The association revealed that the country’s tuna exports to the US throughout August and September recorded an increase of 5.2% and 1.6%, respectively, therefore bringing the total export value during the first nine months of the year to over US$208 million, representing an annual decline of 13.8%.
Throughout the reviewed period, fresh, frozen, and dried Vietnamese tuna exports to the US market fell by approximately 39% on-year, while processed and canned tuna exports enjoyed a sharp rise of roughly 29%.
This level of robust growth has served to boost the total value of local processed and canned tuna exports to the US market from 36.8% to a figure of 55%.
Furthermore, the average export price of frozen tuna and steamed tuna fillets to the US hovered between US$9.3 and US$7.1 per kilo, respectively.
With US businesses in the process of rebuilding warehouses, import demand for processed and canned tuna from the US is anticipated to increase in the near future.