Prince Edward Island had sold $1.12 billion worth of goods to markets outside of Canada last year. Never before has the Island exported a billion dollars in a single year.
“The value of Prince Edward Island’s exports increased by 22 per cent from 2013 to 2014. This is a phenomenal achievement by our province’s business community,” said Premier Wade MacLauchlan. “We must build on this success and continue to close the gap between Island imports and exports by supporting entrepreneurs and increasing our competitiveness.”
Exports of farm products and seafood remain the Island’s largest export area, with advanced manufacturing – including aerospace and electronics – being the second most active export group.
The most important market for Island exports was the United States, followed by South Korea, France and the United Kingdom.
The province’s business community is achieving success in traditional markets and new ones by providing both quality and innovation.
Businesses interested in exploring opportunities for export can find information at tradeteampei.com.
Information on Innovation P.E.I. programs and services for business is at www.innovationpei.com.