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Industry Output
The City of Port Phillip's total annual output equates to $6,031.7 Million. This represents about 4.5 percent of the metropolitan economy ($132,738.3 million).
In terms of the value of output, Property and Business Services, Finance and Insurance and Manufacturing are the key strengths of the City of Port Phillip. together, these three sectors account for more than 48 percent of total output.
Analysis suggests that Port Phillip has a very strong competitive advantage in Property and Business Services.
Despite having a strong hold on Finance and Insurance, market share of Port Phillip (in terms of value of output) is relatively small when compared to the City of Melbourne's market share of 60 percent.
In terms of the value of output, Property and Business Services, Finance and Insurance and Manufacturing are the key strengths of the City of Port Phillip. together, these three sectors account for more than 48 percent of total output.
Analysis suggests that Port Phillip has a very strong competitive advantage in Property and Business Services.
Despite having a strong hold on Finance and Insurance, market share of Port Phillip (in terms of value of output) is relatively small when compared to the City of Melbourne's market share of 60 percent.