By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Agriculture News - Mekong FarmerAgriculture News - Mekong FarmerAgriculture News - Mekong Farmer
  • Home
  • Technology
    TechnologyShow More
    Agtech Seedlings: Bonsai Robotics secures $15M to advance automated fruit harvesters
    By nhanongen
    Deere loses appeal against Agco in patent dispute over precision planting technology
    By nhanongen
    Investment in agtech startups plummeted in 2024
    By nhanongen
    Mekong Farmer to stop publishing
    By nhanongen
    Agtech Seedlings: CH4 Global to expand methane-reducing cattle feed with Mitsubishi
    By nhanongen
  • Mekong Deta
    Mekong Deta
    Show More
    Top News
    Farmers growing jicama are at risk of losing money because prices have plummeted
    07/06/2024
    Thousands of pots of Tet raspberry chrysanthemums were thrown away because of slow flowering
    13/11/2024
    Feed wild boar with fruit
    04/06/2024
    Latest News
    The difficulty of durian farmers in the West
    28/06/2025
    The most delicious rice ‘father’ in the world made old -fashioned agriculture
    08/06/2025
    Dr. loves fattening ‘jackfruit’ in Ca Mau
    13/05/2025
    Dr. loves ‘fattening’ crab like Ca Mau
    13/05/2025
  • Supply Chain
    Supply ChainShow More
    Meat giant JBS breaks into the egg business
    By nhanongen
    Zeldin is confirmed as the new EPA administrator. What’s next?
    By nhanongen
    US detects rare bird flu strain H5N9 in poultry for first time
    By nhanongen
    Lend an ear: Corn-based material introduced for biodegradable packaging
    By nhanongen
    Why an independent grocer is holding the line on egg prices
    By nhanongen
  • Meat
    MeatShow More
    Cargill, Foster Farms to close turkey plants as demand wanes
    By nhanongen
    Cargill, Foster Farms to close turkey plants as demand wanes
    By nhanongen
    Smithfield raises 25% less than expected in muted IPO
    By nhanongen
    Egg prices could break more records in 2025
    By nhanongen
    USDA slow to update food safety standards for meat and poultry, watchdog finds
    By nhanongen
  • Agri Products Price
    Agri Products Price
    Update Agri Products Price: Coffee, Pepper, Rice, Durian, Jackfruit
    Show More
    Top News
    Pepper prices on 06/16/2024: Mixed movements
    17/06/2024
    The price of raw Salanganes Nest decreased to 516
    09/07/2024
    Sharp reversal and a significant drop
    28/07/2024
    Latest News
    Coffee prices on June 27, 2025: Market rebounds
    27/06/2025
    Coffee prices on June 26, 2025: Robusta continues to plunge
    26/06/2025
    Coffee prices on June 25, 2025: Market drops sharply
    25/06/2025
    Coffee prices on June 20, 2025: Arabica continues to plunge
    20/06/2025
  • Markets
  • Regulations
Notification Show More
Font ResizerAa
Agriculture News - Mekong FarmerAgriculture News - Mekong Farmer
Font ResizerAa
  • Agri Products Price
  • Meat
  • Markets
  • Mekong Deta
  • Technology
  • Supply Chain
  • Categories
    • Mekong Deta
    • Markets
    • Agri Products Price
    • Meat
    • Technology
    • Supply Chain
  • More Foxiz
    • Blog Index
    • Sitemap
Follow US
Blog > Markets > Vietnam’s tuna industry seeking market diversification
Markets

Vietnam’s tuna industry seeking market diversification

nhanongen
Last updated: 05/06/2025 3:01 PM
By nhanongen
Share
6 Min Read
SHARE



(VAN) Reciprocal tariffs and recent NOAA rulings are presenting substantial obstacles for Vietnamese tuna exporters in the U.S. market. As a result, the industry is actively seeking alternative export destinations.

Vietnamese tuna faces major challenges in the U.S. market. Photo: Son Trang.

Vietnamese tuna faces major challenges in the U.S. market. Photo: Son Trang.

Currently, the United States is the main market for tuna in Vietnam. Tuna exports to the United States totaled USD 388 million in 2024, which accounted for 38% of Vietnam’s total tuna export revenue.

Tuna exports to the United States experienced an increase in the initial four months of the current year. The value increased by 11% year over year, reaching USD 124 million.

Nevertheless, Vietnamese exporters are experiencing an increase in their level of anxiety. In addition to reciprocal tariffs, the industry has received discouraging news from the National Oceanic and Atmospheric Administration (NOAA) under the U.S. Department of Commerce.

NOAA recently issued a preliminary judgment that asserts Vietnam’s marine mammal conservation and management measures are not comparable to those of the United States for 12 fishing methods. Vietnamese seafood, including tuna, will be prohibited from accessing the U.S. market on January 1, 2026, if Vietnam fails to comply with NOAA’s requirements within the designated timeframe.

This ruling, along with tariff uncertainties, is already having an effect on Vietnam’s tuna commerce with the United States. Although exports to this market increased by 15% year-over-year in Q1, the growth rate had slowed to 11% by the end of April.

