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Alberta’s international exports by industry : a 10-year review, 2006 to 2016

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Between 2006 and 2016, Alberta’s international merchandise exports rose 1.5 per cent to $78.9 billion. By comparison, Alberta exports rose 91 per cent between 2004 and 2014. The much lower 10-year... More ≫

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Between 2006 and 2016, Alberta’s international merchandise exports rose 1.5 per cent to $78.9 billion. By comparison, Alberta exports rose 91 per cent between 2004 and 2014. The much lower 10-year growth rate for 2016 is mainly the result of the sharply lower oil and gas prices of 2015 and 2016.

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Alberta’s merchandise exports fell again in 2016 because of lower oil and gas prices

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After a 24% drop in 2015, the value of Alberta’s merchandise exports fell by a further 14.6% in 2016 to $78.9 billion as much lower prices for oil and gas led to lower export revenues for oil and... More ≫

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After a 24% drop in 2015, the value of Alberta’s merchandise exports fell by a further 14.6% in 2016 to $78.9 billion as much lower prices for oil and gas led to lower export revenues for oil and gas as well as for the manufacturing sectors that depend on the oil and gas sector.

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Alberta’s merchandise exports fell sharply in 2015 because of lower oil and gas prices

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In 2015, the value of Alberta’s merchandise exports fell sharply by 24% to $92.3 billion as a result of much lower prices for oil and gas.

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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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Alberta's international merchandise exports : a 10-year review

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Although the value of Alberta’s goods exports fell sharply by 37% between 2008 and 2009 as a result of the global recession, 2010’s value of $77.8 billion was still 41% higher than the $55.3... More ≫

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Although the value of Alberta’s goods exports fell sharply by 37% between 2008 and 2009 as a result of the global recession, 2010’s value of $77.8 billion was still 41% higher than the $55.3 billion in exports of 2000. Most of the growth over the 10-year period was the result of a 58% jump in energy exports, as both prices and volumes of crude oil grew strongly over that period. In fact, all of the $22.5 billion increase in the value of total goods exports from 2000 to 2010 was accounted for by the $24 billion increase for crude oil. While natural gas was the largest export commodity during the first half of the period, its exports have fallen sharply since 2005. Manufacturing and agricultural exports grew by 13% and 23%, respectively, between 2000 and 2010.

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