Frozen Tuna: Vietnam becomes largest tuna exporter of Israel
MEKSEA.COM – Despite facing many difficulties, Vietnam is always sensitive to market and makes effort in export industry, tuna export turnover in the first half of the year increased impressively. In the first 6 months of 2021, Vietnam went past Thailand to become becomes Israel’s biggest tuna supplier.
At present, Israel is the third-largest tuna export market of Vietnam after the US and Italy. It’s worth mentioning that in the first half of this year, Israel’s tuna imports from most of the sources decreased, especially in Vietnam, which continuously increased sharply.
Israel is the third-largest tuna export market of Vietnam after the US and Italy.
This is good news because there were 2 cases of hospitalization due to food poisoning due to eating tuna before, which significantly affected Vietnam’s tuna exports to this country. But from the end of 2020 until now, tuna exports to the Israeli market have tended to recover.
According to the Association of Seafood Exporters and Producers (VASEP), up to August 15, the total value of Vietnam’s tuna exports to the Israeli market increased by 34% over the same period last year, reaching nearly 25 million USD, accounting for 5.6% of total tuna export value. Even tuna exports to the Israeli market used to increase 2.5 times over the same time in 2020.
Meksea is honored to be one of the eight leading tuna exporters in Vietnam to the Israeli market in the first 9 months of 2021 (*). If you are interested, please visit Meksea website to explore to our tuna products. (*) According to data from the Vietnam Association of Seafood Exporters and Producers-VASEP |
In this year, Vietnam’s exports of tuna products increased over the same period in 2020. In particular, Vietnam’s frozen tuna meat/fillet HS03048700 is still the key export product to Israeli market, accounting for 47% of the total export value. The average export price of products to the Israel market in the first seven months of this year is estimated at $5,464 per ton.
In this year, Vietnam’s exports of tuna products increased over the same period in 2020. In particular, Vietnam’s frozen tuna meat/fillet HS03048700 is still the key export product to Israeli market, accounting for 47% of the total export value. The average export price of products to the Israel market in the first seven months of this year is estimated at $5,464 per ton.
However, it is difficult for businesses to maintain export growth to markets, including the potential export market of Israel. Many businesses have been cutting processing capacity due to the requirements of epidemic prevention measures. According to statistics of Vietnam Customs, in the first half of August, Vietnam’s tuna exports to Israel are down 19% compared to the same period in 2020. However, the value of tuna exports to this market is still increasing over the same period is due to the export value from the previous months.
Meksea received many positive feedbacks about tuna orders from Israeli market.
Therefore, in order to maintain the growth of tuna exports to this potential market, businesses have to quickly stabilize production, strictly implement epidemic prevention to maintain and recover production and export productivity step by step.
Recently, Mekong Seafood Connection (MEKSEA) has also received tuna orders from the Israeli market contributing to increasing Vietnam’s tuna export output. Currently, we mainly export products such as canned processed tuna, tuna loins, frozen tuna fillets, frozen fresh tuna to this market and received many positive feedbacks.
In the coming time, Meksea will try to expand the tuna export market to this potential market. Meksea is determined to build and promote the brand name of Vietnam’s key seafood products to the international market.
By Huyen Duong (Meksea Team)
(hayati@mekseaconnection.com)
Meksea is honored to be one of the eight leading tuna exporters in Vietnam to the Israeli market in the first 9 months of 2021 (*). If you are interested, please visit Meksea website to explore to our tuna products. (*) According to data from the Vietnam Association of Seafood Exporters and Producers-VASEP |
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