Maritime Australian Sea Freight 2023–24 August 2025 Bureau of Infrastructure and Transport ResearchEconomics Statistical report Australian sea freight2023–24 Department of Infrastructure,Transport,Regional Development,Communications, Sportand the Arts © Commonwealth of Australia 2025ISSN 1440-9585ISBN978-1-922879-84-4Cover photo: Port of Melbourne, Australia. Getty Images–Monica Bertolazzi. Ownership of intellectual property rights in this publication Unless otherwise noted, copyright (and any other intellectual property rights, if any) in thispublication is owned by theCommonwealth of Australia (referred to below as theCommonwealth). Disclaimer The material contained in this publication is made available on the understanding that theCommonwealth is notproviding professional advice, and that users exercise theirown skill andcare with respect to its use, and seekindependent advice if necessary. The Commonwealth makes no representations or warranties as to the contents or accuracy ofthe information containedin this publication. To the extent permitted by law,theCommonwealth disclaims liability to any person or organisation inrespect of anything done, oromitted to be done, in reliance upon information contained in this publication. With the exception of (a) the Coat of Arms; (b) the Department of Infrastructure, Transport,Regional Development, Communications, Sportand the Arts photos and graphics; (c) datasourced from Lloyd’s List Intelligence, copyright in this publication is licensed under a CreativeCommons Attribution 3.0 Australia Licence. Use of Lloyd’s List Intelligence data Specific permission from Lloyd’s List Intelligence is required before re-publication or furtherdistribution of the copyrighted Lloyd’s List Intelligence data included within this document.Please contactmaritime_stats@infrastructure.gov.auto obtain this permission. Use of the Coat of Arms The Department of the Prime Minister and Cabinet(PM&C)sets the terms under which theCoat of Arms is used. Please refer totheCommonwealth Coat of Arms Information andGuidelines | PM&C. Contact us This publication is availableinPDF format. All otherrights are reserved, including in relation toanydepartmentallogos or trademarks which may exist. For enquiries regarding the licence andany use of this publication,please contact: Bureau of Infrastructure and Transport Research Economics (BITRE)Department of Infrastructure, Transport, Regional Development, Communications, Sportandthe ArtsGPO Box 501, Canberra ACT 2601, AustraliaTelephone:(international) +61 2 6136 8687Email:bitre@infrastructure.gov.auWebsite:https://bitre.gov.au/ Foreword This is the latest in a series of Bureau of InfrastructureandTransport Research Economics(BITRE) reports that provide information on Australian sea freight movements, vessel activity,the use of coastal trading licences, and the size and composition of the Australian trading fleet.This report contains statisticson maritime freight and shipping activities in Australia. The publication was prepared in the Infrastructure and Surface TransportStatisticssection byPearl Louisand Brad Hotchkies. To learn more about these statistics, or related publications,please phone Pearl Louis on (02) 6136 8341or e-mailmaritime_stats@infrastructure.gov.au. GeorgiaO'CianainHead of BureauBureau of Infrastructure and Transport Research EconomicsCanberraAugust2025 At a glance Previous editions ofAustralian Sea Freightprovided data for the decade up to the same financialyear in every chapter.Australian Sea Freight2023–24marks a change from previous editions aseach chapter provides data for the decade to thelast financial year for which reliable data isavailable. In addition, the former Chapter 4 has been split into two chapters–one for total portthroughput and one for Australian vessel activity. The below table shows the organisation ofAustralian Sea Freight2023–24. International exports and imports by sea—pullback in value of exports after large increase In 2023–24, the value of Australia’s maritime exports was $467.01billion, a 15.5 percentdecrease in real terms on 2022–23 and a trend2increase of 6.4 per cent per annum, in real terms,over the five years to 2023–24. This pullback occurred after a 33.5 per cent increase in the value of Australian sea exports from$395.7 billion in 2020−21 to $528.4billion in 2021−22, driven by an almost tripling of the valueof bituminous coal exports and a more than doubling in the value of LNG exports. However asthe total volume of maritime exports only increased by 1.5 percent between 2020−21 and2021−22 this increase in value was mainly driven by increasing prices. The value of sea exportsincreased again by 4.6 per cent to $552.8 billion in 2022−23, driven by the increasing value ofLNG, crude materials not elsewhere specified, and bituminous coal exports. While the value ofseaborneexports increased, total maritime export volumes actually fell slightly in 2022−23. Despite the fall in th