Home / / Aquanews

Vietnams tuna sales to China down

Vietnams tuna sales to China down
Author: Neil Ramsden
Publish date: Thursday. September 14th, 2017

Vietnamese tuna exports to China are down in the first six months of 2017, according to data presented by Le Hang, deputy director of the Vietnamese Association of Seafood Exporters and Processors’ training and trade promotion center.

Overall tuna exports from Vietnam were expected to earn $524 million in 2017, Vasep estimated at the start of the year; a rise of 8% compared with the prior year.

In 2016, the country’s tuna sales to China came to $20.9m — in the first six months of 2017 they reached $12.2m, down 50% year-on-year.

However, Vasep data also showed total tuna export turnover rose 21% y-o-y to hit $271m in those six months. Shipments to Mexico rose 125%.

Exports are encountering difficulties in raw materials and import duties in some key markets, Vasep noted. A salesperson with exporter Mekong Seafood Connection told Undercurrent News the company could only offer tuna to certain customers this year, as catches had not been as good as in 2016.


Related news

Quality key for Vietnam in coming ‘zero-sum game’ US market Quality key for Vietnam in coming ‘zero-sum game’ US market

Vietnamese producers must ensure the quality of their produce as the US starts to become a “zero-sum game” of a market, warned consultant Carson Roper

Thursday. September 14th, 2017
Vietnam must up productivity to hit $10bn export target Vietnam must up productivity to hit $10bn export target

Between 2010 and 2016 export value of shrimp rose 7.2% per year; this needs to rise to 14% per year to hit the target.

Thursday. September 14th, 2017
China, ASEAN the key growth shrimp markets in future China, ASEAN the key growth shrimp markets in future

Recent shrimp sector workshops have suggested farmed shrimp production globally will increase by 4.2% per year until 2020

Thursday. September 14th, 2017