Québec, January 20, 2022. – Québec’s international merchandise exports, seasonally adjusted and in constant dollars, were up 10.3% in November 2021 from October. This finding comes from an analysis of the most recent of Québec’s international merchandise trade data released today by the Institut de la statistique du Québec.
The products that contributed the most to this monthly increase were heavy fuel oils (+166.2%), aircraft (+23.3%), unwrought aluminum and aluminum alloys (+14.8%), and iron ores and concentrates (+19.1%).
Products whose exports declined in November include lubricants and other petroleum refinery products (-90.7%), aircraft engines (-6.5%), unwrought copper and copper alloys (-9.9%), as well as other industrial machinery and equipment not elsewhere classified (-24.9%).
For the first eleven months of 2021, Québec’s international merchandise exports were up 3.9% from the same months in 2020.
Québec’s international merchandise imports down in November 2021
Québec’s international merchandise imports, seasonally adjusted and in constant dollars, were down 5.5% in November from October 2021.
The products that contributed the most to the drop in imports in November were conventional crude oil (-40.8%), motor gasoline (including blending components and ethanol fuel) (-25.2%), aircraft parts and other aerospace equipment (-18.5%), and passenger cars and chassis (-11.4%).
On the other hand, imports were up for certain products, including lubricants and other petroleum refinery products (+349.2%), aircraft (+277.2%), unwrought gold, silver, and platinum group metals and their alloys (+157.6%), and pharmaceutical and medicinal products (+9.4%).
For the first eleven months of 2021, Québec’s international merchandise imports grew 11.1% compared with the same months in 2020.
The situation in Canada
According to data published by Statistics Canada on January 6, 2022, Canada’s seasonally adjusted merchandise exports in constant dollars increased by 9.2% in November from October 2021, while imports were up by 1.4%.
For the first eleven months of 2021, compared with the same period last year, Canada’s merchandise exports and imports increased by 1.5% and 9.3%, respectively.
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International merchandise exports and imports1 (percentage change) |
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| 2020 | 2021 | ||||
| Annual change | Monthly change2 | Cumulative change2,3 | |||
| October | November | ||||
| Québec | |||||
| Exports | -8.1 | -0.6 | 10.3 | 3.9 | |
| Imports | -14.8 | 11.7 | -5.5 | 11.1 | |
| Canada | |||||
| Exports | -6.5 | 1.2 | 9.2 | 1.5 | |
| Imports | -9.2 | 7.6 | 1.4 | 9.3 | |
|
1. In constant dollars, at 2012 prices. |
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Useful links
- International trade – Monthly data
- International Trade Data Online: A tool for generating customized reports
Next release: February 25, 2022
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.