With its unique view into the interconnected nature of global trade, Prologis commissioned independent advisory firm Oxford Economics (OE) to conduct an economic impact analysis to examine how its business operations and its customers’ activity together contribute to the global economy. Phase 1 of the Future Flow of Goods study was conducted in 2017. Phase 2 was conducted in July 2020. Phase 3 was updated in December 2022 to reflect Prologis’ growth and changes in the logistics real estate landscape.
Download the executive summary.
Download the full report.
Here is what we discovered:
We shorten the time it takes to deliver the world’s goods to you
$2.7
Trillion is the economic value of goods flowing through our distribution centers each year1. This represents…
4.0%
of the GDP for the 19 countries where we do business2
24.3%
of global goods consumption in those 19 countries
2.8%
of the world’s GDP3
Under Prologis’ Roofs Each Day:
1.1 million
People go to work around the world
Prologis’ Employment Impact:
3.5 million
Global Jobs
Taken together, the full global economic impact of operations in Prologis warehouses:
$315 Billion
Per Year 4
The total global tax impacts of Prologis is substantial:
$66 Billion
Per Year 4
Our location strategy is purposeful.
Our buildings are where the action is today and where it will be tomorrow.
5,800
Customers
4,914
Buildings
1
Billion Square Feet
19
Countries
4
Continents
1. Based on 2020 data per Oxford Economics report. Per Oxford Economics, it is important to note that GDP represents the total value of all final goods and services production. Some warehouses may be used to store intermediate goods (i.e. components used in the production of final goods), and of course services do not need to be stored, and a single good will often be stored in multiple warehouses on its way to final consumers.
2. Per Oxford Economics, it is important to note that GDP represents the total value of all final goods and services production. Some warehouses may be used to store intermediate goods (i.e. components used in the production of final goods), and of course services do not need to be stored, and a single good will often be stored in multiple warehouses on its way to final consumers.
3. Per Oxford Economics, it is important to note that GDP represents the total value of all final goods and services production. Some warehouses may be used to store intermediate goods (i.e. components used in the production of final goods), and of course services do not need to be stored, and a single good will often be stored in multiple warehouses on its way to final consumers.
4. As described in the methodology in the Oxford Economics report, these impacts include the direct operations in the Prologis warehouses themselves, the indirect (supply chain) impacts, and the induced impacts.
