July 9, 2025 | 17:19 GMT +7

  • Click to copy
Wednesday- 09:44, 03/04/2024

Tuna exports to Canada increased sharply

(VAN) Tuna exports to Canada have increased again since the end of last year and continued to increase strongly in the first months of this year.
Tuna exports to Canada increased sharply in the first months of this year.

Tuna exports to Canada increased sharply in the first months of this year.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in February this year, tuna exports to Canada increased by 146% over the same period last year. Overall, in the first 2 months of 2024, tuna exports to Canada reached nearly $ 5.5 million, an increase of 68% over the same period in 2023.

Canada is currently importing mainly frozen tuna meat/loin products and canned tuna from Vietnam. Compared to the same period in 2023, exports of frozen tuna meat/loin and canned tuna to Canada increased by 150% and 25%, respectively.

According to the International Trade Center (ITC), Vietnam will be the third largest tuna supplier to Canada in 2023, after Thailand and Italy. However, Vietnamese tuna exports to Canada decreased last year (down 35%) when reaching only $ 34 million.

Tuna exports to Canada decreased sharply in 2023 because Canada's tuna imports from major suppliers largely decreased. Economic difficulties have led to recent Canadian seafood consumption, including tuna, tends to decrease as consumers switch from seafood products to beef, chicken and other protein items that have lower prices than seafood.

However, since the end of last year, tuna exports to Canada have shown signs of recovery. This recovery is due to the fact that Canada's seafood consumption demand is forecast to increase in the next 5 years. According to Statista's forecast, Canada's seafood revenue will reach $ 4.79 billion by 2024 and will grow by 4.9%/year on average.

Canada is currently one of the leading markets for Vietnamese tuna, ranking 4th after the US, EU and Israel in 2023.

Author: Son Trang

Translated by Hoang Duy

Squid and octopus exports rebound: Aiming to surpass USD 700 million

Squid and octopus exports rebound: Aiming to surpass USD 700 million

(VAN) Squid and octopus exports have accelerated since the beginning of the year, with expectations to reach the USD 700 million milestone, driven by recovering demand and positive signals from both traditional and emerging markets.

Shrimp exports show strong growth but may slow down

Shrimp exports show strong growth but may slow down

(VAN) Shrimp export growth in May was positive, but businesses are concerned that the recovery momentum in the second half of the year may stall due to uncertainty surrounding U.S. tax policy.

For Vietnamese fruits to access export opportunities

For Vietnamese fruits to access export opportunities

(VAN) To enable Vietnamese fruits to reach further and enter more markets beyond China, specific solutions in production and market development are needed.

Vietnam EUDR-compliant rubber sees strong market demand

Vietnam EUDR-compliant rubber sees strong market demand

(VAN) Vietnamese rubber products that comply with the EU Deforestation Regulation (EUDR) are currently enjoying favorable market demand.

GlobalGAP dragon fruit: The key to conquer any market

GlobalGAP dragon fruit: The key to conquer any market

(VAN) Many farmers in Lam Dong province have gained the confidence to tap into even the most demanding markets by growing dragon fruit in accordance with GlobalGAP standards.

Enhancing market access for Italian agricultural exports to Vietnam

Enhancing market access for Italian agricultural exports to Vietnam

(VAN) Minister Do Duc Duy affirmed that Ministry of Agriculture and Environment will coordinate with the Italian side to resolve technical obstacles and promote bilateral trade.

China tightens safety rules amid dip in Thai durian exports

China tightens safety rules amid dip in Thai durian exports

(VAN) Thailand's durian exports to China fell by approximately 3% from January to June 2025 compared to the same period last year, according to data from Thailand's Department of Agriculture as reported by Bangkokbiznews.

Read more