China's share of the Vietnamese basa fish market has fallen to 25%, with the CPTPP and South America emerging as new growth areas.

In the first eight months of 2025, Vietnam's basa fish export total reached $1.4 billion, a 10% increase year-on-year. Frozen fish fillets remain the mainstay, with exports exceeding $1.1 billion, a 11% increase year-on-year; while deep-processed products performed even more impressively, with exports reaching $36 million, a 32% increase year-on-year, showing that the industry is accelerating its transformation towards higher value-added products. China's demand declines, market share drops to 25% For a long time, China and Hong Kong have been Vietnam's largest buyers of basa fish. However, in the first eight months of this year, exports to China and Hong Kong amounted to only $357 million, a 4% decrease year-on-year, and the share of total exports also dropped to 25%. In August alone, exports continued to decline by 4%, and industry insiders pointed out that the tightening of China's market policies and increased competition are important reasons for the slowdown in demand. CPTPP ...