QuebecProvince in Canada
2020 Economic Complexity : 0.02, Rank 2 of 10
Oct 2022 Trade Exports | Imports: C$ 9.62B | C$ 9.52B, 3 of 13 | 2 of 12
Oct 2022 Country Destination | Origin: United States | United States , C$ 7.07B | C$ 3.14B
Oct 2022 Product Exports | Imports: Light petroleum distillates nes | Petroleum oils, oils from bituminous minerals, crude , C$ 454M | C$ 714M
Overview This page contains the latest international trade data for Quebec. In October 2022 Quebec was the number 3 in total exports and the number 2 in total imports in Canada.
Exports In 2021, Canada's Quebec exported C$ 98B, making it the 3rd largest exporter out of the 13 exporters in Canada. In 2021 the top exports of Quebec were Fixed wing aircraft, unladen weight >... (C$ 5.36B), Aluminium unwrought, not alloyed (C$ 4.64B), Aluminium unwrought, alloyed (C$ 4.24B), Iron ore, concentrate, not iron pyrites,unagglomerate (C$ 4.22B), and Wood; coniferous species, other than of... (C$ 2.65B).
Imports In 2021, Canada's Quebec imported C$ 87.5B, making it the 2nd largest importer out of the 13 importers in Canada. In 2021 top imports of Quebec were Petroleum oils, oils from bituminous minerals,... (C$ 4.57B), Other Aircraft parts (C$ 2.76B), Parts of turbo-jet or turbo-propeller engines (C$ 2.28B), Petroleum spirit for motor vehicles (C$ 2.18B), and Medicaments nes, in dosage (C$ 1.83B).
Economic Complexity In 2020, the highest complexity exports of Quebec according to the product complexity index (PCI) are Particle Board (0.2), Alkylbenzenes and Alkylnaphthalenes (0.092), Peat (-0.088), Semi chemical Woodpulp (-0.19), and Copper Wire (-0.46). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
October, 2022
Overview In October 2022 Quebec exported C$9.62B and imported C$9.52B, resulting in a positive trade balance of C$101M. Between October 2021 and October 2022 the exports of Quebec have increased by $1.4B (17.1%) from C$8.21B to C$9.62B, while imports increased by C$1.93B (25.5%) from C$7.59B to C$9.52B.
Trade In October 2022, the top exports of Quebec were Raw Aluminium (C$796M), Refined Petroleum (C$515M), Planes, Helicopters, and/or Spacecraft (C$507M), Iron Ore (C$434M), and Gas Turbines (C$386M). In October 2022 the top imports of Quebec were Crude Petroleum (C$714M), Refined Petroleum (C$642M), Gas Turbines (C$398M), Parts of aircraft and spacecraft of... (C$316M), and Raw Copper (C$213M).
Destinations In October 2022, Quebec exported mostly to United States (C$7.07B), China (C$317M), France (C$202M), Japan (C$194M), and South Korea (C$170M), and imported mostly from United States (C$3.14B), China (C$1.28B), Germany (C$456M), Italy (C$331M), and France (C$324M).
Growth In October 2022, the increase in Quebec's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates (C$100M or 807%), Finland (C$97.7M or 1.99k%), and Germany (C$81.6M or 87.9%), and product exports increase in Iron Ore (C$183M or 62.8%), Sawn Wood (C$111M or 99.4%), and Planes, Helicopters, and/or Spacecraft (C$76.1M or 18.8%). In October 2022, the increase in Quebec's year-by-year imports was explained primarily by an increase in imports from Germany (C$51.8M or 16.5%), South Korea (C$25.2M or 49.3%), and Cote d'Ivoire (C$23.6M or 173%), and product imports increase in Silver (C$82.9M or 201%), Gold (C$45.8M or 1.25k%), and Packaged Medicaments (C$44.6M or 26.8%).
EXPORT GROWTH (October 2021 - October 2022): C$1.4B, (17.1%)
IMPORT GROWTH (October 2021 - October 2022): C$1.93B, (25.5%)
This section shows exports and imports data at subnational level for Quebec. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Quebec over time.
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Top Destination (2021): United States, C$ 70.7B
Top Product (2021): Fixed wing aircraft, unladen weight >..., C$ 5.36B
In 2021 the top export destinations of Quebec were United States (C$ 70.7B), China (C$ 4.07B), Japan (C$ 1.8B), Mexico (C$ 1.79B), and France (C$ 1.62B).
In 2021 the top exports of Quebec were Fixed wing aircraft, unladen weight >... (C$ 5.36B), Aluminium unwrought, not alloyed (C$ 4.64B), Aluminium unwrought, alloyed (C$ 4.24B), Iron ore, concentrate, not iron pyrites,unagglomerate (C$ 4.22B), and Wood; coniferous species, other than of... (C$ 2.65B).
Fastest Growing Exports Destination (Oct 2021 - Oct 2022)
Rapidly Declining Export Origins (Oct 2021 - Oct 2022)
Top Origin (2021): United States, C$ 26.7B
Top Import (2021): Petroleum oils, oils from bituminous minerals,..., C$ 4.57B
In 2021 the top import origins of Quebec were United States (C$ 26.7B), China (C$ 12.6B), Germany (C$ 4.59B), France (C$ 3.53B), and Brazil (C$ 3.3B).
In 2021 the top imports of Quebec were Petroleum oils, oils from bituminous minerals,... (C$ 4.57B), Other Aircraft parts (C$ 2.76B), Parts of turbo-jet or turbo-propeller engines (C$ 2.28B), Petroleum spirit for motor vehicles (C$ 2.18B), and Medicaments nes, in dosage (C$ 1.83B).
Economic Complexity (2021): 0.02
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), Crude Petroleum (0.3), Wood Crates (0.3), Cobalt (0.29), and Raw Nickel (0.29).
The highest complexity exports of Quebec according to the product complexity index (PCI) are Particle Board (0.2), Alkylbenzenes and Alkylnaphthalenes (0.092), Peat (-0.088), Semi chemical Woodpulp (-0.19), and Copper Wire (-0.46). 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 (61.2), Chlorates and Perchlorates (32.6), Raw Aluminium (29.7), Semi chemical Woodpulp (26.5), and Aluminium Wire (26.1).
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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