Emerging Markets
Businesses in established and emerging sectors are waking up to New Brunswick's competitive advantages.
From digital health to cybersecurity to advanced manufacturing, the province’s location, infrastructure, research capacity, and talent pipeline are attracting a critical mass of businesses in key sectors like Agritech, energy innovation and ICT.
Forestry
The New Brunswick forest industry is comprised of many different mills that produce a wide range of products. The industry contributes about $1.5 billion annually to the province’s gross domestic product and is responsible for about 9,700 direct jobs and an additional 14,100 spinoff jobs.
In addition to domestic supply, about eighty percent of New Brunswick forest products are exported to the United States while other export markets include India, China, South and Central America, and the European Union.
Fishing
The commercial fisheries sector is a vital component of the social and economic fabric of the province, particularly in many rural coastal communities. The sector is backed by a world-class research network and modern processing facilities which make New Brunswick one of the largest exporters of fish and seafood products in the country.
Mining
New Brunswick is the largest exporter of mineral products in the Maritimes. The mineral sector contributes to job creation and economic prosperity within various communities in the province.
Construction
Construction in New Brunswick is an important sector encouraging infrastructure development and urban growth. The province has ongoing projects for roads, bridges, residential and commercial buildings and industrial spaces.
Manufacturing
Manufacturing plays a crucial role in New Brunswick's economy and includes a variety of sectors. The industry creates jobs and contributes to exports, bolstering the overall economic stability and prosperity of the province.
Food Services
Food services are an essential part of New Brunswick's economy, creating employment opportunities and supporting tourism. Seafood, including lobster, scallops, and various fish species, are a specialty of the province and showcases the region's proximity to the Atlantic Ocean.