09:46 | 20/08/2015 Trade
Vietnam was the second largest live cattle importer of Australia last fiscal year with 309,505 heads exported, up 136 percent, according to the Australian Association of Exporters of Live Cattle and Meat on August 15.
Illustrative image (Source: VNA)
During the period, Australia exported 1.38 million heads of cattle total, up an annual 22 percent, and brought home 1.04 billion USD – a 29 percent rise.
Indonesia continues to be the largest importer with 746,193 heads last year, representing a 20 percent increase.
Statistics showed that roughly 2.2 million live sheep worth 181 million USD were shipped abroad, marking respective rises of 9 percent and 32 percent in quantity and value. Its major market is the Middle East, which accounts for 97 percent.
The association said the live cattle export industry is seeking new markets and increased productivity./.