Market
Overview

Alaska offers a wealth of opportunities for businesses looking to expand or invest in a dynamic and resource-rich market.

The state’s economy is powered by thriving industries such as energy, mining, seafood, tourism, and logistics, all supported by strategic global trade connections. As a leader in oil, natural gas, and critical minerals, Alaska provides access to valuable resources with a pro-business regulatory environment. Its world-renowned seafood industry supplies high-quality exports to international markets, while a booming tourism sector attracts millions of visitors annually. With a skilled workforce, modern infrastructure investments, and strong state support for innovation and development, Alaska is primed for business expansion and long-term success.

Industries

Tourism

Alaska’s breathtaking landscapes, wildlife, and outdoor adventures attract over two million visitors annually, fueling a vital industry that supports thousands of jobs.
Oil and Gas

As a cornerstone of Alaska’s economy, the oil and gas sector drives state revenues and employment, with a rapidly growing footprint of international investment.
Mining

Rich in gold, zinc, silver and rare earth minerals, Alaska’s mining industry generates billions in economic impact while supporting rural communities.
Mariculture

Alaska’s growing mariculture sector harnesses clean, cold waters to cultivate sustainable seafood products, boosting coastal economies.
Agriculture

Despite its northern latitude, ample sunlight and proximity to natural resources allows Alaska’s agricultural industry to thrive supporting local farmers and exports.
Construction

With projects spanning infrastructure, housing, and resource development, Alaska’s construction industry harnesses the spirit of resilience and is a major employer driving economic growth.
Transportation

From aviation to maritime shipping, Alaska’s transportation industry connects remote communities and fuels international commerce.
Health Care

Addressing the unique challenges of rural and urban populations, Alaska’s health care sector is a pioneer in telehealth and research capabilities essential for providing critical services across the state.
Education

With a mix of public, private, and tribal schools, Alaska’s education system fosters learning and workforce development from K-12 to groundbreaking university research.
Aerospace

Home to cutting-edge satellite launch facilities and test centers, Alaska’s aerospace industry plays a key role in global communications and defense technology.
Seafood

A world leader in sustainable fisheries, Alaska’s seafood industry provides high-quality seafood to all 50 U.S. states and markets worldwide.
Energy

Alaska’s diverse energy sector spans oil, gas, renewables, and microgrids, ensuring reliable power access.
Alaska Native Corporations

Alaska Native Corporations and tribes drive economic impact and cultural preservation across the state.
Arctic Research

As the gateway to the Arctic, Alaska is a global hub for climate, environmental, and geopolitical research shaping the future of the region.
Timber

Alaska’s timber industry sustainably harvests vast resources, supporting local economies and producing high-quality wood products.