along with Vietnam, Mexico’s canned tuna exports to the US are also increasing slightly. The average export price of Mexico’s canned tuna products to this market in the first quarter of 2024 tends to increase compared to the same period in 2023, fluctuating at 4,735 USD a ton./.