Vietnam reports slowdown in tuna export growth in September

Fish & Seafood

Vietnam reported an increase of only 1.4% for its tuna exports in September compared to year-earlier levels, according to the data published by the Vietnam Association of Seafood Exporters and Producers (VASEP).

Posted on Dec 18 ,14:44

Vietnam reports slowdown in tuna export growth in September

VASEP said that the country's tuna exports reported unstable growth this year with the rate reaching 20.4% in August and 2.1% in July.

Still the Vietnamese association adds that there was important growth reported in a number of markets such as Spain and Canada.

In September alone, Vietnam exported US$53 million worth of tuna products to the markets, bringing the total export value in the first nine months to nearly US$474 million, increasing by 10.3% over the same period in 2017.

Vietnam's exports of tuna to the European Union slowed down in September. The growth rate slipped from 47% in August to 1.3% in September.

Still, for the first nine months of 2018, tuna exports to the market this year has grown well by 22% over the same period in 2017, reaching US$118 million.

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