QuebecProvince in Canada
2022 Economic Complexity : -0.002, Rank 2 of 10
Dec 2022 Trade Exports | Imports: C$ 10.3B | C$ 8.01B, 3 of 13 | 2 of 12
Dec 2022 Country Destination | Origin: United States | United States , C$ 7.03B | C$ 2.64B
Dec 2022 Product Exports | Imports: Fixed wing aircraft, unladen weight > 15,000 kg... | Light petroleum distillates nes , C$ 1.18B | C$ 370M
Overview This page contains the latest international trade data for Quebec. In December 2022 Quebec was the number 3 in total exports and the number 2 in total imports in Canada.
Exports In 2022, Canada's Quebec exported C$ 111B, making it the 3rd largest exporter out of the 13 exporters in Canada. In 2022 the top exports of Quebec were Aluminium unwrought, not alloyed (C$ 5.86B), Fixed wing aircraft, unladen weight >... (C$ 5.43B), Aluminium unwrought, alloyed (C$ 4.95B), Light petroleum distillates nes (C$ 4.04B), and Iron ore, concentrate, not iron pyrites,unagglomerate (C$ 3.97B).
Imports In 2022, Canada's Quebec imported C$ 106B, making it the 2nd largest importer out of the 13 importers in Canada. In 2022 top imports of Quebec were Petroleum oils, oils from bituminous minerals,... (C$ 6.48B), Petroleum spirit for motor vehicles (C$ 4.26B), Parts of aeroplanes, helicopters or unmanned... (C$ 3.11B), Parts of turbo-jet or turbo-propeller engines (C$ 2.84B), and Light petroleum distillates nes (C$ 2.83B).
Economic Complexity In 2022, the highest complexity exports of Quebec according to the product complexity index (PCI) are Newsprint (0.87), Uncoated Paper (0.29), Alkylbenzenes and Alkylnaphthalenes (0.061), Aircraft Launch Gear (-0.08), Peat (-0.081), Semi chemical Woodpulp (-0.18), Detonating Fuses (-0.63), Aluminium Wire (-0.72), Chlorates and Perchlorates (-0.76), and Raw Aluminium (-1.08). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
December, 2022
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%).
EXPORT GROWTH (December 2021 - December 2022): C$1.29B, (14.3%)
IMPORT GROWTH (December 2021 - December 2022): C$360M, (4.7%)
This section shows exports and imports data at subnational level for Quebec. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Quebec over time.
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Top Destination (2022): United States, C$ 82.4B
Top Product (2022): Aluminium unwrought, not alloyed, C$ 5.86B
In 2022 the top export destinations of Quebec were United States (C$ 82.4B), China (C$ 3.34B), Mexico (C$ 2.05B), France (C$ 1.8B), and Japan (C$ 1.64B).
In 2022 the top exports of Quebec were Aluminium unwrought, not alloyed (C$ 5.86B), Fixed wing aircraft, unladen weight >... (C$ 5.43B), Aluminium unwrought, alloyed (C$ 4.95B), Light petroleum distillates nes (C$ 4.04B), and Iron ore, concentrate, not iron pyrites,unagglomerate (C$ 3.97B).
Top Origin (2022): United States, C$ 33.8B
Top Import (2022): Petroleum oils, oils from bituminous minerals,..., C$ 6.48B
In 2022 the top import origins of Quebec were United States (C$ 33.8B), China (C$ 14.8B), Germany (C$ 4.94B), Italy (C$ 3.88B), and Brazil (C$ 3.6B).
In 2022 the top imports of Quebec were Petroleum oils, oils from bituminous minerals,... (C$ 6.48B), Petroleum spirit for motor vehicles (C$ 4.26B), Parts of aeroplanes, helicopters or unmanned... (C$ 3.11B), Parts of turbo-jet or turbo-propeller engines (C$ 2.84B), and Light petroleum distillates nes (C$ 2.83B).
Fastest Growing Import Origins (Dec 2021 - Dec 2022)
Rapidly Declining Import Origins (Dec 2021 - Dec 2022)
Economic Complexity (2022): -0.002
Quebec ranks 2nd out of the 13 provinces in Canada according to ECI.
The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.
Estimated using exports data.
The economic complexity of a territory can change year to year. Quebec it is in position 2nd considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Quebec already has a comparative advantage, are led by Rough Wood (0.31), Wood Crates (0.3), Cobalt (0.3), Scrap Lead (0.3), and Wheat (0.29).
The highest complexity exports of Quebec according to the product complexity index (PCI) are Newsprint (0.87), Uncoated Paper (0.29), Alkylbenzenes and Alkylnaphthalenes (0.061), Aircraft Launch Gear (-0.08), Peat (-0.081), Semi chemical Woodpulp (-0.18), Detonating Fuses (-0.63), Aluminium Wire (-0.72), Chlorates and Perchlorates (-0.76), and Raw Aluminium (-1.08). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The most specialized products according to the RCA index are led by Aircraft Launch Gear (116.8), Chlorates and Perchlorates (38.0), Semi chemical Woodpulp (38.0), Raw Aluminium (30.3), and Aluminium Wire (29.3).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Quebec is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Bubble size corresponds to exports value by year 2020.
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