Vietnam’s tuna exports to the EU prospered in early 2022
MEKSEA.COM – After a tumultuous year, Vietnam’s tuna exports to the EU grew strongly in the first month of 2022. In January, Vietnam’s tuna export increased by 82% year on year. This is a prosperous sign for Vietnam’s tuna exports to this potential market in 2022.
According to statistics of Vietnam Customs, Vietnam’s tuna exports to the EU in 2021 reached 144 million USD, up 6.4% compared to 2020.
If in 2021, Vietnam’s tuna exports to the EU market were affected by the shipping crisis. In the first months of 2022, tuna exports to most markets in the EU recovered, export value reached about 15 million USD, approximately doubled over the same period in 2021.
It is expected that this trend of tuna exports to the EU will continue this year. Because the economies of the EU countries are recovering and reaching the same size as the end of 2019, the time before the Covid-19 pandemic. This has boosted the demand for tuna in EU countries to recover. In addition, the tariff preferences as agreed in the Free Trade Agreement between Vietnam and the EU (EVFTA) restarted in the first months of 2022 are creating a driving force to promote Vietnam’s tuna exports to this potential market bloc.
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By Hayati (Meksea Team)
(hayati@mekseaconnection.com)
(Reference: VASEP)
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