Vietnam tuna export has gained optimistic signs as the production shows growth. The data from the General Department of Vietnam Customs states that in October 2011 tuna exports reached US$314 million, a year-on-year increase of 28.6 percent. In the past ten months of 2011 Vietnam has entered 87 new markets to meet the growing demand of the international consumers.
Globally most of the countries are proposing the reduction in quotas for catching tuna to preserve fish stocks in the future. The U.S. is still the main consumer of Vietnam tuna, making up 46 percent of total exports. Vietnam tuna exports to the market in the past ten months were US$144.7 million. So far, Vietnam tuna has been shipped to 21 countries of the EU block in which Germany, Italy and Belgium are three biggest consumers.
In the last months of 2011, tuna export to Japan has remarkable growth since tsunami. So far, the growth rate in tuna exports to Japan reached the highest of 82.3 percent (equal to US$36.6 million). Apart from three above destinations, Switzerland is also a potential market for Vietnam tuna products.