Québec, December 18, 2024. – Québec’s international merchandise exports, seasonally adjusted and in constant dollars, were down 1.5% in October 2024 from the previous month (+0.1% in September). 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 are unwrought gold, silver, and platinum group metals, and their alloys (-61.7%), light-duty trucks, vans and sport utility vehicles, without electric motor (-26.9%), commercial and service industry machinery and equipment (-46.3%), and aircraft (-6.9%).
The products whose exports increased in October include oilseeds (except canola) (+231.1%), nickel ores and concentrates, which had no exports in September, heavy fuel oils (+334.6%), and unwrought copper and copper alloys (+59.3%).
Exports in the first ten months of 2024 were up 2.9% compared with the same months of 2023.
Important notice about the December 18, 2024 release
In the release of its international merchandise trade statistics for October 2024, Statistics Canada states that there are delays in the receipt of import data due to the implementation of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) system. These delays are impacting the completeness of import statistics for the reference month of October. Given these temporary issues, import data are not presented for October. Statistics Canada expects the situation to return to normal within the next few months. For more information, see the Note to readers: www150.statcan.gc.ca/n1/daily-quotidien/241205/dq241205a-eng.htm.
The situation in Canada
According to data published by Statistics Canada on December 5, 2024, Canada’s seasonally adjusted merchandise exports in constant dollars were up 0.6% in October 2024 from the previous month.
For the first ten months of 2024, Canada’s merchandise exports rose by 0.4% compared with the same months of 2023.
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International merchandise exports and imports1 |
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| 2023 | 2024 | ||||||
| Annual change | Monthly change | Cumulative change2 | |||||
| September | October | ||||||
| Québec | |||||||
| Exports | 3.3 | 0.1 | –1.5 | 2.9 | |||
| Imports | –2.1 | –3.0 | .. | .. | |||
| Canada | |||||||
| Exports | 5.8 | 2.7 | 0.6 | 0.4 | |||
| Imports | –1.1 | –1.0 | .. | .. | |||
|
.. Data not available Sources |
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Useful links
- International trade (monthly data)
- International Trade Data Online: A tool for generating customized reports
Next release: January 21, 2025
For 25 years, the Institut de la statistique du Québec has been producing, analyzing, and disseminating official, objective and high-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 an essential source of information for all those wishing to learn more about Québec.