Aquaculture for all

Viet Nam Increases Fishery Products to Canada

Tuna Economics +3 more

VIET NAM - Viet Nam was the largest supplier of frozen bigeye tuna and the second largest supplier of frozen yellowfin tuna for Canada in 2012. For the year to date, tuna exports to Canada witnessed a stable growth registered for each month.

Lucy Towers thumbnail

According to statistics of General Department of Viet nam Customs, during the last three years, Canada became one of the top 10 largest importers of Vietnamese tuna, although tuna exports to this market only occupied a small proportion compared to Viet Nam’s total tuna export value, reports VASEP.

In the first five months of 2013, tuna exports to Canada registered a worth of US$5.725 million, representing an increase of 22.2 per cent over the same period of 2012 and making up 2.3 per cent of the country’ s total tuna import value.

For the year to date, tuna exports to Canada witnessed a stable growth registered for each month.

Viet Nam mainly exports frozen tuna loin to Canada. However, sales of the item to Canada in recent time experienced a setback compared to the same period of 2012. Last year, exports of the item to Canada reached a value over US$4 million, down 18.48 per cent against that of the previous year.

Viet Nam exporters are boosting canned tuna exports to Canada, the export value of this good from Viet Nam to this market is more and more increasing. Compared to 2011, exports of this item in 2012 increased considerably by 100.26 percent.

However, until the end of May 2013, the export value of canned tuna from Viet Nam to Canada tended to slow down in comparison with that of the same period of 2012. While exports of frozen tuna and tuna loin marked an advance, in which frozen tuna exports reported the highest growth, up 68 per cent from that of the same period of 2012.

Create an account now to keep reading

It'll only take a second and we'll take you right back to what you were reading. The best part? It's free.

Already have an account? Sign in here