Trade performance
Summary of the Port of Melbourne’s trade performance in 2018-19
Cargo type | Throughput 2018-19 | % change on 2017-18 |
---|---|---|
Total trade | 97.1 million revenue tonnes | +2.2% |
Containers (TEU) | 3.02 million TEU | +3.1% |
New motor vehicles | 4.5 million revenue tonnes (312,446 units) | -10.0% |
Liquid bulk | 6.5 million revenue tonnes | +4.4% |
Dry bulk | 4.0 million revenue tonnes | -19.1% |
Breakbulk | 8.0 million revenue tonnes | -5.1% |
More detail for 2018-19
Total trade
Total trade
Total trade through the Port of Melbourne increased by 2.2% over the previous financial year to 97.1 million revenue tonnes. Total imports increased 1.9% to 55.9 million revenue tonnes and total exports increased by 2.6% to 41.3 million revenue tonnes.
Overseas imports increased 1.7% to 44.7 million revenue tonnes and overseas exports increased by 3.0% to 30.9 million revenue tonnes.
Coastal imports increased by 2.7% to 11.1 million revenue tonnes while coastal exports gained 1.6% to 10.4 million revenue tonnes.
Container trade
Total container throughput exceeded 3 million TEU for the first time in a financial year, increasing 3.1% over 2017-18 to a total of 3.02 million TEU. Full container imports increased 2.2% while full container exports declined 5.7% as drought conditions impacted on several agricultural commodities. Empty container movements increased by 19.0% to 727,000 TEU.
New motor vehicles
New motor vehicle trade declined 10.0% in 2018-19 to 4.5 million tonnes, which equated to 312,446 units. Imports decreased 7.4% and exports decreased 32.9% following the first full financial year of trade after the closure of Toyota’s Altona manufacturing plant in October 2017.
Liquid bulk
Liquid bulk increased 4.4% to 6.5 million revenue tonnes (5.4 million mass tonnes). Together crude oil and petroleum product imports accounted for 85% of the total 2018-19 liquid bulk trade with crude oil the main commodity responsible for the annual gain.
Dry bulk
Dry bulk trade decreased 19.1% to 4.0 million revenue tonnes (4.0 million mass tonnes). Exports were entirely responsible for the annual decline with grain shipments down 94.3%. Imports increased 6.4% to 4.0 million revenue tonnes due to higher volumes of cement and gypsum along with several shipments of drought relief grain and stock feed.
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