Valenciaport increases trade relations with Australia

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Valenciaport increases trade relations with Australia

The Port Authority of Valencia’s Statistical Bulletin for the month of June has pointed out three areas of growth in the last six months – the Red Sea, the Baltic States and Australia.

Changes in shipping routes due to the ongoing war crisis have led to increased traffic in the northern Red Sea and Baltic regions. Australia, however, has experienced growth driven by improved trade relations with Valenciaport rather than these market disruptions.

Specifically, growth has been detected in the last three months and, for example, during the month of June of the current financial year, exports increased by 13.75 per cent compared to the same period in 2023, 2.8 per cent in May and 4.2 per cent in April.

READ: Port of Valencia records over 460,000 TEU in July

The 11 Australian ports with which trade relations are currently maintained are Adelaide, Brisbane, Burnie, Dampier, Darwin, Devonport, Esperance, Fremantle, Gladstone, Melbourne and Sydney.

So far this year, Australia has received 33,888 tonnes of construction materials, 6,860 tonnes of machinery, tools and spare parts and 6,984 tonnes of foodstuffs through the Valencian docks.

On the other hand, the goods entering the Valencian docks from Australia are fruit, vegetables and pulse; a total of 4,793 tonnes entered Valenciaport in the first six months of 2024.

Next in the ranking are minerals with 1,557 tonnes and in third place are cereals and flours with 1,100 tonnes imported.

READ: Valenciaport records transshipment growth

Despite the cessation of natural gas imports – down from 4,643 tonnes in 2023 to almost none in 2024 – Australia remains a dynamic growth area in trade with Valenciaport, according to the port authority.

Earlier this May, Valenciaport announced that the European project RENEWPORT is already underway in the Valencian docks.

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