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US increases imports of canned tuna from Vietnam

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From SeafoodMedia on June 12, Vietnam has become the second largest supplier of canned tuna to the US after Thailand.

 

Vietnam's exports of canned tuna to the US exceeded US$10 million in April this year, up 127% year-on-year, with cumulative exports exceeding US$38 million in January-April, up 102% year-on-year, and up 25% over the same period in 2022.

 

In the first quarter, the United States canned tuna imports of only 33,000 tons, due to the United States to reduce the amount of purchases from Thailand, a drop of 9%, Thailand tuna in the first quarter of the export price of $ 4,422 per ton.

 

Mexican canned tuna exports to the United States increased during the first quarter, with an average price of $4,735 per ton.

 

Indonesian and Ecuadorian canned tuna are losing share in the U.S. market, with Ecuadorian canned tuna exports to the U.S. dropping 88 percent due to a significant increase in export prices.

 

China is also losing the U.S. canned tuna market due to higher tariffs.

 

The United States has attempted to reduce its dependence on Thailand and increase imports from other markets, such as Vietnam.


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