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EU Sourced 70 per cent of Tuna Export Value of Bidifisco

13 December 2013

VIET NAM - Through October 2013, Bidifisco exported $29.5 million of seafood products.

Sixty per cent per cent of which was tuna and the rest was other marine fish products. The company’s frozen tuna products were shipped to the US and EU markets. In which, the EU consumed 70 per cent of export volume, reports VASEP.

This year, Bidifisco expected to reach $33 million of total seafood exports, increasing by three per cent from 2012 and fulfilling its yearly target.

Fishing boats from central provinces of Viet Nam have been tied in shore due to bad weather, meaning there has currently been lack of raw tuna and marine fishes in the domestic market. Therefore, Binh Dinh Fishery Joint Stock Company (Bidifisco) only processed products from imported source for inventory.

Among three fishing provinces in the centre coastal area, Binh Dinh has the largest number of fishing boats, which provide a huge fish catch. Over recent years, handline fishing using lights have been popular in Viet Nam's tuna fishing sector. It is noted that this method helps fishermen to reach an effective-cost and high fish volume.

However, the 2013 tuna production will be 30 – 40 per cent lower than that recorded in 2012. It is more difficult to catch tuna, as the fish are familiar with the old method. Bidifisco said that imported raw material made up of 60 per cent of total exports. 

TheFishSite News Desk

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