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    Home»Economy»Quebec exports drop in September
    Economy

    Quebec exports drop in September

    Sophie LaurentBy Sophie LaurentNovember 19, 2021No Comments2 Mins Read
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    Quebec exports drop in September
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    Quebec’s international exports of merchandise fell 4.6% last September, compared to the previous month.

    According to data released by the Statistics Institute of Quebec (ISQ) on Thursday, the products contributing to the decline were aircraft (- 50.6%), primary forms and semi-finished products from the group of metals gold, silver, platinum and their alloys (- 57.0%), transportation equipment Others (- 48.8%), as well as diesel and biodiesel (- 24.6%).

    Conversely, exports that saw increases in September were iron ores and concentrates (+43.2%), pharmaceutical and medical products (+21.8%), primary forms and products, semi-finished metals and non-ferrous metal alloys (+50.1%), as well as Copper ores and concentrates, of which August imports were minimal.

    However, ISQ notes that during the first nine months of 2021, Quebec’s international merchandise exports rose 3.7% compared to the same months in 2020.

    decrease in imports

    At the same time, Quebec’s international imports of goods fell 13.1% last September, compared to the previous month.

    Products that contributed to this decline were conventional crude oil (- 33.7%), copper and crude copper alloys (- 81.7%), automobiles and their chassis (- 37.6%), as well as motor gasoline (- 28.7%).

    In contrast, September imports increased significantly for a few products with negligible imports for August, such as ships, lead and zinc ores and concentrates, diesel and biodiesel. To this group are added imports of coke, a fuel obtained by pyrolysis of coal and other coke oven products (+ 148.8%).

    During the first nine months of the year, international merchandise imports from Quebec registered a 12% increase compared to the same months of 2020.

    in Canada

    According to Statistics Canada, Canadian merchandise exports decreased 3.4% in September compared to August 2021, as well as imports decreased 4.8%.

    In the first nine months of 2021, compared to the same period the previous year, Canada’s merchandise exports rose 2.6%, and imports rose 10.8%.

    see also

    Sophie Laurent

    Sophie Laurent is a contributor to Vaughantoday.ca, covering a wide range of topics including local news, politics, business, technology, sports, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting that helps readers stay informed about current events and issues that matter to their communities. Sophie is committed to presenting accurate information, practical insights, and relevant stories in a straightforward and reader-friendly manner, making complex topics accessible to a broad audience.

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