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1301.0 - Year Book Australia, 2006  
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Contents >> Chapter 22 - Transport >> Economic contribution of the transport and storage industry

ECONOMIC CONTRIBUTION OF THE TRANSPORT AND STORAGE INDUSTRY

Transport and storage is vital to the Australian economy, underpinning a diverse range of industries and activities. These range from transporting and storing freight, to the movement of people by private and public transport, to vehicle hire and even the use of pipelines.

The contribution of an industry to the overall production of goods and services in an economy is measured by gross value added (GVA). Information on the relationship between industry GVA and gross domestic product (GDP) is provided in the Industry Structure and Performance chapter.

Total production of the transport and storage industry, as measured by industry GVA (in chain volume terms), doubled between 1985-86 and 2003-04 (graph 22.1).

Graph 22.1: TRANSPORT AND STORAGE PRODUCTION(a), Chain volume measures


Table 22.2 shows the GVA of the each of the sectors (or industry subdivisions) which the ABS uses to describe the transport and storage industry. During the period 1999-2000 to 2003-04, total transport and storage industry GVA rose by 20%. This was greater than the overall growth rate of the economy (14%).

All sectors within the transport and storage industry had larger increases in GVA (in chain volume terms) between 1999-2000 and 2003-04 than the increase in GDP over the same period. Within the industry, the road transport sector had the greatest increase in GVA (29%), followed by rail, pipeline and other transport (20%), and air and space transport (15%). The smallest increase in GVA in the period was in the transport services and storage (which includes water transport) sector of the industry (14%).
22.2 TRANSPORT AND STORAGE GROSS VALUE ADDED, Chain volume measures(a)
Industry subdivision
Units
1999-2000
2000-01
2001-02
2002-03
2003-04
Percentage change from 1999-2000 to 2003-04
Industry gross value added
Road transport
$m
10,595
11,052
11,789
12,662
13,694
29.2
Air and space transport
$m
5,125
5,542
5,228
5,420
5,885
14.8
Rail, pipeline and other transport
$m
3,938
3,997
4,256
4,560
4,710
19.6
Transport services and storage(b)
$m
13,005
13,705
14,301
14,747
14,874
14.4
Transport and storage(c)
$m
32,623
34,261
35,568
37,389
39,164
20.1
(a) Reference year for chain volume measures is 2002-03.
(b) Includes water transport.
(c) Chain volume measures for years other than 2002-03 and 2003-04 are not additive.

Source: Australian System of National Accounts, 2003-04 (5204.0).


Average annual employment in the transport and storage industry decreased from 418,500 people in 2000-01 to 408,000 in 2002-03. Between 2002-03 and 2004-05 employment rose by 46,400 people, or 11% to 454,400 (table 22.3).

Between 2003-04 and 2004-05 employment in the storage sector rose by 13,900 people, or 47%, while services to transport employment rose by 7,800 people or 11%. Over the same period, employment in road transport decreased by 7% to 214,800 people, and rail transport employment fell by 4% to 37,200 people.
22.3 TRANSPORT AND STORAGE INDUSTRY EMPLOYMENT(a)
2000-01
2001-02
2002-03
2003-04
2004-05
Industry subdivision
'000
'000
'000
'000
'000
Road transport
213.2
221.3
218.1
230.9
214.8
Rail transport
37.3
31.8
36.3
38.9
37.2
Water transport
13.4
13.6
12.6
13.3
13.6
Air and space transport
53.4
50.7
46.4
45.3
46.7
Other transport
*0.6
*0.6
*0.5
*0.5
*0.7
Services to transport
67.6
68.6
65.5
69.3
77.1
Storage
29.7
24.0
26.8
29.6
43.5
Transport and storage nfd(b)
*3.4
*2.4
*1.9
4.7
20.8
Total
418.5
413.0
408.0
432.5
454.4
(a) Annual average of quarterly data.
(b) Not further defined. Insufficient detail collected from survey respondent to allocate them to a specific industry code.

Source: Labour Force, Australia, Detailed - Electronic delivery (6291.0.55.001).


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