September 03, 2020

Strong Export Growth in July

Saskatchewan’s July export numbers were up 9.0 per cent from July 2019, for a total of $2.53 billion.  This was the second highest percentage increase among the provinces (seasonally adjusted).  Nationally, exports were down 12.5 per cent.

“Our economy is dependent on exports, and increases in July show we continue to recover from the challenges of COVID-19,” Trade and Export Development Minister Jeremy Harrison said.  “We know there is still a lot of work to do, but these numbers are another encouraging sign that Saskatchewan has what the world needs and is in as good a position as any other jurisdiction in the country.”

Major increases year over year were reported in agriculture and food products (up 55 per cent), electrical equipment (up 46 per cent) and consumer goods (up 35 per cent).

On a month-over-month basis, exports were up 10.6 per cent in July, the third highest percentage increase among the provinces.