Key Takeaways
- In 2023, Louisiana's crude oil production reached 116 million barrels, ranking second in the U.S. behind Texas.
- Louisiana natural gas production in 2022 averaged 9.8 billion cubic feet per day, contributing 6% to U.S. total.
- The Haynesville Shale in Louisiana produced 85 Bcf of natural gas in Q4 2023, up 12% from prior year.
- Louisiana's chemical manufacturing output reached $75 billion in 2022.
- The state hosts 300 petrochemical plants producing 25% of U.S. chemicals.
- Louisiana ethylene production capacity is 8.5 million tons per year.
- Louisiana soybean production was 19 million bushels in 2023.
- Rice acreage harvested in Louisiana totaled 425,000 acres in 2023.
- Louisiana sugarcane yield averaged 38 tons per acre in 2022.
- Port of South Louisiana handled 240 million tons of cargo in 2023.
- Port of New Orleans container throughput was 500,000 TEUs in 2023.
- Louisiana's inland waterways move 15% of U.S. exports.
- Louisiana visitor spending reached $23 billion in 2023.
- New Orleans hosted 19 million visitors in 2023.
- Gaming industry revenue $2.8 billion from 26 casinos in 2023.
Louisiana's vast industrial economy thrives on energy, chemical production, and tourism.
Agriculture, Forestry, and Fisheries
- Louisiana soybean production was 19 million bushels in 2023.
- Rice acreage harvested in Louisiana totaled 425,000 acres in 2023.
- Louisiana sugarcane yield averaged 38 tons per acre in 2022.
- Crawfish production reached 55 million pounds in 2023.
- Louisiana timber harvest volume was 1.2 billion board feet in 2022.
- Cotton production in Louisiana was 200,000 bales in 2023.
- Aquaculture sales totaled $150 million in 2022.
- Louisiana pecan production was 10 million pounds in 2023.
- Corn for grain yield was 165 bushels per acre in 2022.
- Forestry supports 60,000 jobs in Louisiana.
- Shrimp landings were 25 million pounds in 2023.
- Louisiana cattle inventory is 800,000 head as of 2023.
- Poultry production value reached $2.5 billion in 2022.
- Alligator farming produced 300,000 skins in 2023.
- Soybean yield averaged 45 bushels per acre in 2023.
- Louisiana forestland covers 14 million acres.
- Oyster harvest was 12 million pounds in 2022.
- Sweet potato production totaled 5,000 acres harvested.
- Dairy milk production was 2.2 billion pounds in 2023.
- Christmas tree farms cover 10,000 acres in Louisiana.
- Hay production was 3 million tons in 2022.
- Catfish farming output 25 million pounds in 2023.
- Louisiana nursery and greenhouse sales $800 million annually.
- Peanut production 5 million pounds in 2022.
- Wildlife management areas span 1.5 million acres.
Agriculture, Forestry, and Fisheries Interpretation
Chemical and Petrochemical Manufacturing
- Louisiana's chemical manufacturing output reached $75 billion in 2022.
- The state hosts 300 petrochemical plants producing 25% of U.S. chemicals.
- Louisiana ethylene production capacity is 8.5 million tons per year.
- Chemical industry employment in Louisiana was 85,000 in 2023.
- The Baton Rouge area produces 1.2 million tons of ammonia annually.
- Louisiana methanol plants export 4 million tons yearly.
- Plastics manufacturing output grew 5% to $10 billion in 2022.
- Louisiana produces 60% of U.S. polyvinyl chloride (PVC).
- Fertilizer production in Louisiana totals 10 million tons per year.
- Specialty chemicals exports from Louisiana reached $15 billion in 2023.
- Lake Charles chemical corridor has 50 plants with $50B investment.
- Louisiana rubber products manufacturing employed 12,000 in 2022.
- Polypropylene capacity in Louisiana is 3 million tons annually.
- Paint and coatings production value was $2.5 billion in 2022.
- Louisiana's caustic soda production is 1.5 million tons per year.
- Pharmaceutical chemicals manufacturing grew 3% to $4B in 2023.
- Louisiana hosts 15% of U.S. chlor-alkali plants.
- Synthetic dyes and pigments output reached 200,000 tons in 2022.
- Louisiana's chemical recycling facilities process 500,000 tons of plastics yearly.
- Adhesives manufacturing value added $1.2 billion in 2023.
- Louisiana produces 70% of U.S. butadiene.
- Soap and cleaning compound production was $3B in 2022.
- Louisiana's petrochemical investments announced $20B since 2020.
- Inorganic chemical production capacity is 5 million tons.
- Louisiana exports 40% of its chemical production.
Chemical and Petrochemical Manufacturing Interpretation
Energy and Oil & Gas
- In 2023, Louisiana's crude oil production reached 116 million barrels, ranking second in the U.S. behind Texas.
- Louisiana natural gas production in 2022 averaged 9.8 billion cubic feet per day, contributing 6% to U.S. total.
- The Haynesville Shale in Louisiana produced 85 Bcf of natural gas in Q4 2023, up 12% from prior year.
