Tuna exports expand 10 percent in 2019
 |
| Tuna exports expand 10 percent in 2019. (Photo: VNA) |
Exports saw strong growth at the beginning of the year but slowed towards the year-end.
Tuna exports to the European Union accounted for roughly 140 million USD, down 11.8 percent year-on-year as a consequence of the EU’s “yellow card” warning issued in October 2017 after the country failed to demonstrate sufficient progress in fighting illegal, unreported and unregulated (IUU) fishing.
From the second largest importer of Vietnam’s aquatic products, the EU fell to fifth, behind the US, Japan, the Republic of Korea, and China.
Vietnam has forecast 15-percent growth in tuna shipments in 2020 but in the first months of the year, only slight increases are likely because of the relatively high inventories held by key foreign markets.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- Authorities looks to tackle influx of cheap foreign goods (November 07, 2024 | 10:44)
- Low-value e-commerce goods a target for VAT switch (November 07, 2024 | 10:31)
- Honda Vietnam races ahead with electric product launches (November 07, 2024 | 10:17)
- Union rights closer for non-nationals (November 07, 2024 | 08:00)
- Home Credit partners with Be Group to promote Home PayLater (November 05, 2024 | 08:58)
- SK Group completes sale of 76 million Masan Group shares (November 04, 2024 | 18:22)
- Tan Hiep Phat - three decades of serving society (November 04, 2024 | 17:58)
- Petrovietnam and subsidiaries perform strongly heading into 2025 (November 04, 2024 | 14:53)
- Big players keen on port development (November 03, 2024 | 19:31)
- New era of sustainable fuel in aviation builds momentum (November 03, 2024 | 17:03)
Mobile Version