SaskatchewanProvince in Canada
2020 Economic Complexity : -0.6, Rank 9 of 10
Jun 2021 Trade Exports | Imports: C$ 3.06B | C$ 924M, 5 of 13 | 7 of 11
Jun 2021 Country Destination | Origin: United States | United States , C$ 1.68B | C$ 767M
Jun 2021 Product Exports | Imports: Petroleum oils, oils from bituminous minerals, crude | Combine harvester-threshers , C$ 785M | C$ 58.5M
Overview This page contains the latest international trade data for Saskatchewan, including export and import data.
Exports In 2020, Canada's Saskatchewan exported C$ 30.3B, making it the 5th largest exporter out of the 13 exporters in Canada. In 2020 the top exports of Saskatchewan were Potassium chloride, in packs >10 kg (C$ 6.02B), Petroleum oils, oils from bituminous minerals,... (C$ 4.99B), Oil seeds: low erucic acid rape... (C$ 3.6B), Cereals: wheat and meslin, other than... (C$ 2.75B), and Lentils dried, shelled (C$ 2.16B).
Imports In 2020, Canada's Saskatchewan imported C$ 10B, making it the 6th largest importer out of the 13 importers in Canada. In 2020 top imports of Saskatchewan were Petroleum oils, oils from bituminous minerals,... (C$ 1.06B), Herbicides, anti-sprouting products and plant-growth regulators:... (C$ 353M), Combine harvester-threshers (C$ 193M), Trailers for housing or camping (C$ 165M), and Monoammonium phosphate & mix with diammonium,... (C$ 157M).
Economic Complexity In 2020, the highest complexity exports of Saskatchewan according to the product complexity index (PCI) are Lifting Machinery (1.08), Scales (1), Boiler Plants (0.94), Steel Ingots (0.87), and Harvesting Machinery (0.87). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
June, 2021
Overview In June 2021 Saskatchewan exported C$3.06B and imported C$924M, resulting in a positive trade balance of C$2.14B. Between June 2020 and June 2021 the exports of Saskatchewan have increased by $779M (34.1%) from C$2.29B to C$3.06B, while imports increased by C$203M (28.1%) from C$721M to C$924M.
Trade In June 2021, the top exports of Saskatchewan were Crude Petroleum (C$785M), Potassic Fertilizers (C$554M), Wheat (C$359M), Rapeseed (C$318M), and Dried Legumes (C$224M). In June 2021 the top imports of Saskatchewan were Harvesting Machinery (C$75.3M), Reaction and Catalytic Products (C$53M), Trailers (C$42M), Crude Petroleum (C$41.1M), and Large Construction Vehicles (C$30.6M).
Destinations In June 2021, Saskatchewan exported mostly to United States (C$1.68B), China (C$325M), Brazil (C$127M), Japan (C$120M), and Indonesia (C$107M), and imported mostly from United States (C$767M), Germany (C$33.5M), China (C$24.5M), Mexico (C$18.7M), and Japan (C$10.9M).
Growth In June 2021, the increase in Saskatchewan's year-by-year exports was explained primarily by an increase in exports to United States (C$838M or 99.5%), Indonesia (C$64.5M or 151%), and Chile (C$48.7M or 753%), and product exports increase in Crude Petroleum (C$521M or 197%), Rapeseed (C$81.5M or 34.5%), and Rapeseed Oil (C$77.1M or 58.9%). In June 2021, the increase in Saskatchewan's year-by-year imports was explained primarily by an increase in imports from United States (C$180M or 30.7%), Germany (C$15.9M or 89.8%), and Mexico (C$4.15M or 28.5%), and product imports increase in Reaction and Catalytic Products (C$49.5M or 1.42k%), Harvesting Machinery (C$35.6M or 90%), and Trailers (C$22.6M or 117%).
EXPORT GROWTH (June 2020 - June 2021): C$779M, (34.1%)
IMPORT GROWTH (June 2020 - June 2021): C$203M, (28.1%)
This section shows exports and imports data at subnational level for Saskatchewan. Click any date in the line plot, any subnational region in the geomap, or any product, destination or origin country to explore the exports or imports behavior of Saskatchewan over time.
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Top Destination (2020): United States, C$ 13.1B
Top Product (2020): Potassium chloride, in packs >10 kg, C$ 6.02B
In 2020 the top export destinations of Saskatchewan were United States (C$ 13.1B), China (C$ 4.14B), Japan (C$ 1.23B), India (C$ 1.2B), and Brazil (C$ 978M).
In 2020 the top exports of Saskatchewan were Potassium chloride, in packs >10 kg (C$ 6.02B), Petroleum oils, oils from bituminous minerals,... (C$ 4.99B), Oil seeds: low erucic acid rape... (C$ 3.6B), Cereals: wheat and meslin, other than... (C$ 2.75B), and Lentils dried, shelled (C$ 2.16B).
Fastest Growing Exports Destination (Jun 2020 - Jun 2021)
Rapidly Declining Export Origins (Jun 2020 - Jun 2021)
Top Origin (2020): United States, C$ 8.24B
Top Import (2020): Petroleum oils, oils from bituminous minerals,..., C$ 1.06B
In 2020 the top import origins of Saskatchewan were United States (C$ 8.24B), China (C$ 411M), Germany (C$ 255M), Mexico (C$ 207M), and Italy (C$ 150M).
In 2020 the top imports of Saskatchewan were Petroleum oils, oils from bituminous minerals,... (C$ 1.06B), Herbicides, anti-sprouting products and plant-growth regulators:... (C$ 353M), Combine harvester-threshers (C$ 193M), Trailers for housing or camping (C$ 165M), and Monoammonium phosphate & mix with diammonium,... (C$ 157M).
Fastest Growing Import Origins (Jun 2020 - Jun 2021)
Rapidly Declining Import Origins (Jun 2020 - Jun 2021)
Economic Complexity (2020): -0.6
Saskatchewan ranks 9th 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. Saskatchewan it is in position 9th considering its ECI in the last year.
The top export opportunities according to the relatedness level, without considering those products were Saskatchewan already has a comparative advantage, are led by Petroleum Gas (0.083), Rough Wood (0.083), Ammonia (0.082), Shaped Wood (0.081), and Radioactive Chemicals (0.081).
The highest complexity exports of Saskatchewan according to the product complexity index (PCI) are Lifting Machinery (1.08), Scales (1), Boiler Plants (0.94), Steel Ingots (0.87), and Harvesting Machinery (0.87). 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 Oats (287.8), Potassic Fertilizers (223.5), Rapeseed (206.9), Dried Legumes (192.4), and Linseed (189.4).
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 Saskatchewan 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.