- Louisiana refineries processed 2.9 million barrels per day of crude oil in 2023, 18% of U.S. capacity.
- Over 3,200 active oil and gas wells were drilled in Louisiana in 2022.
- Louisiana's offshore Gulf of Mexico oil production was 1.2 million barrels per day in 2023.
- The state holds 5.6 trillion cubic feet of proven natural gas reserves as of 2022.
- Louisiana LNG export terminals exported 1,200 Bcf of gas in 2023.
- Rig count in Louisiana averaged 45 active rigs in 2023.
- Louisiana's oil and gas industry employed 248,000 workers in 2022.
- Proven crude oil reserves in Louisiana stood at 1.1 billion barrels in 2022.
- Louisiana's carbon capture projects captured 5 million metric tons of CO2 in 2023.
- The state's pipelines transport 15% of U.S. natural gas interstate.
- Louisiana wind energy capacity reached 800 MW in 2023.
- Solar installations in Louisiana generated 2.5 TWh in 2022.
- Nuclear power from Entergy plants provided 20% of Louisiana's electricity in 2023.
- Louisiana's ethanol production was 120 million gallons in 2022.
- Coal consumption for electricity fell to 5% in Louisiana in 2023.
- Oil rig productivity in Louisiana averaged 500 barrels per day per rig in 2023.
- Louisiana's shale gas production grew 8% YoY to 3.2 Tcf in 2022.
- The state issued 1,200 drilling permits in 2023.
- Louisiana's gas processing plants handled 12 Bcf/day in 2023.
- Offshore leases produced $2.5 billion in royalties for Louisiana in 2022.
- Hydrogen production hubs in Louisiana aim for 1.5 Mtpa by 2028.
- Louisiana geothermal potential estimated at 10 GW.
- Biofuel refineries in Louisiana produced 50 million gallons of biodiesel in 2023.
- Louisiana's energy exports via pipelines reached 20 Bcf/day.
- Fracking accounted for 70% of Louisiana's new wells in 2022.
- Louisiana oil storage capacity is 150 million barrels.
- Renewable energy share in Louisiana's mix was 8% in 2023.
Energy and Oil & Gas Interpretation
Tourism, Gaming, and Hospitality
- Louisiana visitor spending reached $23 billion in 2023.
- New Orleans hosted 19 million visitors in 2023.
- Gaming industry revenue $2.8 billion from 26 casinos in 2023.
- Hotel occupancy in Louisiana averaged 65% in 2023.
- Louisiana cruise passengers 1.2 million via Port of New Orleans.
- Tourism employs 236,000 workers in the state.
- Mardi Gras economic impact $900 million annually.
- Louisiana state parks attracted 10 million visitors in 2023.
- Riverboat casinos generated $1.1 billion in 2023.
- Lodging revenue $5 billion statewide in 2023.
- Sports tourism events drew 2 million attendees.
- Louisiana film industry tax credits supported $1B production in 2023.
- Hotel room inventory 50,000 rooms in 2023.
- Ecotourism in bayous generated $500 million.
- Harrah's New Orleans casino revenue $400 million.
- Food and beverage tourism sales $10 billion.
- Music festivals like Jazz Fest impact $400 million.
- Racetracks and OTBs revenue $150 million.
- Louisiana beaches attract 5 million visitors yearly.
- Video poker machines 20,000 generating $500M.
- Heritage tourism sites 1,000+ drawing 8M visitors.
- Adventure tourism (fishing, hunting) $2B impact.
Tourism, Gaming, and Hospitality Interpretation
Transportation, Ports, and Logistics
- Port of South Louisiana handled 240 million tons of cargo in 2023.
- Port of New Orleans container throughput was 500,000 TEUs in 2023.
- Louisiana's inland waterways move 15% of U.S. exports.
- Port Fourchon services 95% of deepwater Gulf oil production.
- Louisiana highways carry 500 million tons of freight annually.
- New Orleans airport (MSY) handled 12 million passengers in 2023.
- Rail freight in Louisiana totaled 40 million tons in 2022.
- Lake Charles LNG terminal exports 20 Mtpa.
- Baton Rouge port grain exports 25 million tons yearly.
- Louisiana trucking industry employs 120,000 drivers.
- Shreveport-Bossier logistics hub handles $10B cargo value.
- Port of Iberia LNG capacity 12 Mtpa under construction.
- Louisiana barge traffic 600 million tons on Mississippi River.
- Intermodal facilities in Louisiana process 1 million containers yearly.
- Lafayette Regional Airport cargo 50,000 tons in 2023.
- Louisiana's 4,000 miles of pipelines transport 20% U.S. energy.
- Port of Caddo-Bossier handles 5 million tons bulk cargo.
- Electric vehicle charging stations grew to 1,000 in 2023.
- Louisiana air cargo total 300,000 tons annually.
- West岸 Calcasieu LNG exports projected 10 Mtpa by 2025.
- Highway freight tonnage 250 million tons on I-10/I-12.
- Port of St. Bernard chemical shipments 10 million tons.
- Logistics sector GDP contribution $25 billion in 2022.
Transportation, Ports, and Logistics Interpretation
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