Exports up in 2015

Québec, February 24, 2016 – Québec’s seasonally adjusted international exports in constant dollars at 2007 prices increased 4.1% and totalled $75.7 billion in 2015 (up 4.4% in Canada, totalling $482.6 billion). In December 2015, Québec exports were up 16.3% (up 2.9% in Canada). These figures on custom‑based international merchandise trade were released today by the Institut de la statistique du Québec.

Fourteen of the top 25 commodities exported by Québec posted gains in 2015. The most noteworthy gains were recorded by iron ores and concentrates, medium and heavy-duty trucks and chassis, as well as diesel fuel. On the other hand, the sharpest drops were posted by printed and integrated circuits, semiconductors, and printed circuit assemblies, basic and semi-finished non-ferrous metal products (except aluminum), and newsprint.

In December 2015, the strongest increases were registered by aircraft, commercial and service industry machinery, and iron ores and concentrates. Meanwhile, unwrought copper and copper alloys, other metal ores and concentrates not elsewhere classified and electricity recorded the sharpest drops.

Non-seasonally adjusted exports to the United States in current dollars were up 11.6% in 2015. Their share of Québec exports stood at 72.4%, up 2.5 percentage points from 2014. The main increases were recorded by aircraft, unwrought aluminum and aluminum alloys, and medium and heavy-duty trucks and chassis. Printed and integrated circuits, semiconductors, and printed circuit assemblies and unwrought copper and copper alloys were the only groups that posted a drop in 2015 among the top 10 products exported to the United States.

Exports to Europe declined 0.3% in 2015 and accounted for 12.0% of Québec exports, down 1.0 percentage point from 2014. The strongest increases were posted by iron ores and concentrates, diesel fuel and aircraft. Among the top 10 commodities exported to Europe, only unwrought aluminum and aluminum alloys and other metal ores and concentrates not elsewhere classified recorded a decline.

Exports to Asia increased by 2.5% in 2015 and accounted for 8.6% of Québec exports, down 0.4% from 2014. Unwrought copper and copper alloys, aircraft and commercial and service industry machinery posted the strongest gains. Among the 10 major commodities exported to Asia, only iron ores and concentrates declined.

Imports up in 2015

Québec’s seasonally adjusted international merchandise imports in constant dollars at 2007 prices rose 0.5% and totalled $79.3 billion in 2015 (up 0.1% in Canada, totalling $457.4 billion). In December 2015, Québec imports were up 5.3% (down 0.3% in Canada).

Fourteen of the top 25 products imported by Québec posted an increase in 2015. The largest increases were recorded by passenger cars, light-duty trucks, vans and SUVs, as well as lubricants and other petroleum refinery products. On the other hand, printed and integrated circuits, semiconductors, and printed circuit assemblies posted the most significant decline, followed by motor gasoline and aircraft parts and other aerospace equipment.

In December 2015, crude oil posted the most noteworthy gain, followed by motor gasoline and unwrought copper and copper alloys. Meanwhile, jet fuel, pharmaceutical and medicinal products and aircraft parts and other aerospace equipment registered the sharpest drops.

Non-seasonally adjusted imports from the United States in current dollars fell by 5.6% in 2015 and accounted for 38.1% of Québec imports, down 2.3 percentage points from 2014. The largest increases were posted by light-duty trucks, vans and SUVs, aircraft parts and other aerospace equipment, and passenger cars. Crude oil registered the sharpest drop, followed by motor gasoline and printed and integrated circuits, semiconductors, and printed circuit assemblies.

Imports from Europe were up 1.9% and accounted for 25.5% of Québec imports in 2015, up 0.5 percentage points compared with 2014. Aircraft posted the most significant gain, followed by passenger cars and aircraft parts and other aerospace equipment. On the other hand, the most important declines were registered by motor gasoline and crude oil.

Imports from Asia rose 12.9% in 2015 and accounted for 21.6% of Québec imports, up 2.5 percentage points from 2014. All of the top 10 commodities imported from Asia were up. The strongest increases were posted by women's clothing, light-duty trucks, vans and SUVs, and passenger cars.



The Institut de la statistique du Québec produces, analyses and disseminates official, objective and quality statistical information on various aspects of Québec society. It is the statistical coordinator for Québec and the relevance of its work makes it a strategic ally for decision makers and all those wishing to learn more about Québec.

Sources:

  • Karine St-Pierre
    Economist
    Phone: 418-691-2411, Ext. 3096
  • Information and Documentation Centre
    Phone: 418-691-2401
    or 1-800-463-4090 (toll free in Canada and the United States)
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