Tuna exports increased to Mexico market.

Mexico imported a large amount of Tuna from Vietnam. Among key Vietnam seafood items exported to Mexico, tuna ranks the second position in export value after pangasius. Since the early year to July 15th 2012, Vietnam tuna exports to Mexico are mainly fillet and other frozen tuna products (HS 0304 code) with the export value of US$3.65 million, up drastically 472 percent over that of the same period of 2011.Despite its unstable domestic economy, Vietnam still boosted to export tuna to Mexico. For the year to date, tuna exports to the market has been rising in each month with triple digit growth, in April alone, exports got four digit growth over the same period of 2011. Since May 2012, Mexico has been put in the top ten importers of Vietnam tuna. Tuna exports to the markets in May and June 2012 remarked an impressive growth of 365.7 percent and 921.5 percent, respectively over that of the corresponding period of 2011. During 2007 – 2011, Vietnam tuna export value saw ebbs and flows. In 2008, tuna export value attained US$5.3 million. However, in 2009, the figure sharply fell 88 percent to US$660,900 over the previous year – the deepest reduction in the past 5 years. Tuna export turnover from Vietnam to Mexico in 2009 was badly affected by instability in almost importing markets. In 2010, Vietnam tuna shipment to the market sharply advanced 142 percent to US$1.6 million against 2009.

Source: Vasep

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