Québec, June 17, 2015 – Québec’s seasonally adjusted international exports in constant dollars at 2007 prices dropped 3.6% in April 2015 (stable in Canada). The cumulative export volume for the first four months of 2015 was 8.9% above its level for the corresponding months of 2014 (up 6.8% in Canada). These figures on international merchandise trade were released today by the Institut de la statistique du Québec.
Nine of the top 25 commodity groups exported by Québec posted an increase in April 2015. The largest increases were recorded by unwrought aluminum and aluminum alloys and electricity. In contrast, aircraft posted the sharpest drop, followed by unwrought copper and copper alloys and light fuel oils.
Non-seasonally adjusted exports to the United States in current dollars were down 8.6% and accounted for 72.7% of Québec exports. Among the top ten commodities exported to the United States, only diesel fuel and medium and heavy-duty trucks and chassis posted gains. Aircraft posted the largest decline, followed by unwrought copper and copper alloys and electricity.
Exports to Europe fell 25.9% and accounted for 11.8% of Québec exports. The main decrease was posted by aircraft, followed by iron ores and concentrates and aircraft parts and other aerospace equipment.
Exports to Asia dropped 11.3% and accounted for 8.0% of Québec exports. Among the 10 major commodities, wood pulp, aircraft engines and iron ores and concentrates posted gains. On the other hand, the sharpest declines were recorded by aircraft, commercial and service industry machinery, and newsprint.
Québec’s seasonally adjusted international merchandise imports in constant dollars at 2007 prices edged down 1.6% in April 2015 (down 1.4% in Canada). However, the cumulative import volume for the first four months of 2015 was 0.8% above its level for the corresponding months of 2014 (up 3.7% in Canada).
Twelve of the top 25 products imported by Québec posted an increase in April 2015. Motor gasoline recorded the strongest increase, followed by bauxite and aluminum oxide, and light-duty trucks, vans and SUVs. Crude oil posted the largest drop, followed by aircraft parts and other aerospace equipment, and pharmaceutical and medicinal products.
Non-seasonally adjusted imports from the United States in current dollars were down 6.2% and accounted for 37.8% of Québec imports. Among the main commodities imported from the United States, jet fuel, other basic organic chemicals, and light-duty trucks, vans and SUVs recorded increases. On the other hand, the sharpest drops were posted by aircraft parts and other aerospace equipment, printed and integrated circuits, semiconductors, and circuit assemblies, and medium and heavy-duty trucks and chassis.
Imports from Europe rose 17.2% and accounted for 27.8% of Québec imports. The strongest gains were made by crude oil, ships and motor gasoline. Aircraft parts and other aerospace equipment and pharmaceutical and medicinal products recorded the sharpest declines.
Imports from Asia declined 7.8% and accounted for 20.1% of Québec imports. Among the top ten commodities imported from Asia, only light-duty trucks, vans and SUVs posted gains. On the other hand, aircraft parts, computers and computer peripheral equipment, and passenger cars recorded the sharpest drops.
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