Overall live cattle exports rose 22% year-on-year in August to 54,650 head, with exports to Vietnam rising 224% year-on-year to 13,947 head.
Cattle exports to Vietnam have been well above 2022 levels this year, and since April, Vietnam has consistently been the second-largest market for Australian live cattle.
So far in 2023, live cattle exports have been strong compared to 2022 but still below historic averages. In 2022, the number of cattle available for export was limited as the herd rebuild was in full swing and retention on farm was very high.
This is shifting as the herd rebuild matures and the number of available cattle rises. Growth in live export numbers shows that demand for our cattle is solid and that subject to continued market access, exports can rebound as numbers increase.
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