According to the report on Vietnam seafood exports in 2024 May of Vietnam Association of Seafood Exporters and Producers (VASEP), tuna from Vietnam has been exported to 86 countries all over the world. So, what makes tuna from Vietnam become more and more welcomed by the global seafood market?
The Tuna industry in Vietnam
Vietnam's tuna industry is a fast expanding sector that makes major contributions to the national economy and the world's seafood market.
How the industry evolve over years
Vietnam's tuna industry has grown vastly in the past few decades. It began with focusing on small-scale, traditional fishing techniques and has developed into a more technological and highly competitive business.
Over 3,600 fishing boats and 35,000 fishermen fish for ocean tuna in Vietnam. These vessels mostly operate in the Binh Dinh, Phu Yen, and Khanh Hoa regions in the middle of Vietnam. An estimated 20,000–35,000 tons of tuna are brought to Vietnam's industry annually by such ships. Binh Dinh is the region with the highest output of tuna exploitation with an average annual quantity of 12,000 tons.
Where is tuna on the Vietnamese market
Tuna plays an important role in Vietnam's fisheries industry in particular and Vietnam's economic sector in particular. Tuna accounts for 450–550 million USD in export revenue annually. In addition, a lot of fishermen are linked to fishing activities, which generates employment for a lot of people who live near the coast.
Tuna from Vietnam
Understand the superior quality of tuna from Vietnam
Vietnam's tuna is considered to be of the top quality in the world seafood market because of a number of factors that guarantee its great flavor, freshness, and safety. The following are the main factors that raise the quality of Vietnamese tuna.
Tuna Varieties and Their Features
- Yellowfin Tuna: Perfect for sashimi and steaks, this fish is appreciated for its firm texture and mild flavor.
- Skipjack Tuna: Skipjack tuna is prized for its rich flavor and affordability, and it is often found in canned tuna products.
- Bigeye Tuna: Bigeye tuna is appreciated for its rich flavor and high fat content, making it ideal for premium sushi and sashimi.
Taste and Freshness
- Transport and Handling: From the time the tuna is captured until it reaches the processing facility, it is handled carefully. Its freshness is maintained by effective cold chain management and shipping.
- Vietnamese tuna is a favorite for sashimi, steaks, and canned goods because of its distinct and appealing flavor profiles, which are a result of the rich waters of the South China Sea.
Eco-Friendly Fishing Methods
- Fishing Methods: Longline and purse seine fishing are two examples of the traditional and contemporary fishing techniques used in Vietnam. By reducing stress and harm to the fish, these methods aid in preserving the quality of the catch.
Tuna fishing in Vietnam
- Sustainability Initiatives: With the help of worldwide alliances and governmental laws, the sector follows sustainable fishing methods. This contributes to consistent quality by ensuring the long-term health of marine ecosystems and tuna populations.
Compliance with International Standards
- Certifications: To guarantee that Vietnamese tuna satisfies international standards for sustainability and quality, it is frequently certified by organizations like the Marine Stewardship Council (MSC).BRC,HACCP, ISO2200,HALAL
- Export Compliance: Vietnam's tuna industry conforms to the strict import laws of the United States, the European Union, and Japan. In order to guarantee that customers receive high-quality products, this involves adhering to certain health and safety regulations.
Tuna from Vietnam on global market
Tuna from Vietnam is now very welcomed by many importers around the world. Vietnamese tuna was sold to 86 markets worldwide by the end of March 2024. According to VASEP in May 2024, tuna exports reached nearly 388 million USD, an increase of 22% over the same period in 2023. Frozen loin/fillet tuna grew by 7%, while the whole frozen tuna increased nearly 3 times since May 2023 . Of which, the United States, the European Union, the group of nations taking part in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Israel, Russia, the Philippines, South Korea, and Thailand are the primary destinations for exports. 90% of the entire amount exported.
Vietnamese tuna exports
When it comes to market share, Vietnamese tuna is still primarily exported to the US with record growth of 30% over this same period in 2023. Along with the US, orders to the EU are increasing again in May, reaching an increase of 37%. This May, exports to Israel and Russia have increased at growth rates of 64% and 58%, respectively. Exports to the South Korea and Canada market have also been steadily rising since the end of 2023, following a period of volatility.
Frozen tuna supplier from Vietnam - Trang Thuy Seafood
With more than 20 years of experience in the business, Trang Thuy Seafood is a firm that manufactures, exports, and distributes dry and frozen fish goods. Trang Thuy began as a small factory in Tuy Hoa, Phu Yen, producing and exporting dried seafood to Korea and Taiwan. Today, it has grown into a cutting-edge facility, exporting both frozen and dried seafood to over ten countries and territories, including popular markets like Europe, the US, the UK and Japan.
One of Vietnam's primary locations for tuna fishing is Phu Yen. Our business is based in Phu Yen, and we supply the world's seafood industry with delicious, fresh frozen tuna. We use the most advanced technique and facilities to freeze our tuna.
Frozen tuna supplier from Vietnam - Trang Thuy Seafood
Since these are the two most important rules we have always followed from the start, product quality and customer service are two things we never compromise on. Contact us to get more information about frozen tuna from Vietnam.