Freight & Trade Alliance (FTA) and Australian Peak Shippers Association (APSA) would like to draw members' attention to a significant new report from Ports Australia.
The State of Trade report released today, 9 September 2024, provides an unprecedented look at the critical role that Australian ports play in supporting our nation's economy, workforce, and global trade.
Key highlights :
- Australian ports are responsible for 99% of Australia's international trade, handling an impressive $650 billion worth of goods annually.
- Nearly 700,000 jobs across the country are facilitated by port operations, contributing approximately $264 billion to the economy.
- Ports handle 1.6 billion tonnes of trade volume and support 1.25 million cruise passengers annually.
- Major industries such as mining, energy, construction, and tourism rely heavily on the efficient functioning of our ports, which are now revealed as a cornerstone of our economic and supply chain security.
Download the Full Report
As key stakeholders in Australia's trade and logistics industries, we encourage all FTA/APSA members to review the State of Trade report to better understand the pivotal role ports play in the success of our businesses and the broader economy.
Tom Jensen - Head of International Freight & Logistics FTA | APSA
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