Japan’s imports of processed and canned tuna on the rise
MEKSEA.COM – In the past five years, the import of processed and canned tuna under HS code 16 from Vietnam to Japan has been steadily increasing.
According to statistics from Japan Customs, the import value of this product category has risen from 65,000 tons in 2018 to nearly 69,000 tons in 2022. Specifically, during the first two months of 2023, the import of HS code 16 tuna from Vietnam increased by 6% compared to the same period in 2022, reaching over 10,000 tons.
Currently, Thailand, Indonesia, the Philippines, and Vietnam are the four largest sources of processed and canned tuna for the Japanese market. The import of processed and canned tuna from these four sources has all recorded growth during the first two months of 2023. Among them, imports from Vietnam have experienced the highest increase, at 58%. In the context of rising tuna prices in the global market and a decrease in a domestic catch in Japan, the advantages of tariff reductions under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are creating significant attraction for Vietnamese processed and canned tuna products.
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By Hayati (Meksea Team)
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