More Botany growth as container trade booms


Sydney Ports has recorded its seventh consecutive year of growth in container trade

Sydney Ports has recorded its seventh consecutive year of growth in container trade, the State Government reports.

Container trade increased by 9.8 percent compared to the last financial year, totalling over 1.778 million TEUs.

Goods imported in containers increased by 11 percent over last year and exports grew by 4.2 percent.

Commodities such as manufactured products, machinery and transport equipment and chemicals contributed to the increase in imports, primarily from China, the 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 percent higher than last year.

While trade in containerised goods is increasing, so is that of bulk liquids and gases. This trade increased by 18.1 percent over last year.

Ports Minister Joe Tripodi says 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," he says.

"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."

You can also follow our updates by joining our LinkedIn group or liking us on Facebook