Saskatchewan exports for 2023 exceed $49 billion

Saskatchewan smashed a number of records for exports in 2023.

According to the annual State of Trade report – released Tuesday by the Government of Saskatchewan and the Saskatchewan Trade and Export Partnership (STEP) – the total value of Saskatchewan exports was $49.3 billion in 2023. That was the second-highest total ever for the province, behind only the $52.6 billion recorded in 2022.

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Goods from the province went to 163 countries last year, with 32 of them receiving more than $100 million in exports each.

Saskatchewan set annual records for agri-food exports (more than $20.2 billion, exceeding one of the goals included in the Saskatchewan Growth Plan), agricultural equipment exports (nearly $835 million) and exports to Latin American countries ($5.4 billion).

The report said Saskatchewan ranked first in Canada for per-capita exports at $40,425, more than twice the Canadian average of $18,925.

“Another record-breaking year of exports further demonstrates that Saskatchewan is open for business and continues to be a reliable, sustainable supplier of products that the world needs,” Trade and Export Development Minister Jeremy Harrison said in a release. “Today’s report is a testament to the incredible work being done by our exporters, producers and industry leaders.

“The continuous work of our network of nine international offices to showcase Saskatchewan’s story abroad is clearly having an impact on international markets. As the province with the largest per-capita exports in the nation, and double the national average, this export growth is leading to the creation of new jobs and opportunities in communities across Saskatchewan.”

The report said the totals for most major exports increased from 2022. The top exports for the province included crude petroleum oil, potash, wheat, canola seeds and oil, lentils, uranium, dried peas and barley.

The province’s agri-food exports were led by record totals of wheat and canola oil.