Wednesday 19th Sep, 2018

Melbourne trade grows during July

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Shutterstock

TRADE through the Port of Melbourne for July 2018 saw a 9% increase (8.46m revenue tonnes) on July 2017.

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According to Port management, all cargo types recorded rises, with the exception of dry bulk.

Dry bulk falls described as a direct result of lower grain exports with the financial year 2018 harvest seen as being closer to average volumes compared with the 2017 bumper crop.

Total container throughput for July rose 9.1% over July 2017 to a total of 255,153 TEU, with total imports for the month up 6.9% and total exports rising 11.4%.

Full container imports for July were 7.3% up on the same month last year.

At a sector level, overseas imports gained 6.8% for the month; imports from Tasmania were up 18%.

Commodities most responsible for the monthly increase in containerised imports included:

  • electrical machinery 31%
  • miscellaneous manufactures 13%
  • timber 37%
  • furniture 12%
  • aluminium 52%
  • miscellaneous food preparations 12%
  • ceramic goods 22%

Full import containers for July 2018 came to 115,690, up 7.3% on July 2017 while full export containers were 79,693, down – 3.7%.

The number of empties was up 38% to 59,770.

These three figures contributed to a grand total of 255,153, or up 9.1%.

After two consecutive months of decline in May and June, liquid bulk trade were reported to have returned to positive territory in July with a 7.7% increase from July 2017.

Motor vehicle trade in total for July recorded a 5.5% increase over the equivalent month last year. Transport equipment imports (commercial vehicles) were the main contributor to the monthly result; increasing 44.5% (+2,371 units) while imports of new passenger vehicles were up 6.7% (+841 units).





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