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Released on December 7, 2021
Saskatchewan merchandise exports are showing strong growth and leading the country after increasing by 25.5 per cent between September 2021 and October 2021. The value of exports in October 2021 was almost $3.9 billion.
The new export numbers released by Statistics Canada place Saskatchewan first among Canadian provinces in month-over-month percentage change.
"Saskatchewan's economy is moving forward in an extremely strong way and that is reflected in these merchandise export numbers," Trade and Export Development Minister Jeremy Harrison said. "Exports have been growing at a remarkable pace over the last few years and continuing to support our trade sectors will always be a priority for our government."
Metal and non-metallic mineral products (including intermediate metal products and fabricated metals) led all Saskatchewan commodity sectors in month-to-month and year-over-year growth, increasing by 409 per cent between September and October in 2021 and by 1,546 per cent between October 2020 and October 2021.
Other sectors also saw strong year-over-year growth including metal ores and non-metallic minerals (including potash) which increased 78.1 per cent, energy products up 72.9 per cent and electronic and electrical equipment and parts up 69.9 per cent.
Over the first ten months of 2021, merchandise exports totalled more than $30 billion, an increase of 24.6 per cent compared to the same period in 2020.
For more information, contact:Robin Speer
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