Released on July 11, 2012
Saskatchewan's export sales for May exceeded the national average according to a report released by Statistics Canada today. Exports totalled $2.8 billion in May, up 19.8 per cent from last May and the highest on record for that month. Saskatchewan had the second highest percentage gain among the provinces.
"Our exporters have considerable strength and diversity and ship quality goods across the globe," Economy Minister Bill Boyd said. "Business opportunities and jobs in Saskatchewan are thriving because of these record figures."
Energy and agricultural products led the way in the increases, up 35.1 per cent and 14.1 per cent respectively. Other areas experiencing a rise included forestry products (up 81.8 per cent), and machinery and equipment (up 26.9 per cent).
In the first five months of 2012 export sales totalled $13.5 billion, up 16.9 per cent from the same period in 2011. Saskatchewan ranked second in terms of growth in the nation over this period.
"As our economy continues to grow, as our businesses continue to prosper, we need a strong export market," Boyd said. "Food, energy, potash and other products are what the rest of the world is buying in the global marketplace, and Saskatchewan businesses are ready and able to meet that demand."
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For more information, contact:
Deb Young
Enterprise Saskatchewan
Regina
Phone: 306-787-6315
Email: deb.young@enterprisesask.ca