Port of Melbourne Trade Update – February 23

February 2023 container volumes decrease on the prior year

To download a PDF of this update click here.

Total container throughput (full & empty) for February 2023 were down 18.4% over February 2022 with a total of 219,606 TEU.  Year to date container volumes are consistent with prior year.

Full overseas imports were down 28.9% on February 2022 with miscellaneous manufactures, furniture, metal manufactures, domestic appliances, textiles, and paperboard, all below last year’s levels.

Full overseas exports were down 4.4% on February 2022, with hay & fodder, pulp & wastepaper, and dried milk all below last year’s levels.

Total empty container movements were 21.1% below February 2022.

February 2023 trade performance compared with February 2022 was as follows:

Full overseas container imports (excl. transshipments)-28.9% below February 2022-3.2% below FYTD22
Full overseas container exports (excl. transshipments)-4.4% below February 2022-2.3% below FYTD22
Total empty containers moved-21.1% below February 2022+6.2% above FYTD22
Bass Strait full container trade (excl. transshipments)-5.0% below February 2022-2.3% below FYTD22
Full container transshipments39.2% above February 202215.3% above FYTD22
Dry bulk trade-8.3% below February 2022-3.3% below FYTD22
Break bulk trade-36.8% below February 2022-0.5% below FYTD22
Liquid bulk trade-16.2% below February 2022+4.4% above FYTD22
Motor vehicle imports-1.3% below February 2022 (+1,269 units)

Trade outlook

Container trade for March 2023 is tracking below the comparative month in 2022.