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Record Month for Exports

Jul 16, 2014

Exports in the province totalled $3.4 billion in May 2014, the highest ever for the month of May according to a report released by Statistics Canada today.  That was 17.9 per cent increase over last year, the third highest percentage rise among the provinces and well ahead of the 10.5 per cent posted nationally.

“Record export numbers are exceptionally good news for businesses and for our economy,” Trade Minister Jeremy Harrison said.  “Our growth rate remains near the top in the country, and shows Saskatchewan’s economy continues to be a top performer.”

Farm, fishing and food product exports were $1.1 billion in May, up 27.1 per cent over last year.  Energy products were $1.2 billion, up 42.4 per cent over the same period.  Both areas hit record levels for the month of May.

“Agriculture and energy are two of our main sectors,” Harrison said.   “Through both direct and indirect economic activity, those areas are creating jobs and business opportunities right across the province.”

Source: Saskatchewan