Government Aiming to Increase British Columbia Food Exports

Government Aiming to Increase British Columbia Food Exports

November 21, 2018 Posted by Noor Subeh

British Columbia exported a record-breaking $3.9 billion worth of agrifood and seafood products to 157 markets in 2017. Canada and British Columbia governments are now helping food producers and processors increase exports to other parts of Canada and around the globe through the $5-million B.C. Agrifood and Seafood Market Development Program.
 
The B.C. Agrifood and Seafood Market Development Program provides federal and provincial government cost-shared funding support for B.C.’s agriculture, food and seafood sectors to undertake domestic and international export market development projects and activities. The program supports the development of marketing strategies, market research and export-focused promotional materials, as well as participation in export-focused market development activities such as international trade shows.
 
From helping companies begin the export process to guiding experienced exporters to reach new markets, the B.C. Agrifood and Seafood Market Development Program is designed to support businesses in British Columbia at all stages of export development. The program is open for applications and will run until March 2023.
 
In 2017, 90% of British Columbia's agrifood export value was generated by five markets: the United States, China, Japan, South Korea and Hong Kong. With a 72% share, the United States was British Columbia’s largest export market in 2017, worth $2.8 billion. International markets with significant growth from 2016 to 2017 included: Singapore doubling to nearly $29 million, the Philippines up 35% to nearly $27 million and Hong Kong up 22% to nearly $67 million.
 
The B.C. Agrifood and Seafood Market Development Program is part of the five-year Canadian Agricultural Partnership, a $3-billion federal-provincial-territorial investment that includes $2 billion in cost-shared strategic initiatives delivered by the provinces and territories and $1 billion for federal programs and services. It will help companies deliver more of their world-class products to consumers in Canada and abroad and contribute to the Government of British Columbia’s goal of reaching $75 billion in exports by 2025.
 
At Trade and Invest British Columbia, we offer assistance to export-ready firms in British Columbia through local support and a network of trade and investment offices around the world. We create and strengthen business contacts through industry-specific trade missions. To learn more, visit our website or connect with us on LinkedIn and Twitter. Alternatively, contact one of our International Trade and Investment Representatives to find out more about export opportunities.
 
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