As a leading west-coast foreign trade agency, the Port furthers economic activity and economic impact to the Silicon Valley region through maritime trade activities, land-use and cargo operations, and by fostering public and private partnerships. Not only does the maritime industry drive high paying blue collar jobs, it supports indirect jobs like truck drivers and other critical employment opportunities to the region.
As an economic driver, the Port recently announced their second consecutive record-breaking year in history generating $9.3 million in revenue and over 2.65 million metric tons of cargo moving across the Port docks, a 14.7% percent increase in cargo over the prior year. Vessel calls increased from 65 in FY 2017-18 to 78 for FY 2018-19, a 20% increase, transporting cargo from countries such as Australia, Canada, and Mexico, while exports travel to Asia and South America.
The deep water port is an integral part of Redwood City. It provides the City with a diversified jobs and tax base, environmental benefits, and distinctive character. The Port continues to prove its value as a working harbor, with a commitment to a healthy future, as our industrial businesses continue to invest locally in modernization. Coming soon, more economic fast facts!