Saskatchewan manufactured export growth leads nation

Exports increased nearly 20 per cent year-over-year in September 2020 to $2.57 billion, ranked No. 1 for growth in Canada

Western Investor
December 22, 2020

Grain exports meet global demand. | Western Producer
— | Western Producer/Rueters

Saskatchewan is seeing nation-leading merchandise exports, with a big jump in both year-over-year and month-to-month, according to Statistics Canada. Merchandise exports increased by 19.1 per cent year-over-year in September 2020 to $2.57 billion. Saskatchewan ranked No. 1 in percentage change growth among the provinces on a seasonally adjusted basis for the month.

“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. 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 No. 1 among the provinces.

Nationally, Canada saw a decrease of 6.2 per cent year-over-year in manufactured exports.
Saskatchewan’s 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.

Copyright © Western Investor

Email to a Friend

Most Popular