By 2028, New Brunswick will have at least 1,080 firms
participating in foreign export trade.
Over the last decade, there has been a minor variation in the number of New Brunswick businesses participating in foreign markets.
The province has not seen any clear, long-term upward or downward trends between 2012 and 2019, during which amounts fluctuated only slightly.
Foreign export trade both grows New Brunswick’s economy and expands the global market. The greater New Brunswick exports, the greater the production, jobs, and revenue. This leads to
a higher GDP, increasing the wealth of the province.
As outlined in OneNS, Nova Scotia has set a goal to increase the number of firms participating in international export trade by 50% of its 2012 total. If New Brunswick adopts a similar strategy
and uses 2014 as a baseline year, the province would aim to increase the number of firms from 718 (the 2014 total) to 1,080 by 2028.