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    Québec’s international merchandise exports down in April 2022

    Québec, June 21, 2022. – Québec’s international merchandise exports, seasonally adjusted and in constant dollars, were down 2.9% from March 2022. This was revealed in an analysis of Québec’s most recent international merchandise trade data released today by the Institut de la statistique du Québec.

    The products that contributed the most to this monthly decrease were aircraft (-74.4%), light fuel oils (-98.3%), and pharmaceutical and medicinal products
    (-19.2%).

    The products whose exports increased in April include unwrought aluminum and aluminum alloys (+17.8%), commercial and service industry machinery and equipment (+111.3%), iron ores and concentrates (+14.7%), as well as other transportation equipment (+189.9%).

    Exports in the first four months of 2022 were down 1.7% compared with the same months of 2021.

    Québec’s international merchandise imports up in April 2022

    Québec’s international merchandise imports, seasonally adjusted and in constant dollars, were up 3.2% in April 2022 from the previous month.

    The products that contributed the most to this increase in imports were unwrought gold, silver, and platinum group metals and their alloys (whose exports in March were very low), motor gasoline (including blending components and ethanol fuel) (+22.2%), other metal ores and concentrates not elsewhere classified (whose exports in March were also relatively low), and women’s clothing (+26.8%). 

    However, imports of certain products declined. This was the case for lubricants and other petroleum refinery products (-82.2%), aviation fuel (-55.3%), copper ores and concentrates (-71.3%), and conventional crude oil (-13.0%).

    Imports in the first four months of 2022 were down 2.5% from the same months of 2021.

    The situation in Canada

    According to data published by Statistics Canada on June 7, 2022, Canada’s seasonally adjusted merchandise exports in constant dollars decreased by 1.3% in April 2022 from the previous month. Canada’s merchandise imports declined by 0.4%.

    For the first four months of 2022, Canada’s merchandise exports were down 2.0%, while imports increased by 4.6% compared with the same months of 2021.

    International merchandise exports and imports1 (percentage change)


      2021   2022
     
     
      Annual change   Monthly change2 Cumulative change2,3
         
     
          March April  

    Québec
    Exports 3.1   0.4 -2.9 -1.7
    Imports 11.2   6.7 3.2 -2.5
     
    Canada
    Exports 1.2   2.8 -1.3 -2.0
    Imports 9.3   7.3 -0.4 4.6

    1. In constant dollars, at 2012 prices.
    2. Seasonally adjusted.
    3. First four months of 2022 compared with the same months of 2021.
    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: July 21, 2022


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