Buoyed by increased exports and imports, Port Botany’s container volumes reached over 159,000 TEU in January 2010, an increase of 10.7% on the same month last year.
January 2010 was the fourth consecutive monthly record in Sydney Ports’ container trade history. It builds on the strong figures for the first seven months of the 2009/10 financial year. Trade performance for the YTD January 2009/10 was 1.153 million TEU, up 2.1% on the same period last year.
Full containerised exports grew by 4.8% in January 2010 compared with the same period last year, demonstrating that the Australian economy – unlike other areas of the developed world which experienced severe recession – escaped relatively unscathed from the global financial crisis.
Key export commodity growth has come from paper products (up 36.5%) chemicals (up 14.7%) and demand for local timber products remained strong (up 39.6%).
Full imports for January 2010, were 78,831 TEU, up 7.8% on the same period last year.
The key commodities with the highest growth:
Textile fabric up, benefiting from a tariff reduction at the start of the month (44.4%).
Chemicals up (16.4%).
Paper products such as books, napkins, office paper and magazines up (23.9%).
Non-metallic minerals such as float glass, ceramic tiles and glassware up (60%).
Total full container imports for YTD January 2009/10 reached 574,800 TEU, up 2.1% on the corresponding period last year.
The leading import regions were dominated by East Asia (47%), South East Asia (15%) and Europe (14%), which combined accounted for 76% of total trade.
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