Sunday, 21 June 2026 PDT | 08:58 AM
The 1 News Alt Logo Text Smart News for Global Indians

Saskatchewan exports remain strong, province ranks second in Canada per capita

AI News June 21, 2026 08:05 PM
Saskatchewan exports remain strong, province ranks second in Canada per capita

Saskatchewan maintained its position as one of Canada's leading exporting provinces in 2025, recording more than $43.7 billion in exports and ranking second nationally for per capita exports, according to the province's latest State of Trade report.

The annual report, released Thursday by the Government of Saskatchewan and the Saskatchewan Trade and Export Partnership (STEP), found the province continued to perform well despite ongoing economic and geopolitical uncertainty.

Trade and Export Development Minister Warren Kaeding said Saskatchewan's resource-based economy remains well-positioned to meet global demand.

"Saskatchewan's economy remains strong despite ongoing geopolitical and global economic challenges," Kaeding said in a news release.

Market diversification shows results

The report highlighted growth in export markets beyond Saskatchewan's traditional trading partners.

Exports outside the province's three largest markets increased by 27.1 per cent in 2025, a sign that efforts to diversify trade relationships are gaining traction.

STEP president and CEO Chris Lane said Saskatchewan exporters adapted to difficult global trade conditions throughout the year.

"Growth in markets beyond our traditional top trading partners shows that diversification efforts are creating new opportunities and strengthening our long-term competitiveness," Lane said.

Saskatchewan exported goods to more than 160 countries in 2025.

Potash continues to lead exports

Potash remained a key driver of Saskatchewan's export economy, with exports of the fertilizer ingredient increasing 13.5 per cent compared to 2024.

Other major exports included crude petroleum oil, wheat, canola seeds and natural uranium.

The province's export sector has expanded significantly over the past two decades. Saskatchewan exports were valued at $19.8 billion in 2007 and have averaged nearly $50 billion annually over the past three years.

Economic growth outpaces national average

The report also points to broader economic growth in Saskatchewan.

According to Statistics Canada, the province's real gross domestic product reached a record $85.4 billion in 2025, an increase of 2.2 per cent. That exceeded the national growth rate of 1.6 per cent.

Private capital investment also increased by 12 per cent to $13.6 billion last year, the highest growth rate among Canadian provinces.

Provincial officials said they will continue pursuing new international markets while supporting the province's established trade relationships.