Forbes analyzed two decades of U.S. trade data and stacked up the fastest-growing points of entry to the country — including international airports, borders and ports.
They found that the Port of Mobile was the second fastest-growing port over the past 10 years.
“From Mobile to Huntsville, Alabama’s economy is booming, and the Port is proud to be a key player in this growth,” said Port Authority Director and CEO John Driscoll.
“With over $1 billion in capital investments planned over the next ten years and the benefits of major projects such as the deepening and widening of the ship channel yet to be realized, the sky is the limit for what the Port and the State of Alabama will accomplish in the coming years.”
Forbes reports the Port of Mobile imports over a billion dollars each in four categories: oil, motor vehicle parts, aircraft parts, and two types of steel.
RELATED: Study: Port of Mobile holds $85B in statewide economic impact
The report also noted the Port saw its trade more than double in the past decade.
U.S. Senator Katie Britt celebrated the reflection of the port’s impact as an economic engine felt in all 67 of Alabama.
The Port of Mobile was the second fastest-growing port in the United States over the past 10 years. The tremendous impact of this bustling economic engine is felt in all 67 of Alabama's counties and will only continue to grow in decades to come.https://t.co/y8myjy9AaL
— Senator Katie Boyd Britt (@SenKatieBritt) January 4, 2024
Grayson Everett is the state and political editor for Yellowhammer News. You can follow him on Twitter @Grayson270
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