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Japan increases Vietnamese tuna imports

Christian Fernsby ▼ | November 7, 2019
VASEP, the Vietnam Association of Seafood Exporters and Producers organisation, reports that if last year, Vietnam's tuna exports to Japan decreased continuously in the last months of the year, this year the trend shows more positive growth.
Vietnamese tuna
Asia   The value of tuna exports to this market in September reached USD 2.1 million
The value of tuna exports to this market in September reached USD 2.1 million, up 19% over the same period in 2018.

Topics: Japan Vietnamese tuna

Therefore, the total value in the first 9 months of 2019 is still up 7.3% compared to the same period in 2018, as it reached nearly USD 21 million.

Currently, the Japanese tuna market is also experiencing positive changes.

This is reflected in the import growth in the first 8 months of 2019, an increase of 0.2% in volume and 0.7% in value.

Although cheap Atlantic salmon is still popular in this market, it has impacted the import of fresh tuna from Japan.

And salmon is gradually taking away the market share of fresh Japanese tuna.

Along with that, canned tuna products imported into Japan also tended to decrease compared to the same period.

However, because the market prefers quality sashimi over fresh tuna due to a longer shelf life than frozen tuna, imports of frozen tuna loin from Japan have increased.


 

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