Overview This page contains the latest international trade data for New Brunswick. In November 2021 New Brunswick was the number 8 in total exports and the number 7 in total imports.

Exports In 2020, Canada's New Brunswick exported C$ 10.3B, making it the 8th largest exporter out of the 13 exporters in Canada. In 2020 the top exports of New Brunswick were Petroleum spirit for motor vehicles (C$ 2.74B), Light petroleum distillates nes (C$ 1.85B), Wood; coniferous species, other than of... (C$ 626M), Petroleum bitumen (C$ 436M), and Lobsters (Homarus) frozen (C$ 399M).

Imports In 2020, Canada's New Brunswick imported C$ 9.1B, making it the 7th largest importer out of the 13 importers in Canada. In 2020 top imports of New Brunswick were Petroleum oils, oils from bituminous minerals,... (C$ 5.16B), Crustaceans; live, fresh or chilled, lobsters... (C$ 275M), Petroleum spirit for motor vehicles (C$ 249M), Natural gas in gaseous state (C$ 236M), and Natural gas, liquefied (C$ 196M).

Economic Complexity In 2020, the highest complexity exports of New Brunswick according to the product complexity index (PCI) are Newsprint (1.13), Central Heating Boilers (0.9), Other Uncoated Paper (0.49), Uncoated Paper (0.4), and Dissolving Grades Chemical Woodpulp (0.35). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2020): United States, C$ 9.37B

Top Product (2020): Petroleum spirit for motor vehicles, C$ 2.74B

In 2020 the top export destinations of New Brunswick were United States (C$ 9.37B), China (C$ 144M), India (C$ 71.5M), Italy (C$ 60.9M), and Japan (C$ 60.1M).

In 2020 the top exports of New Brunswick were Petroleum spirit for motor vehicles (C$ 2.74B), Light petroleum distillates nes (C$ 1.85B), Wood; coniferous species, other than of... (C$ 626M), Petroleum bitumen (C$ 436M), and Lobsters (Homarus) frozen (C$ 399M).

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Exports Dynamics

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Fastest Growing Exports Destination (Nov 2020 - Nov 2021)

Rapidly Declining Export Origins (Nov 2020 - Nov 2021)

Yearly Imports

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Top Origin (2020): United States, C$ 5.23B

Top Import (2020): Petroleum oils, oils from bituminous minerals,..., C$ 5.16B

In 2020 the top import origins of New Brunswick were United States (C$ 5.23B), Saudi Arabia (C$ 1.37B), Nigeria (C$ 611M), Norway (C$ 296M), and China (C$ 225M).

In 2020 the top imports of New Brunswick were Petroleum oils, oils from bituminous minerals,... (C$ 5.16B), Crustaceans; live, fresh or chilled, lobsters... (C$ 275M), Petroleum spirit for motor vehicles (C$ 249M), Natural gas in gaseous state (C$ 236M), and Natural gas, liquefied (C$ 196M).

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Imports Dynamics

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Fastest Growing Import Origins (Nov 2020 - Nov 2021)

Rapidly Declining Import Origins (Nov 2020 - Nov 2021)

Economic Complexity

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Economic Complexity of Canada

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Economic Complexity (2020): -0.42

New Brunswick ranks 8th out of the 13 provinces in Canada according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Economic Complexity Ranking

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The economic complexity of a territory can change year to year. New Brunswick it is in position 8th considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were New Brunswick already has a comparative advantage, are led by Rough Wood (0.11), Non-fillet Frozen Fish (0.11), Shaped Wood (0.11), Animal Meal and Pellets (0.11), and Gravel and Crushed Stone (0.11).

Most Complex Products by PCI

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The highest complexity exports of New Brunswick according to the product complexity index (PCI) are Newsprint (1.13), Central Heating Boilers (0.9), Other Uncoated Paper (0.49), Uncoated Paper (0.4), and Dissolving Grades Chemical Woodpulp (0.35). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Sulfite Chemical Woodpulp (556.4), Peat (129.7), Asphalt (94.5), Dissolving Grades Chemical Woodpulp (70.8), and Crustaceans (48.3).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since New Brunswick is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  New Brunswick. These are products that tend to be co-exported with the products that New Brunswick exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.