Bovine Exports Generate $178 Million in Six Months

...

Bovine Exports Generate $178 Million in Six Months

Myanmar Business Today, 07 Nov 2018

URL: HTTPS://WWW.MMBIZTODAY.COM/ARTICLES/BOVINE-EXPORTS-GENERATE-178-MILLION-SIX-MONTHS
During the transitional Fiscal Year, which ran from April 1, 2018 to September 30, 2018, live bovine exports generated around $178 million for the six month Fiscal Year. $25 million came from buffalo exports, and another $138 million from cattle (cow and oxen), according to the data from the Ministry of Commerce.

Bovine can include domestic cattle, bison, African buffalo, the water buffalo, the yak, and the four-horned and spiral-horned antelopes.

“We had an order for half a million cattle, but we can’t export that much since we need to use them for our own farming,’’ U Khin Maung Lwin, Deputy Permanent Sec-retary of the Ministry of Commerce, told Myanmar Business Today.

Additionally, exports for animal products has generated up to $15 million in last six months.

Government banned live cattle and buffalo exports, including transporting live cattle internally in accordance with Essential Goods and Services Law (2012). However the Ministry of Commerce recently lifted the band to allowed live bovine exports (buffalo and cattle) starting from October 9, 2017.

Myanmar’s live cattle and buffalo exports mainly go to China, and a few to Thailand and Bangladesh.

The Ministry of Commerce allows the exports only after the animals have received a health certificate at the health examination lab at Muse near Myanmar-China border form the Livestock Breeding and Veterinary Department. The department will issue a health declaration for the animals, which enable traders to obtain an export permit from the ministry.

“This is to make sure consumers have safe food. The Government lifted this ban re-cently because it reasoned that the ban led to illegal exports. If live cattle and buffalo are listed as an acceptable item for export, then it creates a new market within Myan-mar, but also protect buyers and consumers from illegal trade that may be unhealthy.’’ he added.