23/09/2020 09:43 GMT+7 Email Print Like 0

Tuna exports to EU surging

Turnover of Vietnamese tuna exported to the EU has increased in the double digits since the EU-Vietnam Free Trade Agreement (EVFTA) took effect at the beginning of August.

Turnover from  Vietnamese tuna exports to the EU has increased in the double digits since the EU-Vietnam Free Trade Agreement (EVFTA) took effect (Source: tongcucthuysan.gov.vn)
 

Figures from the General Department of Vietnam Customs show that, in the first half of the month, tuna exports to the EU rose 11 percent month-on-month and 65 percent year-on-year, raking in nearly 6.3 million USD.

New orders are primarily for frozen products and oil-poached tuna, which enjoy zero tariffs or are within tariff exemption quotas.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the remarkable growth posted over the last two months indicates that the tariff preferences provided by the EVFTA have created conditions in which Vietnam’s tuna products can boom./.
VNA/VNP