Saskatchewan Leads Nation in Merchandise Export Growth
Released on November 4, 2020
Saskatchewan Ranks First Among The Provinces In
Year-Over-Year Exports, Up 19.1 Per Cent
Saskatchewan is seeing strong growth in merchandise exports, with a big
jump in both year-over-year and month-to-month.
Merchandise exports increased by 19.1 per cent year-over-year in September 2020
to $2.57 billion. Saskatchewan ranked first in percentage change among
the provinces on a seasonally adjusted basis.
“Saskatchewan exports remain strong, which shows our province is in a good
position moving forward with our economic recovery,” Trade and Export
Development Minister Jeremy Harrison said. “Even with the challenges
facing the global economy, demand has remained strong for the quality products
Saskatchewan produces.”
In September, merchandise exports in Saskatchewan increased
by 17.2 per cent compared to August 2020, placing the province second in
percentage change among the provinces. In the first nine months of 2020,
merchandise exports in Saskatchewan increased by 1.7 per cent, compared to the
same period in 2019, which was also second among the provinces.
Nationally, Canada saw a decrease of 6.2 per cent year-over-year.
Strong export numbers were supported by growth in a number of sectors,
including farm and food products, metallic ores and non-metallic minerals,
forestry products, as well as electronic and electrical equipment and parts,
and consumer goods.
International merchandise exports measure the value of all goods leaving the
country. Governments, exporters, manufacturers and transportation
companies use these export statistics to monitor export performance, identify
market opportunities, monitor commodity prices, and examine transport
implications of trade flows.
For more information, including on COVID-19 support for businesses and workers
in Saskatchewan, please visit www.saskatchewan.ca/covid19-businesses.
For more information, contact:
Robin Speer, Trade and Export Development, Regina
Phone: 306-519-5006 Email: robin.speer@gov.sk.ca
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in town or by etransfer to "preecevillelionscta@gmail.com" The Town Newsletter for September/October has information about upcoming events. Previous newsletters can be found on the Recreation page.
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