06.11.2020, 17:48

Local tuna exports to US market enjoy swift recovery

Local tuna exports to US market enjoy swift recovery

The association revealed that the country’s tuna exports to the US throughout August and September recorded an increase of 5.2% and 1.6%, respectively, therefore bringing the total export value during the first nine months of the year to over US$208 million, representing an annual decline of 13.8%.

Throughout the reviewed period, fresh, frozen, and dried Vietnamese tuna exports to the US market fell by approximately 39% on-year, while processed and canned tuna exports enjoyed a sharp rise of roughly 29%.

This level of robust growth has served to boost the total value of local processed and canned tuna exports to the US market from 36.8% to a figure of 55%.

Furthermore, the average export price of frozen tuna and steamed tuna fillets to the US hovered between US$9.3 and US$7.1 per kilo, respectively.

With US businesses in the process of rebuilding warehouses, import demand for processed and canned tuna from the US is anticipated to increase in the near future.