Québec’s international merchandise exports and imports up in the fourth quarter of 2021
Québec, March 29, 2022. – The Institut de la statistique du Québec released today its overview of Québec’s international merchandise imports and exports in current dollars, established on a customs basis, for the fourth quarter of 2021. The analysis looks at this trade from several angles, including the countries of origin and destination and the products imported or exported.
Fourth quarter 2021 highlights
- Québec’s international merchandise trade (the sum of exports and imports) reached $53.4 billion, up 12.7% from the fourth quarter of 2020.
- The province continued to trade mainly with the United States (52.7%) and China (8.1%).
- Québec’s international merchandise exports totalled $26.8 billion, up 12.1% from the fourth quarter of 2020. A large proportion of these exports continued to be destined for the U.S. market (70.4%), and a smaller proportion for the Chinese market (3.3%).
- Unwrought aluminum and aluminum alloys were the most exported products (10.0% of total exports).
- For 2021 as a whole, exports reached $100.1 billion, up 16.0% from 2020.
- Québec’s international merchandise imports stood at $26.7 billion, up 13.4% from the level observed in the fourth quarter of 2020. The United States remained Québec’s leading supplier, accounting for 34.9% of total imports. The second supplier was China, whose share of imports was 12.8%.
- The most imported products were light-duty trucks, vans and sport utility vehicles (9.0% of total imports).
- For 2021 as a whole, imports totalled $102.5 billion, up 14.7% from 2020.
Next release: June 29, 2022
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