SaskatchewanProvince in Canada
2019 Economic Complexity: -0.6, Rank 9 of 10
Jan 2021 Trade Exports | Imports: C$ 2.71B | C$ 745M, 5 of 13 | 7 of 11
Jan 2021 Country Destination | Origin: United States | United States , C$ 1.23B | C$ 604M
Jan 2021 Product Exports | Imports: Crude Petroleum | Pesticides , C$ 492M | C$ 43.6M
Overview: This page contains the latest international trade data for Saskatchewan, including export and import data.
Exports: In 2020, Canada's Saskatchewan exported C$ 30.4B, 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$ 5B), Oil seeds: low erucic acid rape... (C$ 3.6B), Cereals: wheat and meslin, other than... (C$ 2.73B), 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$ 1.05B), 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 2019, 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.
Overview: In January 2021 Saskatchewan exported C$2.71B and imported C$745M, resulting in a positive trade balance of C$1.97B. Between January 2020 and January 2021 the exports of Saskatchewan have increased by $346M (14.6%) from C$2.36B to C$2.71B, while imports decreased by C$-229M (-23.5%) from C$974M to C$745M.
Trade: In January 2021, the top exports of Saskatchewan were Crude Petroleum (C$492M), Potassic Fertilizers (C$440M), Wheat (C$427M), Rapeseed (C$351M), and Dried Legumes (C$197M). In January 2021 the top imports of Saskatchewan were Pesticides (C$43.6M), Specialized Vehicles (C$26M), Trailers (C$25.3M), Tractors (C$25M), and Harvesting Machinery (C$24.5M).
Destinations: In January 2021, Saskatchewan exported mostly to United States (C$1.23B), China (C$506M), Japan (C$99.4M), Indonesia (C$74.7M), and Mexico (C$71.4M), and imported mostly from United States (C$604M), China (C$32.6M), Mexico (C$21.2M), Germany (C$19.5M), and Japan (C$10.7M).
Growth: In January 2021, the increase in Saskatchewan's year-by-year exports was explained primarily by an increase in exports to China (C$277M or 121%), Algeria (C$64.5M or 17.7k%), and Morocco (C$39.8M or 268%), and product exports increase in Wheat (C$142M or 49.7%), Rapeseed (C$109M or 45.1%), and Soybeans (C$88.8M or 261%). In January 2021, the decrease in Saskatchewan's year-by-year imports was explained primarily by an decrease in imports from United States (C$-235M or -28%), South Korea (C$-8.85M or -80.2%), and Germany (C$-3.52M or -15.3%), and product imports decrease in Crude Petroleum (C$-145M or -98.5%), Gas Turbines (C$-23.7M or -73.8%), and Delivery Trucks (C$-21.9M or -55.4%).
EXPORT GROWTH (January 2020 - January 2021): C$346M, (14.6%)
IMPORT GROWTH (January 2020 - January 2021): C$-229M, (-23.5%)
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.
This section shows the differences between Saskatchewan's total subnational aggregate trade throughout time. To explore the trade patterns of the country, visit Canada's country profile.
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$ 5B), Oil seeds: low erucic acid rape... (C$ 3.6B), Cereals: wheat and meslin, other than... (C$ 2.73B), and Lentils dried, shelled (C$ 2.16B).
Top Origin (2020): United States, C$ 8.23B
Top Import (2020): Petroleum oils, oils from bituminous minerals,..., C$ 1.05B
In 2020 the top import origins of Saskatchewan were United States (C$ 8.23B), 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$ 1.05B), 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 (Jan 2020 - Jan 2021)
Rapidly Declining Import Origins (Jan 2020 - Jan 2021)
Saskatchewan ranks 9th out of the 13 provinces in Canada according to ECI.
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 (0.086), Ammonia (0.085), Rough Wood (0.084), Shaped Wood (0.082), and Precious Metal Ore (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 (263), Potassic Fertilizers (247), Linseed (159), Rapeseed Oil (157), and Rapeseed (144).
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.
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