NO LONGER DERISIVELY KNOWN AS HEWERS OF WOOD AND DRAWERS OF WATER, Atlantic Canadians are making strides in international markets. The latest numbers (based on 2017 import/export activity) tell a compelling and sometimes surprising story.
Sources: Statistics Canada; Government of Canada, Trade Data Online
The market worth of all imports to Atlantic Canada from international markets was $23.7 billion in 2017. The top 15 origins of imports accounted for more than 80 per cent of the overall value.
What are we buying—from where?
Based on the value of commodities and products acquired, the top importing industries in Atlantic Canada ranked differently in prominence for each of the top five international sellers.
In 2017, the market worth of all exports from Atlantic Canada to international markets stood at $29.9 billion. The top five export destinations (U.S., China, U.K., Netherlands & Japan) accounted for more than 80 per cent of the overall value.
The big picture
Atlantic Canada sports a positive trade balance with the rest of the world, historically exporting more (in value) than it imports
Give and take
The five most active export and import industries for the region, in descending order of value produced.