Have you ever wondered what New Brunswick exports?
It’s a question many people ask, but few people know the answer to. New Brunswick is an important player in the Canadian economy, and it’s important to understand what this province offers to the rest of Canada and the world.
In this post, we’ll take a deeper look into what this Maritime province exports.
What Does New Brunswick Export?
New Brunswick is a major exporter of seafood products, with lobster being its most valuable export.
The maritime industry is vital to New Brunswick’s economy, with over 90% of all seafood products exported from the province being caught in waters along its coast.
Lobster has been one of the main drivers of success for New Brunswick’s fishing industry for decades, making up nearly half of all seafood exports from the province in 2017.
This number is expected to grow as demand for lobster continues to rise across Canada and around the world.
Other popular seafood products exported from New Brunswick include haddock, scallops and mackerel.
Another major export from New Brunswick is forestry products such as lumber and pulpwood.
The forestry industry plays an important role in both local economies and employment opportunities in rural communities throughout the province.
In 2017 alone, more than $1 billion was exported in forestry products from New Brunswick to other parts of Canada and around the world.
These exports make up some of the most profitable industries in the entire province and are crucial for economic growth throughout rural areas.
New Brunswickers also produce a variety of agricultural products that are exported to other regions both domestically and internationally.
Dairy products such as cheese, butter, yogurt and ice cream are some of the most popular items produced in this sector, followed by grains like barley, wheat and oats as well as potatoes, carrots and onions.
In 2017 alone more than $350 million worth of agricultural goods were exported from New Brunswick to other parts of Canada or overseas destinations such as Asia or Europe.
Exports From New Brunswick
New Brunswick is an important contributor to Canada’s economic prosperity with its diverse range of exports ranging from seafood products like lobster to agricultural goods like dairy items or grains.
The maritime industry has long been a key driver for economic growth throughout rural areas while forestry remains one of the most profitable industries within New Brunswick itself.
With increasing demand for these goods both domestically and abroad, it’s certain that these industries will continue to be large contributors to not only local economies but also provincial ones as well!