Geography plays a powerful role in determining Atlantic Canada’s trading partners, but local production and international relations can also affect the trade outlook in any given year. In 2020, while total trade was off, well-known trade relationships of recent years remained, according to available data.

Exact dollar figures can be tricky and, as Statistics Canada reminded us, are often misrepresented given the number of factors at play. Still, it’s not hard to see and appreciate the wealth of cross-border trade between New Brunswick and the United States, for example, or the oil and gas imports to New Brunswick from countries including the U.S., Nigeria, Saudi Arabia and Norway (New Brunswick, in turn, exports refined petroleum products).

Continue reading this story: click below to login/subscribe

Login or Subscribe