Québec’s international exports down in 2016

Québec, February 28, 2017 – Québec’s seasonally adjusted international exports in constant dollars at 2007 prices dropped 2.4% in 2016 to $74.billion (up 1.0% in Canada for a value of $489.1 billion). However, in December 2016, Québec exports rose 4.8% (down 4.5% in Canada). These figures on international merchandise trade were released today by the Institut de la statistique du Québec.

Twelve of the top 25 products exported by Québec posted gains in November 2016. The sharpest increase came from commercial and service industry machinery, including flight training ground aircraft, followed by softwood lumber and fresh and frozen pork. Conversely, the most significant decline was reported for aircraft, followed by unwrought aluminum and aluminium alloys, and iron ores and concentrates. 
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In December 2016, aircraft posted the biggest increase, followed by diesel and commercial and service industry machinery. The sharpest declines were reported for iron ores and concentrates, electricity, and unwrought aluminium and aluminium alloys.

Non-seasonally adjusted exports to the United States in current dollars were down 4.0% in 2016. Their share of Québec exports was 71.1%, down 1.4 percentage points compared to 2015. The biggest increases came from softwood lumber and pharmaceutical and medicinal products. Conversely, the most significant declines were in aircraft, unwrought aluminium and aluminium alloys, and unwrought copper and copper alloys.

Exports to Europe were up 9.5% in 2016. Their share of Québec exports was 13.4%, up 1.4 percentage points compared to the previous year. Aircraft posted the strongest gain, followed by aircraft parts and other aerospace equipment, and iron ores and concentrates. Diesel posted the greatest decline among the top ten products exported to Europe.

Exports to Asia were down 0.6% and accounted for 8.7% of Québec exports, a share 0.1 percentage points higher than in 2015. Fresh and frozen pork posted the most significant increase, followed by iron ores and concentrates and passenger cars. Conversely, aircraft reported the steepest downturn, followed by commercial and service industry machinery, and oilseeds (except canola).

Québec imports drop in 2016

Québec’s seasonally adjusted international imports in constant dollars at 2007 prices dropped 3.4% in 2016 to $77.3 billion (up 0.6% in Canada for a value of $455.2 billion). In December 2016, Québec imports were down 2.9% (down 0.2% in Canada).

Seven of the top 25 products imported by Québec posted an increase in 2016. The sharpest increase came from motor gasoline, followed by light-duty trucks, vans and SUVs, and passenger cars. Conversely, crude oil reported the sharpest downturn, followed by plastic resins and aircraft parts and other aerospace equipment.

In December 2016, the strongest increase came from printed and integrated circuits, semiconductors and printed circuit assemblies. Conversely, passenger cars, jet fuel, and bauxite and aluminium oxide accounted for the sharpest drops in December 2016.

Non-seasonally adjusted imports from the United States in constant dollars were down 12.4% in 2016. Their share of Québec imports was 35.2%, down 3.2 percentage points compared to the previous year. Light-duty trucks, vans and SUVs posted the most significant increase, followed by waste and scrap of non-ferrous metals, primarily those containing gold, and aircraft parts and other aerospace equipment. Conversely, crude oil posted the biggest downturn, followed by medium- and heavy-duty trucks and chassis, and passenger cars.

Imports from Europe were up 1.5% in 2016, accounting for 26.8% of Québec imports, a share up 1.6 percentage points compared to 2015. The biggest increases came from pharmaceutical and medicinal products, unwrought precious metals and precious metal alloys, and motor gasoline. The sharpest drop was due to crude oil.

Imports from Asia were up 0.8% in 2016, accounting for 22.6% of Québec imports, up 1.2 percentage points compared to 2015. Jet fuel posted the sharpest gain, followed by passenger cars and light trucks, vans and SUVs. Conversely, aircraft parts and other aerospace equipment reported the sharpest drop, followed by shoes, and printed and integrated circuits, semiconductors and printed circuit assemblies.

 


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

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