Annual Facts and Figures Card
The information presented on this website is provided free of charge. When sourcing this data, please credit the Port of Los Angeles.
Facts and figures solelyrepresent the Port of Los Angeles, unless otherwise indicated, such as Economic Impacts and Market Share for the entire San Pedro Bay port complex.
Published annually in the first quarter, the Port of Los Angeles Facts & Figures card provides at-a-glance statistics based on data forCalendar Year 2023and Fiscal Year2022/23(July 1, 2022-June 30, 2023).
Comparison data and cards for the past three years arebelow.
2023 Facts & Figures Card
Published April 2024 Revised June 2024
2022 Facts & Figures Card
Published April 2023
2021 Facts & Figures Card
Published April 2022
Key Statistics
- Founded Dec. 9, 1907
- A department of the City of Los Angeles (Los Angeles Harbor Department)
- Governed by the Los Angeles Board of Harbor Commissioners
- Ranked as No. 1 container port in Western Hemisphere for 24consecutive years(2000-2023)
- 2023 wasbusiest cruise year on record with a record 1.3 million passengers
Infrastructure
- 7,500 acres (4,300 land/3,200 water)
- 43 miles of waterfront
- -53’ Main Channel water depth
- 25 cargoterminals, including sevencontainer terminals
- 83ship-to-shore container cranes
- 1,932pieces of cargo-handling equipment
- 122miles of rail, including five on-dock railyards and a classification yard
- 15 marinas with 3,736 recreational vessel slips and dry docks
Trade Volume
For the past 24years, 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 one in nine jobs in Southern California and nearly 3 million jobs nationwide — is a bellwether for the health of the overall U.S. economy.
| CY 2023 | CY 2022 | CY 2021 | |
|---|---|---|---|
| Automobiles (Units) | 157,066 | 112,044 | 102,767 |
| Cargo Tonnage | 178 MMRT (FY 2022/23) | 219 MMRT (FY 2021/22) | 222MMRT (FY 2020/21) |
| Container Volume | 8.6 million TEUs | 9.9 million TEUs | 10.7 million TEUs |
| Cruise Ship Calls (Total Passengers) | 219 (1,323,313) | 229 (995,819) | 61 (151,971) |
| Vessel Arrivals (All Types) | 1,712 | 1,819 | 1,863 |
| Top Five Containerized Imports (TEUs) | furniture (561,511) auto parts (309,039) apparel (256,491) plastics (222,983) electronics (182,263) | furniture (683,789) auto parts (359,795) apparel (269,190) plastics (267,711) footwear (262,910) | furniture (766,066) |
| Top Five Containerized Exports (TEUs) | paper/wastepaper (196,189) pet/animal feed (150,518) soybeans (103,550) recycled metal (73,673) fabrics/raw cotton (57,666) | pet/animal feed (181,073) paper/wastepaper (146,613) soybeans (104,057) fabrics/raw cotton (83,076) recycled metal (62,157) | pet/animal feed (211,353) fabrics/raw cotton(57,675) |
| Top Five Trading Partners (cargo value) | China/Hong Kong ($112 billion) Japan ($38 billion) Vietnam ($30 billion) South Korea ($18billion) Taiwan ($17billion) | China/Hong Kong ($134 billion) Japan ($38 billion) Vietnam ($33 billion) Taiwan ($20 billion) South Korea ($16 billion) | China/Hong Kong($132 billion) Japan ($37 billion) Vietnam($28 billion) Taiwan($18 billion) SouthKorea($16 billion) |
| Top Five Foreign Trade Routes (percentage of cargo handled) | Northeast Asia (61%) Southeast Asia (27%) India Sub-continent (3%) Northern Europe (3%) Mediterranean (2%) | Northeast Asia (71%) Southeast Asia (24%) India Sub-continent (2%) Northern Europe (2%) Mexico/Central America (0.3%) | Northeast Asia (73%) |
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.
| FY 2022/23 | FY 2021/22 | FY 2020/21 | |
|---|---|---|---|
| Cargo Value | $292 billion (CY 2023) | $311 billion (CY 2022) | $294 billion (CY 2021) |
| Adopted Budget | $1.9 billion | $1.7 billion | $1.5 billion |
| Operating Revenue | $656 million | $628 million | $572 million |
| Operating Expenses | $299 million | $255 million | $274million |
| Capital Improvement Program | $109 million | $90 million | $112 million |
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. The following statistics are based on percentage of containerized waterborne import cargo handled in CY 2023. The five-county region includes the counties ofLos Angeles, Orange, Riverside, San Bernardino, and Ventura.
| Port of Los Angeles | San Pedro Bay Port Complex (Port of Los Angeles + Port of Long Beach) |
|---|---|
| Ranked No. 16in the world | Ranked No. 9 in the world |
| 128,000 jobs in Los Angeles (1 in 15) | 171,000 jobs in Los Angeles/Long Beach (1 in 13) |
| 462,000 jobs in five-county region (1 in 19) | 931,000 jobs in five-county region (1 in 9) |
| 1.4 million jobs throughout the U.S. (1 in 111) | 2.7 million jobs throughout the U.S. (1 in 58) |
| 41% of West Coast’s market share | 75% of West Coast’s market share |
| 16% of United States' market share | 29% of United States' market share |
Market Share Explained
In 2023, the total volume of all international trade, imports and exports, moving in shipping containers through U.S. seaports equaled 35million Twenty-foot Equivalent Units (TEUs).
The Port of Los Angeles had a 16% market share in 2023. This percentage reflects the Port’s contribution of all containerized waterborne international trade the U.S. handled in 2023. The Port handled about 5.4 million loaded TEUs, which is 16% of the total 35 million TEUs.
When data for the Port of Los Angeles is combined with the Port of Long Beach, the two ports handled approximately29% of all containerized international waterborne trade in the U.S. That meansapproximately 29% of everything the U.S. imported or exported in containers over the water came through the San Pedro Bay port complex, which includes the ports of Los Angeles and Long Beach.
Container trade, while a major source of consumer goods, is just a portion of the total U.S. trade. The San Pedro Bay ports don’t handle 29% of ALL U.S. trade;just 29% of the portion that moves in containers through seaports.
US TradeNumbers provides supplementaltrade data on the Port of Los Angeles. The data isupdated monthly byWorldCity, Inc., which generatesdatasets with the U.S. Census Bureau.
