Tuna exports are projected to reach 456.8 million USD in the first half of 2024, a year-on-year increase of 20%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). After decreasing in 2023, exports rose by 22% in the first five months of the year to 388 million USD. Exports to most markets increased, with those to the US and the EU, the two largest, rising by 30% and 37% and accounting for 37% and 22% of total exports. Exports to Israel, Russia and the Republic of Korea rose by 64%, 58% and 66%. In 2023, Vietnam became the world’s 5th largest exporter of tuna behind Thailand, Ecuador, Spain, and China, rising from the 8th place 10 years ago.

Source: Vietnam News Agency