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due to inflation.
Exports in November were about $76 million, up just 4%
from the same period in 2021.
Taking the US market as an example, after reaching its peak in April, Vietnam's tuna exports to the US have declined month by month, falling 6% year-on-year in October to only US$31 million
.
For example, emerging markets such as Egypt, Mexico, the Philippines, and Chile have also seen a decline
in tuna imports from Vietnam.
The association predicts that although the inflation rate in the United States and other countries has decreased slightly, it is still at a historical high in the past 40 years, so it will have a restraining effect on the purchasing power of each market and is not conducive to the high growth rate of tuna exports
.
.
For example, emerging markets such as Egypt, Mexico, the Philippines, and Chile have also seen a decline
in tuna imports from Vietnam.
The association predicts that although the inflation rate in the United States and other countries has decreased slightly, it is still at a historical high in the past 40 years, so it will have a restraining effect on the purchasing power of each market and is not conducive to the high growth rate of tuna exports
.
