Exports drive Port Botany container growth

“Countries such as China, New Zealand, Japan and the United States continue to be the main consumers of these local products,” said Sydney Ports Corporation CEO, Grant Gilfillan.

Despite the global economic downturn, total container trade through Port Botany reached a record 1.78m teus, up 0.3% compared to the previous financial year. This included a record monthly throughput of 168,000 teus in November 2008.

The depreciation of the Australian dollar in the first half of the financial year also improved the competitive position of businesses in New South Wales, which in turn has contributed to the growth in exports.