The provincial government recently published data on the value of exports in 2023. After surging in 2021-22 following the partial shut-down of economic activity during the COVID-19 pandemic, B.C.’s exports fell markedly in dollar terms last year. In 2023, the value of merchandise exports came in at $56.2 billion, compared to $65 billion in 2022, when the province’s export receipts were boosted by soaring energy prices together with generally buoyant non-energy commodity markets.
Examining the composition of B.C.’s international exports yields important information regarding the industry sectors where we enjoy a degree of comparative advantage within the North American and wider global market contexts. Averaged over the two-year period
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