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Alberta’s exports sharply lower in 2015

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In the first eight months of 2015, the value of Alberta’s merchandise exports has fallen sharply by 21.3% compared to the same period of 2014, mainly as result of falling prices for crude oil and... More ≫

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In the first eight months of 2015, the value of Alberta’s merchandise exports has fallen sharply by 21.3% compared to the same period of 2014, mainly as result of falling prices for crude oil and natural gas.

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The weak Canadian dollar and strong U.S. economy benefit Alberta exporters

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International exports are one of the main drivers of the Alberta economy and the majority of Alberta exports are destined for the U.S. Therefore, the recent weakening of the Canadian dollar and... More ≫

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International exports are one of the main drivers of the Alberta economy and the majority of Alberta exports are destined for the U.S. Therefore, the recent weakening of the Canadian dollar and the strong U.S. economy should benefit those Alberta sectors that are oriented towards exports to the U.S.

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Lower crude oil prices are starting to impact Alberta’s merchandise exports

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In 2014, the value of Alberta’s merchandise exports was a record $121.4 billion, up 17.9% from 2013, mainly as a result of strong growth for oil and gas. The recent drop in oil prices has led to a... More ≫

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In 2014, the value of Alberta’s merchandise exports was a record $121.4 billion, up 17.9% from 2013, mainly as a result of strong growth for oil and gas. The recent drop in oil prices has led to a sharp decline in total exports in the first quarter and does not bode well for Alberta’s export performance in 2015.

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Alberta’s exports up sharply in 2014

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In the first half of 2014, the value of Alberta’s merchandise exports increased by 21.6% compared to the same period of 2013, mainly as result of rising natural gas prices and higher crude oil... More ≫

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In the first half of 2014, the value of Alberta’s merchandise exports increased by 21.6% compared to the same period of 2013, mainly as result of rising natural gas prices and higher crude oil volumes and prices.

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Alberta’s international exports by industry : a 10-year review, 2003 to 2013

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Between 2003 and 2013 Alberta’s international merchandise exports rose 82% to $103.7 billion. By comparison, exports from the rest of Canada rose only 14% over the same period. Although higher... More ≫

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Between 2003 and 2013 Alberta’s international merchandise exports rose 82% to $103.7 billion. By comparison, exports from the rest of Canada rose only 14% over the same period. Although higher prices and volumes of crude oil exports were the main driver of Alberta’s export growth, the manufacturing and agricultural sectors also made sizeable contributions to overall export growth.

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International exports contributed to Alberta’s strong economic performance in 2012

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International merchandise exports are a major driver of Alberta’s economy, accounting for more than 30% of Alberta’s Gross Domestic Product (GDP). In 2012, the value of Alberta’s merchandise... More ≫

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International merchandise exports are a major driver of Alberta’s economy, accounting for more than 30% of Alberta’s Gross Domestic Product (GDP). In 2012, the value of Alberta’s merchandise exports rose a meager 1.7% to $94.8 billion. However, this weak growth was the result of lower commodity prices as export volumes increased by an estimated 5½% in 2012. Such a high growth rate for export volumes provided a boost to Alberta’s economic growth in 2012.

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