Overview In December 2022 Quebec exported C$10.3B and imported C$8.01B, resulting in a positive trade balance of C$2.3B. Between December 2021 and December 2022 the exports of Quebec have increased by $1.29B (14.3%) from C$9.02B to C$10.3B, while imports increased by C$360M (4.7%) from C$7.65B to C$8.01B.
Trade In December 2022, the top exports of Quebec were Planes, Helicopters, and/or Spacecraft (C$1.56B), Raw Aluminium (C$994M), Iron Ore (C$473M), Refined Petroleum (C$460M), and Gas Turbines (C$394M). In December 2022 the top imports of Quebec were Refined Petroleum (C$587M), Gas Turbines (C$357M), Crude Petroleum (C$297M), Parts of aircraft and spacecraft of... (C$286M), and Radioactive Chemicals (C$269M).
Destinations In December 2022, Quebec exported mostly to United States (C$7.03B), China (C$405M), Mexico (C$268M), Malta (C$204M), and United Arab Emirates (C$194M), and imported mostly from United States (C$2.64B), China (C$899M), Germany (C$369M), Brazil (C$310M), and Kazakhstan (C$299M).
Growth In December 2022, the increase in Quebec's year-by-year exports was explained primarily by an increase in exports to United States (C$819M or 16.6%), Belgium (C$46.8M or 144%), and South Korea (C$46.4M or 47.9%), and product exports increase in Raw Aluminium (C$259M or 48.6%), Refined Petroleum (C$90.7M or 51%), and Electricity (C$49.4M or 47.5%). In December 2022, the increase in Quebec's year-by-year imports was explained primarily by an increase in imports from United States (C$320M or 18.6%), Belgium (C$91.5M or 186%), and United Kingdom (C$88.9M or 65.7%), and product imports increase in Crude Petroleum (C$160M or 77.6%), Vaccines, blood, antisera, toxins and cultures (C$153M or 461%), and Copper Ore (C$83.4M or 544%).