Vietnam’s exporters advised to expand tuna exports to Middle East
Friday, October 19,2018
AsemconnectVietnam - The Middle East is currently the best selection for Vietnamese exporters of canned tuna to expand market in the context that the consumption demand in such traditional markets as the US and the EU are experiencing a slowdown, the Vietnam Association of Seafood Exporters and Producers (VASEP) said.
Currently, the Middle East market buys about 16 million tuna cans, or 200,000 tonnes, from other countries. In the region, Egypt, Arab Saudi and Israel are the three largest importers of tuna, accounting for 21 percent, 19 percent and 11 percent of the market share, respectively.
According to VASEP, among 14 Middle East nations, Israel and Egypt are the two biggest buyers of Vietnamese tuna.
Vietnam’s tuna export revenue is expected to reach the target of 500 million USD in 2018, as the turnover already hit 351 million USD in the first seven months of this year.
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