Annual Facts and Figures Card
Published annually, the Port of Los Angeles Facts & Figures card provides at-a-glance statistics based on data for the prior year (CY 2019 and FY 2018/19). The Port of Los Angeles' Fiscal Year is July 1 through June 30.
At-A-Glance
- Founded Dec. 9, 1907
- -53’ main channel water depth
- 15 marinas with 3,736 recreational vessel slips and dry docks
- 9.3 million twenty-foot container units handled in 2019
- 43 miles of waterfront
- 82 ship-to-shore container cranes
- 7,500 acres (3,200 water, 4,300 land)
Trade Volume
For the past 20 years, the Port of Los Angeles has been the busiest container port in the Western Hemisphere. With record volumes for containerized trade, economic activity generated by the Port—including its connection to 1 in 9 jobs in Southern California and more than 3 million jobs nationwide—is a bellwether for the health of the overall U.S. economy.
| 2019 | 2018 | |
|---|---|---|
| Automobiles Cargo Tonnage Container Volume Cruise Ships | Passengers Vessel Arrivals (All Types) |
127,042 (CY) 178 MMRT (FY) 9.3 million TEUs (CY) 124 | 650,010 (CY) 1,867 (CY) |
156,091 (CY) 195 MMRT (FY) 9.5 million TEUs (CY) 111 | 518,904 (CY) 1,891 (CY) |
| Top Five Containerized Imports (in TEUs): | furniture (529,872) automobile parts (340,546) apparel (312,655) footwear (222,465) electronics (209,622) |
furniture (579,405) auto parts (373,934) apparel (354,578) footwear (233,157) electronics (218,554) |
| Top Five Containerized Exports (in TEUs): | paper/wastepaper (240,623) pet/animal feed (181,639) fabrics/raw cotton (103,671) scrap metal (100,787) soybeans (95,148) |
paper/wastepaper (212,809) pet/animal feed (186,501) fabrics/raw cotton (110,172) soybeans (98,345) scrap metal (80,461) |
| Top Five Trading Partners (in cargo value): | China/Hong Kong ($128 billion) Japan ($38 billion) Vietnam ($21 billion) South Korea ($15 billion) Taiwan ($15 billion) |
China/Hong Kong ($153 billion) Japan ($36 billion) Vietnam ($19 billion) South Korea ($15 billion) Taiwan ($14 billion) |
| Top Five Foreign Trade Routes (percentage of total value): | Northeast Asia (74%) Southeast Asia (19%) India Sub-continent (2%) Northern Europe (2%) Mexico/Central America (1%) |
Northeast Asia (73%) Southeast Asia (21%) Indian Subcontinent (2%) Northern Europe (1%) Middle East (1%) |
Finances
The Port of Los Angeles is funded by revenues it earns from fees for shipping services and leasing of port property. The Port has an AA bond rating with a stable outlook, the highest rating given to a port without taxing authority.
| 2019 | 2018 | |
|---|---|---|
| Cargo Value | $276 billion (CY) | $297 billion (CY) |
| Adopted Budget | $1.6 billion (FY) | $1.2 billion (FY) |
| Operating Revenue | $506 million (FY) | $491 million (FY) |
| Operating Expenses | $240 million (FY) | $237 million (FY) |
| Capital Improvement Program | $47 million (FY) | $58 million (FY) |
Economic Impacts
The Port of Los Angeles and neighboring Port of Long Beach comprise the San Pedro Bay port complex, which handles more containers per ship call than any other port complex in the world. Worldwide, the Port of Los Angeles ranks number 17, and the San Pedro Bay port complex ranks number 9.
| Port of Los Angeles | San Pedro Bay Port Complex (Port of Los Angeles + Port of Long Beach) |
|---|---|
| 150,000 jobs in Los Angeles (1 in 13) | 193,000 jobs in Los Angeles/Long Beach (1 in 12) |
| 529,000 jobs in five-county region (1 in 17) | 999,000 jobs in five-county region (1 in 9) |
| 1.6 million jobs throughout the U.S. | 2.9 million jobs throughout the U.S. |
| 40% of west coast’s market share | 73% of west coast’s market share |
| 17% of nation’s market share | 30% of nation’s market share |