New Brunswick

Overview In August 2024 New Brunswick exported C$1.41B and imported C$1.47B, resulting in a negative trade balance of C$56.6M. Between August 2023 and August 2024 the exports of New Brunswick have decreased by $-185M (-11.6%) from C$1.59B to C$1.41B, while imports decreased by C$-246M (-14.4%) from C$1.71B to C$1.47B.

Trade In August 2024, the top exports of New Brunswick were Refined Petroleum (C$752M), Petroleum Coke (C$93.5M), Crustaceans (C$86.9M), Sawn Wood (C$47M), and Processed Crustaceans (C$36.4M). In August 2024 the top imports of New Brunswick were Crude Petroleum (C$920M), Crustaceans (C$64.6M), Refined Petroleum (C$50.9M), Planes, Helicopters, and/or Spacecraft (C$32.2M), and Tractors (C$32.1M).

Destinations In August 2024, New Brunswick exported mostly to United States (C$1.23B), United Kingdom (C$49.9M), Saint Kitts, Nevis and Anguilla (C$35.4M), China (C$19.3M), and India (C$13.9M), and imported mostly from United States (C$856M), Saudi Arabia (C$209M), Nigeria (C$115M), Cote d'Ivoire (C$77.2M), and France (C$35.2M).

Growth In August 2024, the decrease in New Brunswick's year-by-year exports was explained primarily by an decrease in exports to United States (C$-271M or -18.1%), China (C$-4.14M or -17.7%), and Turkey (C$-3.88M or -99%), and product exports decrease in Refined Petroleum (C$-180M or -19.3%), Non-fillet Fresh Fish (C$-20.1M or -69.9%), and Electricity (C$-15.7M or -46.4%). In August 2024, the decrease in New Brunswick's year-by-year imports was explained primarily by an decrease in imports from United States (C$-172M or -16.7%), Nigeria (C$-136M or -54.2%), and Colombia (C$-108M or -87.1%), and product imports decrease in Crude Petroleum (C$-205M or -18.2%), Refined Petroleum (C$-79.7M or -61%), and Petroleum Gas (C$-19.5M or -56.9%).