2024 economic impact study

State of Trade

Celebrating the vital role of Australia's ports

AT A GLANCE
Australia's ports see around 31,000 vessels each year and facilitate...

1.6bn
tonnes of trade
$650bn
annual trade value
694,000
jobs across Australia
Ports move 99% of Australia's international trade by volume, contributing $264 billion annually to Gross State Product (GSP). As a primary driver of our economy and workforce, Australia’s ports are vital.

As well as facilitating international trade and the movement of goods throughout the region, our ports are strategic assets and critical infrastructure.
EXPLORE THE FULL REPORT

The Economic Impact of Ports

Australian ports contribute $264bn to Gross State Product (GSP) annually. When imports and exports are combined, ports move 1.6bn tonnes of goods/commodities worth $650bn in the span of one year.

IMPORT/EXPORT BREAKDOWN:
$255 billion
Annual Value of IMPORT trade.

97+ million tonnes
Annual Volume of IMPORT trade.

$395 billion
Annual Value of EXPORT trade.

1.5+ billion tonnes
Annual Volume of EXPORT trade.

Supporting Australia's Workforce


More than 694,000 jobs across Australia are facilitated by ports.
That's around 1 in 20 Australian jobs.

In the past 5 years, Ports Australia member ports have:


• Increased permanent employees by over 17%.
• Doubled the number of trainee roles.
• Reduced average reportable incidents by 36%.
• Invested $3.8bn into capital expenditure.
• Spent $9.6bn in operational expenditure.


The contribution of Australia's ports to employment:

251,000+ jobs in QLD
203,000+ jobs in WA
108,000+ jobs in NSW
88,000+ jobs in VIC
24,000+ jobs in SA
10,000+ jobs in NT
8,000+ jobs in TAS



State-by-State Activity

New South Wales

34% of Australia's seabourne imports by value
$127+ billion annual international trade value
$26+ billion annual contribution to GSP


Northern Territory

18% of Australia's metal and mineral exports by volume (excl. iron ore)
$13.6+ billion annual international trade value
$9.1+ billion annual contribution to GSP

Queensland

20% of Australia's seabourne international trade by volume and value
$128+ billion annual international trade value
$81+ billion annual contribution to GSP

South Australia

14% of Australia's agriculture and food trade by volume
$22+ billion annual international trade value
$4.5+ billion annual contribution to GSP

Tasmania

9.8 million tonnes of annual coastal trade volume
$2.5+ billion annual international trade value
$2.3+ billion annual contribution to GSP

Victoria

33% of Australia's imported and exported shipping containers
$111+ billion annual international trade value
$16+ billion annual contribution to GSP

Western Australia

62% of Australia's total international trade by volume
$233+ billion annual international trade value
$123+ billion annual contribution to GSP

Investing in Community

Ports are a vital part of our local communities, not just as a major employer but as a key investor.

$18.6m

Annual spend on Environmental Management

$14.9m

Annual spend on Community Grants and Initiatives

$8.9m

Annual spend on Training and Development

A key player in Australia's economy

Profile: Melody Thornton, Pilbara Minerals

Our ports facilitate over 95,000 jobs in the mining sector. Meet Melody Thornton from Pilbara Minerals.

The export and sales of Pilbara Minerals’ spodumene concentrate, a lithium-bearing raw material, is managed by Melody Thornton, Group Manager Sales and Shipping, from the Company’s head office in West Perth.

With a background in international trade of bulk commodities, such as grains, copper concentrate, lead concentrate and iron ore, Melody leads the team responsible for managing Pilbara Minerals’ sales as well as chartering and shipping operations to enable the delivery of the Company’s product to customers around the world.

The Sales and Shipping Team is a key point of contact for Pilbara Minerals’ customers and works closely with site operations and externally with the Pilbara Ports Authority, shipping agents, ship brokers, surveyors, laboratories and banks.

Pilbara Minerals exports spodumene concentrate from the port of Port Hedland, located approximately 140 kilometres from the Pilgangoora Operation in the Pilbara, and ideally situated in close proximity to Asia. Spodumene is a vital raw material in the rapidly developing global lithium supply chain.

Pilbara Minerals primarily exports to ports located in the Yangtze River in China, where battery technology companies convert the spodumene concentrate into a lithium compound for use in clean energy technology such as electric vehicles

Aussie grains around the globe

Profile: Renee Anderson, QLD grain farmer

Around 70% of Australia's grain is exported. Meet Renee Anderson, a grower from Central Queensland.

Australia’s grain industry plays a crucial role in the global food supply chain, with a significant majority of the country’s grain being exported to meet international demand.

Farming communities across Australia are not only essential to the national economy but also pivotal to the global workforce.

Renee Anderson, is a grain, pulse, and cotton grower from Central Queensland, and is deeply passionate about advancing sustainable farming practices that support thriving regional communities.

Renee recognises that the hard work and dedication of growers have a meaningful impact both locally and internationally.

Through their efforts, they contribute to global food security and enable economic growth within Australia.

Supporting local community

Profile: Port of Melbourne

Port of Melbourne fosters a shared city-port vision and our commitment to the community goes well beyond the Port gate. We actively partner with not-for-profit organisations in the communities in which we operate. In FY24, Port of Melbourne contributed $219,000 to our community partners, including Foodbank, Australia's largest hunger relief charity.

Port of Melbourne's partnership with Foodbank began in 2018 and together they have since provided more than 2 million meals to Victorians in need.

Port of Melbourne supports five other community partners, namely, The Mission to Seafarers, Stella Maris, Williamstown Football Club, Williamstown Surf Life Saving Club, and Melbourne Maritime Heritage Network.

Surfing, sailing and schools

Profile: NSW Ports

With sites at Port Botany, Port Kembla, Enfield and Cooks River, NSW Ports works closely with local community groups to help build and contribute to strong, inclusive, thriving neighbourhoods around its operations.

Since launching in 2021, the NSW Ports Community Grants Program has supported more than 60 grassroots projects and programs, awarding more than $650,000 in one-off grants to community groups, not-for-profit organisations and schools. Initiatives supported include: surfing clinics for children with autism; new equipment for a local First Nations ranger program; new equipment for a sailing program for people with a disability; and numerous yarning circles and biodiversity gardens for local schools.

NSW Ports is also an ongoing supporter of Conservation Volunteers Australia, Living Classrooms, Maroubra SLSC, South Maroubra SLSC, Port Kembla SLSC, Mission to Seafarers and Wayfinder: Supply Chain Careers for Women.

Find out more

The Inaugural State of Trade report is a key indicator of Australia’s economic health and regional reputation.

This report highlights the crucial role of ports and Ports Australia in driving our nation’s progress.
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