PEI Export Growth
PEI is experiencing an exciting period of export growth. International export of goods increased 22 per cent in 2014 to $1.12 billion-the first time our exports surpassed the one-billion-dollar mark. In 2015, we saw a further increase of more than 15 per cent, the fastest growth in the country and a new all-time high. Frozen foods and seafood products made up almost 36% of total international goods exports. Aerospace manufacturing and repair, one of our fastest growing export sectors makes up 20 percent of exports.
Diversification in export products and markets has also become a notable factor of the PEI economy. The ability of Island businesses to innovate, attract investment and enter new markets helps mitigate risks to our economy and has supported recent growth.
|200410 - Potatoes, Frozen - Prepared/Preserved Without Vinegar/Acetic Acid||
|030612 - Lobsters, (Homarus Spp) - Frozen||$130,499,000|
|070190 - Potatoes - Fresh or Chilled Except Seed||$63,158,000|
|841191 - Parts of Turbo-Jets or Turbo-Propellers||$50,671,000|
|160530 - Lobsters - Prepared or Preserved||$48,126,000|
|841121 - Turbo-Propellers Power Not Exceeding 1,100 Kw||$40,718,000|
|841122 - Turbo Propellers Power Exceeding 1,100 Kw||$40,706,000|
|030731 - Mussels - Live, Fresh or Chilled||$37,859,000|
|382200 - Composite Diagnostic or Laboratory Reagents,Nes (Excl Those from Blood, Antisera and Microbes)||$35,718,000|
|853720 - Boards and Panels (Including Numerical Control Panels) - For Voltage Exceeding 1,000 V||$30,247,000|
Data Source: Trade Data Online, Statistics Canada and US Census
|France (Incl. Monaco, Fr. Antilles)||40.7|
|Papua New Guinea||22.2|
|Total - ALL||1,302.3|
|Data Source: Trade Data Online, Statistics Canada and US Census|
You can find additional, searchable year-to-date and historical export statistics by export markets, industries or specific products through the federal government’s Trade Data Online.