Québec, November 18, 2015 – Québec’s seasonally-adjusted international exports in constant dollars at 2007 prices increased 9.0% in September 2015 (up 2.4% in Canada). The cumulative export volume for the first nine months of 2015 was 5.3% higher than for the same period in 2014 (4.9% higher in Canada). These figures on international merchandise trade were released today by the Institut de la statistique du Québec.
Thirteen of the top 25 products exported by Québec posted gains in September. The largest gain was seen in the export of aircraft, followed by unwrought copper and copper alloys and pharmaceutical and medicinal products. The largest decreases were observed in iron ores and concentrates, heavy-duty and medium trucks and chassis, and unwrought and semi-finished non-ferrous metals, excluding aluminum.
Non-seasonally adjusted exports to the United States in current dollars increased by 7.7% in September 2015, and comprised 71.9% of Québec exports. The main gains were seen in aircraft, unwrought precious metals and precious metal alloys, and pharmaceutical and medicinal products. The greatest decreases were observed in electricity, unwrought aluminum and aluminum alloys, and medium and heavy-duty trucks and chassis
Exports to Europe increased by 36.6% and accounted for 11.8% of Québec exports. The most significant gain was seen in aircraft, followed by iron ores and concentrates, and copper ores and concentrates. Among the top 10 products exported to Europe, only nickel ores and concentrates and unwrought aluminum and aluminum alloys showed decreases.
Exports to Asia increased 33.9% and they accounted for 9.4% of Québec exports. The highest increases were seen in unwrought copper and copper alloys, aircraft, and commercial and service industry machinery. The greatest decline was observed in iron ores and concentrates, followed by newsprint.
Imports decreased in September 2015
Québec’s seasonally adjusted international merchandise imports in constant dollars at 2007 prices fell 5.1% in September 2015 (down 1.3% in Canada). However, the cumulative import volume for the first nine months of 2015 was 1.6% higher than that observed in the corresponding period of 2014 (in Canada, 1.7% higher).
Among the 25 main products imported to Québec, 12 posted gains in September. Passenger cars showed the greatest increase, followed by lubricants and other petroleum refinery products, and pharmaceutical and medicinal products. In contrast, crude oil showed the greatest decline, followed by unwrought copper and copper alloys, aircraft parts and other aerospace equipment.
Non-seasonally adjusted imports from the United States in current dollars fell by 2.7%, and accounted for 36.2% of Québec imports. Among the top 10 imports from the U.S., only motor gasoline showed a significant increase. The greatest declines were observed in light-duty trucks, vans and SUVs, crude oil and aircraft engines.
Imports from Europe decreased 1.5%, and accounted for 25.5% of Québec imports. The largest increase was observed in crude oil, passenger cars, and printed and integrated circuits, semiconductors, and printed circuit assemblies. In contrast, the greatest decline was observed in motor gasoline, followed by pharmaceutical and medicinal products.
Imports from Asia increased 3.1%, and comprised 24.4% of Québec imports. The highest increases were observed in jet fuel, and printed and integrated circuits, semiconductors, and printed circuit assemblies. Declines were seen in aircraft parts and other aerospace equipment, computers and computer peripheral equipment, and women’s clothing.
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