Drivers of Northern California Economy Port of Redwood City (2011 YTD) Exports 440,000 metric tons; valued at $90 million Imports 432,000 metric tons; valued at $15 million FY 2012 forecast is 1.2 metric tons; valued at $120 million Port of Stockton Exports FY ,476,836 metric tons; valued at $421 million FY ,445 metric tons; valued at $288 million Imports FY ,321,483 metric tons; $754 million FY ,370,194 metric tons; valued at $1 billion Jobs (direct & indirect)
Drivers of Northern California Economy Port of Oakland (FY 2010) Inbound: 802,913 Twenty-foot equivalent Unit (TEU) Outbound: 954,814 TEU Imports valued at $24.3 billion Exports valued at $15.4 billion Economic Impacts to the region: Jobs – 28,800 Labor income (earnings) - $2.2 billion Local and state tax revenues - $ 233 million 2
Drivers of Northern California Economy Port of San Francisco (FY 2011) Exports 23,234 metric tons; $52,103 Imports 1,054,401 metric tons; $578,387 Cruise ship passengers 136,000; revenue generated - $1.7 million Port of Richmond (FY 2010) Exports 122,650 metric tons Imports 83,644 metric tons Port of Benicia (2011 YTD) Exports 77,148 metric tons; valued at $6.2 million Imports 108,134 metric tons; valued at $1.8 billion Port of West Sacramento (July 1, 2010-June 30, 2011) Exports 257,200 metric tons; valued at $115,740,200 Imports 334,100 metric tons; valued at $47,741,960 3
Drivers of Northern California Economy Oil Refineries SF Bay Area home to 42% of the refining capacity in California Chevron - 240,000 barrels per day Tesoro - 166,000 barrels per day Shell - 155,000 barrels per day Valero - 144,000 barrels per day ConocoPhillips - 120,000 barrels per day Economic Impacts in Contra Costa and Solano Counties: Jobs – 76,238 Labor income (earnings) - $7.7 billion Local, state and federal tax revenues - $1.1 billion 4