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    Québec’s international merchandise exports down in September 2023

    Québec, November 21, 2023. – Québec’s international merchandise exports, seasonally adjusted and in constant dollars, were down 0.9% in September 2023 from the previous month. This finding comes from an analysis of the most recent data on Québec’s international merchandise trade released today by the Institut de la statistique du Québec.

    The products that contributed the most to this monthly decrease were iron ores and concentrates (-32.4%), pharmaceutical and medicinal products (-37.4%), heavy fuel oils (-52.8%), and unwrought copper and copper alloys (-30.8%).

    Some of the products whose exports increased in September include commercial and service industry machinery and equipment (+54.7%), other metal ores and concentrates not elsewhere classified (+88.7%), unwrought aluminum and aluminum alloys (+6.1%), and basic and semi-finished products of non-ferrous metals and non-ferrous metal alloys (except gold, silver, platinum group metals and aluminum) (+32.9%).

    Exports in the first nine months of 2023 were up 2.0% compared with the same months of 2022.

    Québec’s international merchandise imports down in September 2023

    Québec’s international merchandise imports, seasonally adjusted and in constant dollars, were down 6.4% in September from August 2023.

    The products that contributed the most to the decrease in imports were conventional crude oil (-34.5%), unwrought gold, silver, and platinum group metals and their alloys (-75.1%), aircraft (-94.4%), and aircraft parts and other aerospace equipment (-10.4%).

    In contrast, imports of certain products were up in September. This was the case for light-duty trucks, vans and sport utility vehicles (+8.6%), basic and semi-finished products of non-ferrous metals and non-ferrous metal alloys (except gold, silver, platinum group metals and aluminum) (+60.9%), sugar and sugar mill by-products (+74.3%), and unwrought copper and copper alloys (+73.4%).

    Imports in the first nine months of 2023 were down 1.3% compared with the same months of 2022.

    The situation in Canada

    According to data published by Statistics Canada on November 7, 2023, Canada’s seasonally adjusted merchandise exports in constant dollars increased by 0.3% in September 2023 from the previous month. Meanwhile, imports were up 1.4%.

    For the first nine months of 2023, Canada’s merchandise exports were up 5.8% compared with the same months of 2022, while imports decreased by 1.1%.

    International merchandise exports and imports1 (percentage change)


      2022   2023
     
     
      Annual change   Monthly change2 Cumulative change 2,3
         
     
          August September  

    Québec
    Exports 4.1   – 4.5 – 0.9 2.0
    Imports 5.7   5.4 – 6.4 – 1.3
     
    Canada
    Exports 1.6   0.7 0.3 5.8
    Imports 6.8   0.6 1.4 – 1.1

    1. In constant dollars, at 2012 pieces.
    2. Seasonally adjusted data.
    3. First nine months of 2023 compared with the same period in 2022.
    Sources : Institut de la statistique du Québec and Statistics Canada.

    Useful links

    International trade – Monthly data

    International Trade Data Online: A tool for generating customized reports

    Next release: December 19, 2023


    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 conducting 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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    Phone: 418-691-2401
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    E-mail: cid@stat.gouv.qc.ca

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