Saskatchewan

Overview In August 2024 Saskatchewan exported C$3.44B and imported C$1.4B, resulting in a positive trade balance of C$2.04B. Between August 2023 and August 2024 the exports of Saskatchewan have decreased by $-78.4M (-2.23%) from C$3.52B to C$3.44B, while imports increased by C$100M (7.73%) from C$1.3B to C$1.4B.

Trade In August 2024, the top exports of Saskatchewan were Crude Petroleum (C$1.04B), Potassic Fertilizers (C$653M), Rapeseed (C$353M), Wheat (C$285M), and Rapeseed Oil (C$271M). In August 2024 the top imports of Saskatchewan were Harvesting Machinery (C$75.8M), Tractors (C$67.9M), Delivery Trucks (C$46.6M), Excavation Machinery (C$40.7M), and Large Construction Vehicles (C$40.4M).

Destinations In August 2024, Saskatchewan exported mostly to United States (C$2.18B), China (C$407M), Brazil (C$115M), Japan (C$57.5M), and United Kingdom (C$51M), and imported mostly from United States (C$1.16B), Germany (C$43.2M), China (C$37.5M), Mexico (C$36.2M), and Japan (C$15.2M).

Growth In August 2024, the decrease in Saskatchewan's year-by-year exports was explained primarily by an decrease in exports to United States (C$-137M or -5.91%), Brazil (C$-117M or -50.5%), and Mexico (C$-27.3M or -37.3%), and product exports decrease in Potassic Fertilizers (C$-231M or -26.2%), Crude Petroleum (C$-84.8M or -7.55%), and Dried Legumes (C$-60.1M or -52.9%). In August 2024, the increase in Saskatchewan's year-by-year imports was explained primarily by an increase in imports from United States (C$94.7M or 8.89%), India (C$4.21M or 57.7%), and Colombia (C$3.67M or 230%), and product imports increase in Rapeseed (C$11.5M or 40.4k%), Excavation Machinery (C$10.3M or 33.8%), and Dried Legumes (C$8.95M or 69.6%).