December 7, 2018 — The tariff conflict between the United States and China has enabled Vietnam and other tuna exporters to increase shipments to the United States and this trend is expected to continue in the coming months, Vietnam Association of Seafood Exporters and Producers (VASEP) said in a statement last week.
In October, Vietnam exported tuna worth USD 26 million (EUR 22.9 million) to the United States, soaring 35 percent from the same month in 2017 and up 36.8 percent month-on-month. The rise in October was reached following continuous declines in the previous months. And it was made when U.S. importers suspended cargoes from China due to higher duties, said VASEP.
The value of tuna exports from Vietnam to the United States in the first 10 months stood at USD 183 million (EUR 161.2 million), down nearly 3 percent from the same period last year.