Association of Southeast Asian Nations, currently the 4th largest importer of tuna in the world, is increasing the purchase of the product. In the first decade of last year, ASEAN countries delivered tunny-fish products worth $1.3 billion, up 25% exceeds the same period of 2015.
After a decline in the 1st quarter of 2016, the supply of this fish in ASEAN in the next few months began to show rapid growth. The main supplier of tuna in these countries is Taiwan, for the first ten months of last year, increased exports by 19.5% in value to $226,902 million; second place was taken by the Papua-New Guinea increased its income from tuna supplies by 120.9% to $173,638 million. The third is China, which in the period from January to October of last year brought in ASEAN countries fish in the amount of $148.254 million, which is 12.9% higher than the same period last year. The largest importers of tuna in the Association of Southeast Asian Nations bloc are Thailand, and Malaysia. The deliveries of tunny-fish to Thailand for the first 10 months of last year grew by 24.8%, while the Philippines have increased purchases of only 0.1%. Meanwhile, imports of fish in Malaysia from January to October 2016 decreased by an annualized rate of 8.1%.
Vietnam currently occupies 11th place in the list of the main suppliers of fish in the Asian market, while the unit is in the third largest export market for Vietnamese tuna. In January-November 2016 the value of Vietnamese exports reached $41 million, an increase of 16% year on year and accounting for 8.9% of the total value of exports of tuna from Vietnam. The largest Vietnamese fish market in the ASEAN block is Thailand, contracting, mainly processed products. In turn, the major importer of fresh /live /frozen tuna from Vietnam is the Philippines. According to representatives of the VASEP, in 2017 the national tunny-fish suppliers will increase both volumes of deliveries of these products to the Asian market, and revenues from sales.
About 80 thousand tons of this valuable fish are exported each year, and annual revenues are approaching $500 million. Vietnam has managed to become the 2nd exporter in the United States. Here is delivered a high-quality yellowfin tuna. Despite the crises of recent years, Vietnamese suppliers have found 14 new markets.
The major tuna buyers are the United States, European Union, ASEAN, and Japan. At the same time, Vietnam is constantly increasing the proportion of processed fish and reduces the proportion of fresh and fresh-frozen.