2012 Statistics: Germany becomes Quebec's most important commercial partner in Europe


Photo courtoisie

The most recent publications of Quebec's Institute for Statistics show that Germany has become Quebec's most important commercial partner in Europe. Already Quebec's first client in 2011, Germany also became Quebec's first European products supplier in 2012.

As a matter of fact, Germany products imports into Quebec grew 14% in yearly comparison, from 3.9 billion CA$ in 2011 to 4.5 billions CA$ in 2012. Already the first European importer of Quebec products with 1.53 billion CA$ in 2011, Germany maintained its place with 1.51 billion CA$ in 2012.

Overall, commercial exchanges between Germany and Quebec amounted to 5.4 billion CA$ in 2011, 6 billion CA$ in 2012. That means a 10% increase in just one year.

Currently, Germany is Quebec's 4th supplier of foreign products and 3rd client worldwide. No doubt this partnership is of particular importance to Quebec.

Good to know: The territories covered by the Quebec General Delegation in Munich (e.g. Germany, Austria and Switzerland) registered global exchanges of approx. 6.84 billion CA$ in 2011, 7.32 billion CA$ in 2012.

Source : MRIFCE