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MIA and PortMiami generate $242.8 billion in economic impact

Mayor Daniella Levine Cava
Carla Mendez
/
SA国际传谋
Miami-Dade Mayor Daniella Levine Cava at press conference unveiling that Miami International Airport and PortMiami collected $242 billion in revenue.

Miami-Dade County Mayor Daniella Levine Cava announced Friday that Miami International Airport and PortMiami broke records in revenue, collecting more than $242 billion and supporting nearly 1.2 million jobs.

The announcement was made at the annual State of the Ports luncheon, hosted by the World Trade Center Miami and attended by more than 500 business, civic, and government leaders.

The event unveiled MIA鈥檚 2024 economic impact study by consulting firm Martin Associates. MIA Director and CEO Ralph Cuti茅, and Port Miami Director and CEO Hydi Webb were also in attendance.

READ MORE: MIA expands for the first time in over a decade

According to the report, MIA alone generated $181.4 billion in business revenue and supported 800,000 jobs, cementing its role as one of Florida鈥檚 most vital economic engines.

鈥淭allahassee, are you listening?鈥 asked Levine Cava rhetorically in calling attention to the contributions of MIA to the Florida Legislature.

The mayor also emphasized the breadth of the airports' economic reach across multiple sectors, saying, the MIA's cargo imports and exports are the largest in the state, especially in the manufacturing and agricultural sectors.

鈥淲e're number one for international commerce in the country,鈥 she said.

MIA ranks high 

According to the mayor, MIA continues to beat records for cargo and passenger traffic and is currently ranked #1 in the U.S. for foreign international fright and #6 globally. Cargo volume alone saw a 13% increase in the first half of the year, making it MIA鈥檚 fifth consecutive record-breaking year for freight.

Passenger traffic is also surging. MIA served 28 million travelers in the first six months of 2025, putting it on pace to match or even surpass 2024鈥檚 record 56 million passengers.

State of the Ports event
Carla Mendez
/
SA国际传谋
State of the Port event luncheon hosted by the World Trade Center Miami.

鈥淲e're number one for international commerce in the country,鈥 said Levine Cava. 鈥淭he new study shows that [MIA鈥檚] value to our community and region truly cannot be understated.鈥

Modernization plans in motion 

Set in motion in January of 2024, MIA is currently undergoing a $9 billion modernization project through its Modernization in Action , which aims to prepare the airport to handle up to 77 million passengers and 5 million tons of freight annually.

Some of the upgrades from the $1.4 billion already spent for the M.I.A plan include a new concourse K, a renovated central terminal and a new parking garage.

鈥淓ven as we modernize, we must never lose sight of how invaluable our airport and seaport are to the local economy,鈥 said Levine Cava. 鈥淭he future has never looked brighter.鈥

PortMiami also continues to see strong demand. , 766,000 travelers arrived at MIA specifically to take a cruise, representing more than 9% of PortMiami鈥檚 total passenger count.

鈥淎lmost a hundred percent, 97.6%, are using PortMiami,鈥 said Cava. 鈥淚 call it friendly competition, and I鈥檓 glad we鈥檙e winning.鈥

Gary Goldfarb, chief strategy officer of the Inner Port Group and chair of the World Trade Center Miami, spoke to South Florida鈥檚 reliance on international commerce.

鈥淭rade is not a buzzword 鈥 it鈥檚 a builder of jobs, opportunity, and resilience, 鈥 he said.

He added that as global trade dynamics continue to shift, the stakes are high.

鈥溾夾s we look for the future, the stakes are high. Trade groups are shifting, technologies are evolving, and global dynamics are constantly changing鈥.gatherings like this one are more important than ever,鈥 he said.

Carla Daniela Mendez is a Summer 2025 intern at SA国际传谋.
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