Value of B.C. exports dropped by a quarter in 2009
“There was a 24.3% decline in the value of British Columbia-origin exports in 2009 compared with 2008. With the exception of Mainland China (28.7%), exports to every other major destination fell. Shipments to the United States dropped 27.1% and exports to Japan slumped 31.2%.”
– BCStats Infoline, issue 10-06, February 12
Coal displaces lumber as B.C.’s leading export
“Virtually all major commodity categories saw a drop in the value of exports last year. Shipment of solid-wood products declined 23.7%, including a 23.8% drop in exports of softwood lumber, which, prior to 2008, was B.C.’s top export. Lumber now ranks second, behind coal. Overall exports of energy products fell 30.3% as shipments of electricity (-56.8%) and natural gas (-41.8%) also plunged.”
– BCStats Infoline, issue 10-06, February 12
Vehicle sales dropped 15% last year
“A total of 153,091 new cars, trucks and vans were driven off B.C. car lots last year, 15.9% fewer than in 2008.”
– BCStats Infoline, issue 10-06, February 12
This article from Business in Vancouver February 23-March 1, 2010; issue 1061
Business in Vancouver (www.biv.com) has been publishing in-depth local business news, analysis and commentary since 1989. The newspaper also produces a weekly ranked list of the biggest companies and players in a wide range of B.C. industries and commercial sectors, monthly features and industry-focused sections that arm its subscribers with a complete package of local business intelligence each week.
