Thailand exported 221,092 tonnes of canned tuna in the first five months of 2024 with a value of 978.58 million USD, up 19.39% in volume and 13.40% in value compared to the same period last year. Thailand tops world’s canned tuna exports (Photo: bangkokpost.com)Bangkok (VNA) – Thailand exported 221,092 tonnes of canned tuna in the first five months of 2024 with a value of 978.58 million USD, up 19.39% in volume and 13.40% in value compared to the same period last year. Besides, by-product from canned tuna production is used as a raw material in the production of pet food. In 2023, the top five canned tuna export markets for Thailand were the US with a value of 482 million USD, accounting for 23.1% of the total, Japan at 257 million USD (12.3%), Australia at 172.68 million USSD (8.27%), Libya at 150 million USD (7.2%), and Saudi Arabia 137.92 million USD (6.61%). Supporting factors for the surge of Thai canned tuna exports this year are lower costs for raw tuna, growing demand for halal food, and geopolitical risks, which have led to higher product stocks, according to TPSO.

Source: Bangkok Post July 01, 2024 14:50 UTC