According to recent data from Meat and Livestock Australia, live cattle exports in Australia have increased by 79 percent on last year.
With an export figure of 1.13 million cattle valued at $1.05 billion, the 2013-14 financial year represents the highest fiscal year volume on record, The Weekly Times reports.
According to the MLA, Australia’s largest export market was Indonesia who purchased a total of 624,749 cattle – double the amount of the previous financial year.
Vietnam represented Australia’s second largest market at 131,367 head of cattle, eight times greater than the previous year.
When it comes to live sheep exports, the total number was down by two percent, representing 2.02 million at the value of $185 million.
Kuwait was the biggest buyer, purchasing 758,944 sheep – up nine percent of the year prior, while shipments to Bahrain increased by 61 percent to a total of 100,225 sheep.
Goat sales for the period were on the up representing a 33 percent increase on the 2012-13 financial year representing a total of 81,650 goats and valued at $9.9 million. Malaysia was the larger customer taking 61,145 goats, followed by Singapore at 17,855.