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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 ≫

Description

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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