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Tuna export value jumps 42%

Update: August, 15/2012 - 10:34

 

Farmers in the central province of Phu Yen prepare tuna to deliver to plants for processing.Viet Nam saw an increase of 82.5 per cent in the value of tuna exports during the second quarter, compared to the same period last year, with earnings of $28.4 million. — VAN/VNS Photo The Lap
HA NOI — Viet Nam's tuna exports were valued at nearly US$312 million during the first seven months of the year, a rise of 42.3 per cent compared to the same period last year, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

The main markets for Vietnamese tuna exporters are the US, Japan, the EU and the Middle East, with the US accounting for 50 per cent of all tuna exports.

The association said Viet Nam recorded a 33 per cent increase in earnings for tuna exports to the US during the first seven months, compared to the same period last year, bringing total earnings to nearly $144 million.

Similar to the US market, Viet Nam's tuna export to Japan hit record highs, up by about 46 per cent compared with the same period last year, with $39.5 million in earnings, said VASEP.

As predicted, Viet Nam's tuna exports to Europe are also on the rise.

The association reported that Viet Nam saw a year-on-year increase of 82.5 per cent in the value of tuna exports during the second quarter with earnings of $28.3 million.

Tuna exports to the Middle East were also growing, but earnings were still at a modest level, said VASEP.

Israel, Sudan and Lebanon were among the biggest regional importers of Vietnamese tuna, spending a total of $6.4 million, which accounted for 70 per cent of all tuna exports to the Middel East, VASEP added. — VNS

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