Tuna exports experience mixed trend

Tuna exports hit nearly US$100 million so far this year, showing a sharp rise in traditional markets such as the US and Canada but a decline in the European Union.

The Vietnam Association of Seafood Exporters and Producers (VASEP) said exports to the two northern American markets surged by over five folds year on year.

Other traditional markets also fared well. Exports to Japan earned over US$10 million and Taiwan US$1 million.

However, exports to the European Union witnessed a drop in both value and quantity.

VASEP members partially blamed the problem on the EC’s new law aimed at combating illegal, unreported and unregulated (IUU) fishing.

Businesses raised concerns about challenges lying ahead as seafood exports to EU must be certified legal and a certification of conformity is an entrance ticket for Vietnamese seafoods.

To meet this demand, the Vietnam Fishermen Association is taking steps to establish an authority to supervise and protect ocean tuna fishing on the national scale.

Experts called for urgent action to be taken to promote Vietnamese ocean tuna brand to increase the commercial value of the products.

VOVNews

Tags: Vietnam Seafood, Vietnam seafood exports, vietnam tuna exports