Overview In December 2022 Saskatchewan exported C$4.24B and imported C$1.1B, resulting in a positive trade balance of C$3.14B. Between December 2021 and December 2022 the exports of Saskatchewan have increased by $825M (24.1%) from C$3.42B to C$4.24B, while imports increased by C$250M (29.2%) from C$855M to C$1.1B.
Trade In December 2022, the top exports of Saskatchewan were Potassic Fertilizers (C$1.06B), Crude Petroleum (C$899M), Wheat (C$453M), Dried Legumes (C$345M), and Rapeseed (C$325M). In December 2022 the top imports of Saskatchewan were Mixed Mineral or Chemical Fertilizers (C$53.1M), Harvesting Machinery (C$52.5M), Tractors (C$49.5M), Delivery Trucks (C$45.3M), and Liquid Pumps (C$42.8M).
Destinations In December 2022, Saskatchewan exported mostly to United States (C$2.09B), China (C$530M), India (C$171M), Bangladesh (C$146M), and Indonesia (C$125M), and imported mostly from United States (C$881M), China (C$43.3M), Canada (C$26.8M), Morocco (C$18M), and Germany (C$17.8M).
Growth In December 2022, the increase in Saskatchewan's year-by-year exports was explained primarily by an increase in exports to United States (C$669M or 54.6%), Japan (C$68.6M or 72.1%), and Indonesia (C$57.4M or 78.3%), and product exports increase in Crude Petroleum (C$413M or 83.9%), Potassic Fertilizers (C$301M or 68.5%), and Rapeseed Oil (C$64.6M or 38.4%). In December 2022, the increase in Saskatchewan's year-by-year imports was explained primarily by an increase in imports from United States (C$127M or 20.3%), Canada (C$9.27M or 230%), and Germany (C$5.56M or 28.5%), and product imports increase in Corn (C$74.9M or 2.12k%), Mixed Mineral or Chemical Fertilizers (C$19.7M or 94.4%), and Lifting Machinery (C$16.9M or 510%).