Are you in the search of warehouse spaces for rent in New Brunswick? Explore the listings above and use our custom search features to discover the best spaces.New Brunswick is a province located in Eastern Canada. It is one of the four Atlantic provinces and is known for its natural beauty and diverse range of industries. The main industries in New Brunswick are manufacturing, tourism, forestry, fisheries, and energy. The province has experienced an increase in population and economic growth over the past decade, particularly in the manufacturing industry.
The manufacturing industry is the largest employer in New Brunswick, accounting for nearly one third of the province's total employment. The industry produces a wide range of products, including medical, electronic, and automotive components. The industry has experienced significant growth over the past decade due to increased investment and technological advances. In 2021, the manufacturing sector contributed $3.1 billion canadian dollars to the provincial economy.
(https://www.statista.com/statistics/607686/gdp-of-new-brunswick-canada-by-industry/)
The tourism industry is also an important part of the New Brunswick economy. The province's stunning natural beauty and coastline draw visitors from around the world. In 2019, the tourism industry contributed $1.1 billion to the provincial economy. The industry has experienced significant growth over the past decade, with the number of visitors to the province increasing by more than 20% since 2010.
The forestry sector is another key industry in New Brunswick. The province is home to several large forestry companies, which produce a wide range of products, including pulp and paper, building materials, and lumber. In 2019, the forestry sector contributed $1.8 billion to the provincial economy.
The fisheries industry is also an important part of the New Brunswick economy. The province is home to several large fisheries, which produce a wide range of products, including lobster, crab, and scallops. In 2019, the fisheries sector contributed $1.1 billion to the provincial economy.
The energy sector is another key industry in New Brunswick, with the province producing a significant amount of energy from natural gas and petroleum. In 2019, the energy sector contributed $1.2 billion to the provincial economy.
New Brunswick's economy has experienced steady growth over the past decade, with the province's GDP increasing by an average of 1.3% annually between 2010 and 2019. The province's GDP per capita is also lower than the Canadian average, with New Brunswick's GDP per capita in 2021 standing at $$53,907, which is significantly lower than the national average of $65,651.
(https://www.wikiwand.com/en/List_of_Canadian_provinces_and_territories_by_gross_domestic_product#GDP_and_per_capita_GDP,_2021)
Overall, the main industries in New Brunswick are manufacturing, tourism, forestry, fisheries, and energy. These industries have experienced significant growth over the past decade.