Viet Nam earned over US$4 million from tuna exports to Portugal in the first five months of this year, representing an impressive year-on-year increase of 419 percent.
This result made Portugal one of Viet Nam’s ten largest tuna importers, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).
In the period, Portugal imported over US$2.5 million worth of tuna fillet from Viet Nam , up over 941 percent over the same period last year and 1.4 times higher than the 2012 figure. As a result, Viet Nam becomes the second largest tuna exporter to Portugal after Spain.
Viet Nam also recorded a strong surge in exporting fresh and frozen tuna products to the European country in the period, raking in more than US$924,000, up 67 percent year-on-year.
The Southeast Asian nation ranked fourth among exporters of processed tuna products to Portugal with an export value of almost US$809,000.
It is forecast that the exports of Viet Nam’s steamed tuna fillet to the European country will continue to increase in the coming time.
However, with recent requirements of the Earth Island organisation regarding the “Dolphin safe” label on tuna products, Vietnamese exporters will likely meet difficulties in maintaining its growth as present.
Other News
- Hanoi prioritizes key industrial products
- AI set to drive Vietnam's economic growth in 2025
- AEON Vietnam opens another department store in Hanoi
- Support measures to strengthen Hanoi's small businesses and local industries
- European companies endorse Vietnam as investment destination
- Hanoi's flower market flourishes ahead of Tet 2025
- All-time high for Vietnamese FDI in 2024
- Mechanisms matter to promote energy efficiency in Vietnam's industrial sectors
- Hanoi targets to become nation’s logistics hub
- Vietnam's textile industry braces for tougher competition in 2025
Trending
-
Hanoi determined to enrich English learning for suburbs, rural students
-
Vietnam news in brief - January 12
-
Vietnam confident of achieving 8% growth rate in 2025
-
AI set to drive Vietnam's economic growth in 2025
-
Two Vietnamese cities in Asia's top five destinations for digital nomads
-
Prime Minister sets vision for Vietnamese football: Asian glory and World Cup dreams
-
Vietnam GDP expands by 7.09% in 2024
-
Hanoi celebrates New Year 2025 with art exhibitions
-
Hanoi Tourism: Paving the way for sustainable development