Sydney Ports has recorded its seventh consecutive year of growth in container trade, Minister for Ports and Waterways Joe Tripodi says.
“This is excellent news for the state. Sydney has a reputation for state-of-the-art ports and this will trade will grow even further with the $1 billion Port Botany Expansion,” Tripodi says.
“Container trade increased by 9.8 per cent compared to the last financial year and totalled over 1.778 million TEUs*.
“Goods imported in containers increased by 11 per cent over last year and exports grew by 4.2 per cent.”
Commodities such as manufactured products, machinery and transport equipment and chemicals contributed to the increase in imports with the main countries these came from being China, United States and New Zealand.
Exports to countries such as China, New Zealand and Indonesia of commodities like chemicals, machinery and transport equipment has maintained export growth despite a decline in agriculture products such as cotton.
Total trade through Sydney’s ports was 29.2 million mass tonnes, 5.0 per cent higher than last year.
“While trade in containerised goods is increasing, so is that of bulk liquids and gases,” Tripodi says.
“This trade increased by 18.1 per cent over last year.”
“The future of trade through Sydney’s Ports is in containerised trade and bulk liquids, which is why we have started construction of a 5-berth expansion of Port Botany and have approved plans for a new bulk liquids berth to cater for this growth.”