Vietnam's tuna exports to the EU are up by 22%
The exports of Vietnamese tuna fillets and other processed tuna to the EU increased in the first seven months of 2018, the value reported by Vietnamese Association of Seafood Exporters and Producers showing an increase of 22% compared to the same period of last year.
The three largest importing markets in the bloc included Germany, the Netherlands and Italy. In the second quarter of 2018, exports to Germany and Italy decreased by 4.6% and 10.4% respectively, while exports to the Netherlands increased by 61%.
In the first half of this year, exports of tuna loins/fillets and other processed tuna from Vietnam to the EU increased, while those of canned tuna and other fresh/live/frozen tuna reduced. Notably, exports of other processed tuna products from Vietnam to this market sharply increased by 337%, exports of tuna loins/fillets, the key export product to the EU in this period, rose by 34.7%.
This year, the EU countries tended to reduce imports of canned tuna. According to the latest Eurostat statistics, the EU countries imported nearly 135,600 MT of canned tuna products from countries in the first three months of this year, down 10% (over 15,000 MT) over the same period in 2017.
Inside the EU, Spain continues to be the largest exporter of canned tuna products to countries in the bloc. Nevertheless, in the first quarter of this year, Spain's canned tuna exports fell by 21% to 27,200 MT.
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