Summary of the Port of Melbourne’s trade performance in 2017-18
|Cargo type||Throughout 2017-18||% change on 2016-17|
|Total trade||95.0 million revenue tonnes||+8.5%|
|Containers (TEU)||2.93 million TEU||+8.6%|
|New motor vehicles||4.9 million revenue tonnes
|Liquid bulk||6.2 million revenue tonnes||-0.5%|
|Dry bulk||5.0 million revenue tonnes||+7.8%|
|Breakbulk||8.4 million revenue tonnes||+10.8%|
More detail for 2017-18
Total trade through the Port of Melbourne increased by 8.5% over the previous financial year to 95.0 million revenue tonnes. Total imports increased 9.7% to 54.8 million revenue tones and total exports increased by 6.9% to 40.2 million revenue tonnes.
Overseas imports increased 9.9% to 44.0 million revenue tonnes and overseas exports increased by 6.5% to 30.0 million revenue tonnes.
Coastal imports increased by 9.3% to 10.8 million revenue tonnes while coastal exports gained 8.0% to 10.2 million revenue tonnes.
Total container throughput recorded its fastest growth rate since 2004-05, increasing by 8.6% to 2.93 million TEU. Full container imports increased 8.5% and full container exports gained 7.6%. Empty container movements increased by 10.5% to 611,000 TEU.
New motor vehicles
New motor vehicle trade declined 2.1% in 2017-18 to 4.9 million tonnes, which equated to 355,503 units. Imports increased 9.3% while exports decreased 49.3% following the closure of Toyota’s Altona manufacturing plant in October 2017.
Liquid bulk trade was almost static in 2017-18, decreasing just 0.5% to 6.3 million revenue tonnes (5.1 million mass tonnes).
Dry bulk trade increased 7.8% to 5.0 million revenue tonnes (4.7 million mass tonnes). Imports increased 12.5% to 3.7 million revenue tonnes due to higher volumes of cement, sugar and crude fertilizers & minerals (slag and fly ash), while exports declined 4.1% to 1.3 million tonnes.