Economic impact

Washington is the most trade-dependent state in the nation, with 40 percent of jobs related to international trade. The Port of Tacoma is considered one of the region's economic engines.

A study released in 2019 highlighted the economic impact of the Port's real estate and marine cargo operations in 2017:

  • Supported more than 42,100 jobs
  • Generated nearly $3 billion in economic activity
  • Produced more than $100 million annually in state to support education, police, fire services and road improvements

Supporting 42,100 jobs

The analysis focused on direct, indirect and induced jobs:

  • 14,450 direct jobs include trucking companies and railroads moving cargo to and from terminals and warehouses, longshore workers, steamship agents and freight forwarders.
  • 27,650 indirect and Induced jobs include office supply firms, maintenance and repair firms, and parts and equipment suppliers. This number also includes jobs created by people directly employed by marine cargo operations re-spending their wages in the community on housing, food and other consumer goods.

If the farmers and manufacturers who ship products through the Port of Tacoma were factored in, the port’s activities reached 267,000 jobs overall in Washington.

 

Additional information

The Northwest Seaport Alliance's economic impact

The Northwest Seaport Alliance is a marine cargo operating partnership of the ports of Tacoma and Seattle. The joint economic impact of the Tacoma and Seattle's harbors was released in January 2019. See the results.