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Sydney Ports records export increase

Sydney Ports records export increase article image
Sydney Ports has recorded its eighth consecutive rise in export container trade, increasing by 14.9 percent in the 2008/09 financial year. "The higher exports of timber, cereals, machinery and transport equipment have been the primary drivers of the growth," said Grant Gilfillan, CEO of Sydney Ports Corporation. "Cereal exports continue to grow strongly as a result of favourable growing conditions in the North West and Central West regions of [New South Wales], up 54.6 percent on last year." He said timber exports showed growth of more than 70 percent, with demand from China being a significant factor. "Countries such as China, New Zealand, Japan and the United States continue to be the main consumers of these local products," Gilfillan noted. Top 3 exports:
  1. Timber up 71.3 percent
  2. Cereals (including wheat and barley) up 54.6 percent
  3. Machinery and transport equipment up 24.3 percent

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