Manya Rathore
Research expert covering India
Forest products industry in Canada - statistics & facts
With the third largest forest area in the world at 367 million hectares, Canada鈥檚 forestry industry is one of the largest in the world and a key contributor to the country's economy. As of 2022, the real GDP of Canada鈥檚 forestry sector was 33.4 billion Canadian dollars, while the real GDP growth of Canada鈥檚 forestry industry was seven percent compared to the previous year, with British Columbia leading with the largest provincial forestry and logging industry GDP as of 2024. Amidst record areas of Canadian forest land burned by forest fires impacting Canada鈥檚 forest resources recent years, the planted forest area has steadily increased from seven million hectares in 1995 to 19 million hectares in 2022.
