Québec, January 21, 2025. – Québec’s international merchandise exports, seasonally adjusted and in constant dollars, were up 7.3% in November 2024 from the previous month (-1.8% in October). 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 increase are unwrought gold, silver, and platinum group metals and their alloys (+386.0%), aircraft (+26.4%), heavy fuel oils (+139.9%), and iron ores and concentrates (+26.8%).
The products whose exports decreased in November include pharmaceutical and medicinal products (-15.1%), unwrought aluminum and aluminum alloys (-4.1%), fish, crustaceans, shellfish and other fishery products (-70.0%), and aircraft parts and other aerospace equipment (-11.2%).
Exports in the first eleven months of 2024 were up 2.9% compared with the same months of 2023.
Important notice about the January 21, 2025 release
In the release of its international merchandise trade statistics for November 2024, Statistics Canada states that there have been 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 months of October and November 2024. Given these temporary issues, users should exercise caution and expect material revisions to import data for the reference months of October and November 2024, even if they are published. 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/250107/dq250107a-eng.htm.
Québec’s international merchandise imports down 4.0% in November 2024
Québec’s international merchandise imports, seasonally adjusted and in constant dollars, were down 4.0% in November 2024 from October (-6.3% in October).
Imports in the first eleven months of 2024 were down 0.3% from the same period in 2023.
The situation in Canada
According to data published by Statistics Canada on January 7, 2025, Canada’s seasonally adjusted merchandise exports in constant dollars rose by 1.9% in November 2024 from the previous month, while imports decreased by 3.0%.
For the first eleven months of 2024, Canada’s merchandise exports were up 0.5% compared with the same months of 2023, while imports were down 0.8%.
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International merchandise exports and imports1 |
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| 2023 | 2024 | ||||||
| Annual change | Monthly change | Cumulative change2 | |||||
| October | November | ||||||
| Québec | |||||||
| Exports | 3.3 | –1.8 | 7.3 | 2.9 | |||
| Importats | –2.1 | –6.3 | –4.0 | –0.3 | |||
| Canada | |||||||
| Exports | 5.8 | 0.2 | 1.9 | 0.5 | |||
| Imports | –1.1 | –1.6 | –3.0 | –0.8 | |||
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1. Seasonally adjusted data in constant dollars (at 2017 prices). Sources |
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Useful links
- International trade (monthly data)
- International Trade Data Online: A tool for generating customized reports
Next release: February 20, 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.