The tuna sector is actively shifting toward new markets in response to these headwinds. The United Kingdom, Russia, and the Middle East are among the many prospective destinations for increased tuna exports.

Fishermen unload tuna onshore. Photo: Son Trang.

Fishermen unload tuna onshore. Photo: Son Trang.

In 2024, the Middle East was Vietnam’s fourth-largest tuna market, following the U.S., EU, and CPTPP countries, with an export value of nearly USD 113 million. Israel, Lebanon, and Egypt are the primary markets for Vietnamese tuna, which is already widely available in most Middle Eastern countries. Israel is the most notable among them, with tuna exports increasing by 30% in 2024 compared to 2023, accounting for nearly 7% of the total tuna export value.

In addition to Israel, the United Arab Emirates is considered a high-potential market. Ms. Nguyen Thi Van Ha, a tuna market expert from the Vietnam Association of Seafood Exporters and Producers (VASEP), has stated that the Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the UAE has created new export opportunities. CEPA will result in a reduction of import tariffs on Vietnamese tuna products to the UAE to 0% upon its implementation.

Additionally, Russia has shown a heightened interest in Vietnamese tuna. Vietnamese tuna exports to Russia reached roughly USD 45 million in 2024, the highest level in a decade and five times the level in 2020. Exports increased by 15% from the same period in 2024, exceeding USD 10 million in Q1 of this year.

Russia is one of the top 30 tuna importers globally, and its demand has been steadily increasing. Vietnam and Russia are in the process of laying the groundwork for further market expansion through bilateral initiatives aimed at reducing trade barriers.

Also promising is the United Kingdom, particularly in light of its participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Vietnam’s tuna exports to the United Kingdom have been consistently increasing since 2021, despite modest current export volumes.

The UK-Vietnam Free Trade Agreement (UKVFTA) was the governing framework for Vietnamese tuna exports to the UK market prior to the UK’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). In this agreement, only 11,500 tonnes of Vietnamese tuna products were eligible for a 0% preferential tariff.

Nevertheless, Vietnam’s processed and canned tuna exports to member countries are benefiting from a progressive reduction in tariffs from 20% to 0% over a seven-year period as a result of the CPTPP. By December 2024, the United Kingdom’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to further enhance the market access of Vietnamese tuna in the years ahead.

Vietnamese tuna is not the only product facing headwinds in the U.S. market. Other key agricultural and wood-based exports are also grappling with reciprocal tariffs tied to trade disputes and environmental standards.

For instance, wood manufacturers are urgently seeking legal clarity and new certifications to maintain access to the U.S., while rice exporters are taking advantage of temporary supply gaps. The government and business associations are calling for more targeted trade diplomacy and deeper cooperation under existing FTAs to address this broader challenge.



Agriculture News | Agri Products Price

- Advertisement -
Share This Article
Facebook Twitter Copy Link Print

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
The difficulty of durian farmers in the West

Durian prices decreased deeply, many Western farmers were in a difficult position…

The US Embassy in Vietnam aims to elevate ‘fruit diplomacy’

The concept of 'fruit diplomacy' between Vietnam and the United States…

Cooperative’s organic pepper sells at VND 15 million/kg

(VAN) After efforts for certifications, Bau May pepper products are priced…

- Advertisement -

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

Markets

Passion fruit & chili: Strengthening post-inspection measures

By nhanongen
Markets

Are USDA’s acreage and stocks numbers too high?

By nhanongen
Markets

As Japan warms, avocados emerge as an unlikely savior for farmers

By nhanongen
Markets

Developing a value chain for exporting red tilapia farming

By nhanongen
Facebook Twitter Youtube
Giá cả nông sản
Mekong Delta News
Agriculture News
Agri Products Price
Categories
  • Home
  • Technology
  • Mekong Deta
  • Supply Chain
  • Meat
  • Agri Products Price
  • Markets
  • Regulations
Nhà Nông Miền Tây
  • Giá cà phê hôm nay
  • Giá lúa gạo hôm nay
  • Giá mít ruột đỏ hôm nay
  • Giá mít thái hôm nay
  • Giá phân bón hôm nay
  • Giá sầu riêng hôm nay
  • Giá tiêu hôm nay
  • Giá xoài hôm nay
  • Giá thuốc bảo vệ thực vật
  • Giá heo hơi hôm nay
Italy Highlights
  • Italy Highlights
  • Italy Attractions
  • Travel to Italy
  • Italy Food
  • Trip Ideas in Italy
  • Real Estate in Italy
  • Crypto News
  • Finances News
  • Investing News
  • Economic News
Architecture Concept
  • Architecture Concept
  • Interior Design
  • Landscape Design
  • Bath Products
  • Kitchen Products
  • Home Renovating
  • Architecture Project
  • Lighting Design
  • Mekong Farmer
  • Mekong News
Thị trường nông sản

© 2024 Mekong Farmer
– Agriculture News.
A member of Nhanongmientay.com

© 2024 Mekong Farmer - Agriculture News
Welcome Back!

Sign in to your account

Lost your password?