City of Melbourne

Exports

In the City of Melbourne, Financial and Insurance Services had the largest total exports by industry, generating $40,307 million in 2022/23.

Exports by industry are sales of goods and services to non-resident households, businesses and other organisations, outside the City of Melbourne boundaries. Exports (domestic) include all exports from the area to other parts of Australia. Exports (international) includes all exports from the Region to countries outside Australia.

To get the full picture how each industry sector contributes to the regional or state economy, export data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

Data source

National Economics (NIEIR) - Modelled series

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Total exports by industry sector
City of Melbourne2022/232016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2022/23
Agriculture, Forestry and Fishing169.80.14.7189.20.24.3-19.3
Mining728.90.62.2728.20.72.5+0.7
Manufacturing3,589.02.819.64,166.33.923.3-577.3
Electricity, Gas, Water and Waste Services5,416.74.23.45,238.85.04.1+177.8
Construction74.40.10.276.10.10.2-1.6
Wholesale Trade1,009.50.86.21,293.81.26.8-284.3
Retail Trade1,713.81.33.51,316.61.22.9+397.2
Accommodation and Food Services3,133.42.42.83,735.03.52.3-601.6
Transport, Postal and Warehousing6,117.74.810.14,301.14.18.7+1,816.6
Information Media and Telecommunications13,059.810.24.811,074.010.54.5+1,985.8
Financial and Insurance Services40,306.931.412.131,628.630.011.7+8,678.3
Rental, Hiring and Real Estate Services355.20.30.8292.20.30.7+63.0
Professional, Scientific and Technical Services17,249.313.48.412,770.012.17.6+4,479.3
Administrative and Support Services3,166.32.52.02,216.22.12.2+950.2
Public Administration and Safety13,871.410.85.29,534.39.04.5+4,337.1
Education and Training6,099.04.84.05,924.95.65.3+174.1
Health Care and Social Assistance5,969.94.75.84,443.04.24.8+1,526.9
Arts and Recreation Services5,067.43.92.55,780.25.52.5-712.8
Other Services1,234.51.01.6798.90.81.2+435.7
Total industries128,333.1100.0100.0105,507.3100.0100.0+22,825.8

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020/21 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Please refer to specific data notes for more information
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Dominant groups

An analysis of the total exports by industry sectors in the City of Melbourne in 2021/22 shows the three largest industries were:

  • Financial and Insurance Services (40,307 million or 31.4%)
  • Professional, Scientific and Technical Services (17,249 million or 13.4%)
  • Public Administration and Safety (13,871 million or 10.8%)

In combination these three industries accounted for 71,428 million in total or 55.7% of the total exports by industry in the the City of Melbourne.

In comparison, the same 3 industries in Victoria accounted for 12.1% in Financial and Insurance Services; 8.4% in Professional, Scientific and Technical Services and 5.2% in Public Administration and Safety.

The major differences between the total exports by industries of the City of Melbourne and Victoria were:

  • A larger percentage of total exports by Financial and Insurance Services (31.4% compared to 12.1%)
  • A smaller percentage of total exports by Manufacturing (2.8% compared to 19.6%)
  • A larger percentage of total exports by Public Administration and Safety (10.8% compared to 5.2%)
  • A smaller percentage of total exports by Wholesale Trade (0.8% compared to 6.2%)

Emerging groups

The total total exports by industry in the City of Melbourne $increased by 22,826 million between 2016/17 and 2022/23.

The largest changes in the total exports by industries between 2016/17 and 2022/23 in the City of Melbourne were for:

  • Financial and Insurance Services (+$8,678 million)
  • Professional, Scientific and Technical Services (+$4,479 million)
  • Public Administration and Safety (+$4,337 million)
  • Information Media and Telecommunications (+$1,986 million)

City of Melbourne

economic profile