QuebecProvince in Canada
2020 Economic Complexity : 0.026, Rank 2 of 10
May 2021 Trade Exports | Imports: C$ 8.21B | C$ 7.35B, 3 of 13 | 2 of 12
May 2021 Country Destination | Origin: United States | United States , C$ 5.94B | C$ 2.15B
May 2021 Product Exports | Imports: Fixed wing aircraft, unladen weight > 15,000 kg... | Petroleum oils, oils from bituminous minerals, crude , C$ 703M | C$ 243M
Overview: This page contains the latest international trade data for Quebec, including export and import data.
Exports: In 2020, Canada's Quebec exported C$ 83.9B, making it the 3rd largest exporter out of the 13 exporters in Canada. In 2020 the top exports of Quebec were Fixed wing aircraft, unladen weight >... (C$ 4.62B), Aluminium unwrought, not alloyed (C$ 3.98B), Iron ore, concentrate, not iron pyrites,unagglomerate (C$ 3.48B), Aluminium unwrought, alloyed (C$ 2.22B), and Wood; coniferous species, other than of... (C$ 1.58B).
Imports: In 2020, Canada's Quebec imported C$ 76.4B, making it the 2nd largest importer out of the 13 importers in Canada. In 2020 top imports of Quebec were Petroleum oils, oils from bituminous minerals,... (C$ 3.01B), Aircraft parts nes (C$ 2.7B), Parts of turbo-jet or turbo-propeller engines (C$ 2.21B), Medicaments nes, in dosage (C$ 1.82B), and Silver in unwrought forms (C$ 1.55B).
Economic Complexity: In 2019, the highest complexity exports of Quebec according to the product complexity index (PCI) are Other Nickel Products (1.19), Newsprint (1.13), Pig Meat (0.81), Wheelchairs (0.81), and Felt (0.78). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
Overview: In May 2021 Quebec exported C$8.21B and imported C$7.35B, resulting in a positive trade balance of C$860M. Between May 2020 and May 2021 the exports of Quebec have increased by $2.22B (37%) from C$5.99B to C$8.21B, while imports increased by C$2.05B (38.7%) from C$5.3B to C$7.35B.
Trade: In May 2021, the top exports of Quebec were Planes, Helicopters, and/or Spacecraft (C$809M), Raw Aluminium (C$618M), Iron Ore (C$491M), Sawn Wood (C$386M), and Gas Turbines (C$306M). In May 2021 the top imports of Quebec were Gas Turbines (C$290M), Crude Petroleum (C$243M), Aircraft Parts (C$242M), Refined Petroleum (C$216M), and Packaged Medicaments (C$173M).
Destinations: In May 2021, Quebec exported mostly to United States (C$5.94B), China (C$521M), France (C$172M), Japan (C$145M), and Mexico (C$143M), and imported mostly from United States (C$2.15B), China (C$1.06B), Germany (C$367M), Italy (C$284M), and France (C$281M).
Growth: In May 2021, the increase in Quebec's year-by-year exports was explained primarily by an increase in exports to United States (C$1.65B or 38.4%), Switzerland (C$108M or 609%), and Austria (C$100M or 12.5k%), and product exports increase in Planes, Helicopters, and/or Spacecraft (C$565M or 231%), Sawn Wood (C$262M or 211%), and Raw Aluminium (C$106M or 20.7%). In May 2021, the increase in Quebec's year-by-year imports was explained primarily by an increase in imports from United States (C$586M or 37.4%), Chile (C$116M or 504%), and Mexico (C$115M or 99.3%), and product imports increase in Crude Petroleum (C$181M or 291%), Refined Petroleum (C$161M or 290%), and Raw Copper (C$130M or 1.94k%).
EXPORT GROWTH (May 2020 - May 2021): C$2.22B, (37%)
IMPORT GROWTH (May 2020 - May 2021): C$2.05B, (38.7%)
This section shows exports and imports data at subnational level for Quebec. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Quebec over time.
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Top Destination (2020): United States, C$ 60B
Top Product (2020): Fixed wing aircraft, unladen weight >..., C$ 4.62B
In 2020 the top export destinations of Quebec were United States (C$ 60B), China (C$ 4.6B), Netherlands (C$ 1.61B), Japan (C$ 1.59B), and France (C$ 1.39B).
In 2020 the top exports of Quebec were Fixed wing aircraft, unladen weight >... (C$ 4.62B), Aluminium unwrought, not alloyed (C$ 3.98B), Iron ore, concentrate, not iron pyrites,unagglomerate (C$ 3.48B), Aluminium unwrought, alloyed (C$ 2.22B), and Wood; coniferous species, other than of... (C$ 1.58B).
Fastest Growing Exports Destination (May 2020 - May 2021)
Rapidly Declining Export Origins (May 2020 - May 2021)
Top Origin (2020): United States, C$ 24B
Top Import (2020): Petroleum oils, oils from bituminous minerals,..., C$ 3.01B
In 2020 the top import origins of Quebec were United States (C$ 24B), China (C$ 11.4B), Germany (C$ 4.43B), France (C$ 3.33B), and Italy (C$ 2.89B).
In 2020 the top imports of Quebec were Petroleum oils, oils from bituminous minerals,... (C$ 3.01B), Aircraft parts nes (C$ 2.7B), Parts of turbo-jet or turbo-propeller engines (C$ 2.21B), Medicaments nes, in dosage (C$ 1.82B), and Silver in unwrought forms (C$ 1.55B).
Fastest Growing Import Origins (May 2020 - May 2021)
Rapidly Declining Import Origins (May 2020 - May 2021)
Economic Complexity (2020): 0.026
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 (0.28), Wood Crates (0.27), Crude Petroleum (0.26), Fermented Milk Products (0.26), and Sausages (0.26).
The highest complexity exports of Quebec according to the product complexity index (PCI) are Other Nickel Products (1.19), Newsprint (1.13), Pig Meat (0.81), Wheelchairs (0.81), and Felt (0.78). 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), Chlorates and Perchlorates (35), Peat (31.6), Semi chemical Woodpulp (27.9), and Raw Aluminium (23.9).
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.
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