The total value of Saskatchewan, Canada, exports to the world reached a record breaking $52.6 billion in 2022. This marks the highest figure ever recorded in the province's history and 42% higher than the 2021 record of $37 billion, according to Saskatchewan Trade and Export Partnership (STEP) and the Government of Saskatchewan.
As an export driven province, the economy of Saskatchewan is directly tied to the ability to compete and thrive in the international marketplace. The world needs the resources the province produces, and Saskatchewan is taking a leading role in ensuring it remains in a competitive global position.
A significant portion of export growth was driven by potash sales, which overtook crude oil as the number one Saskatchewan export. However, oil exports also increased by over 50% in 2022. While potash and oil now account for 56% of the province's exports, agri-food and manufactured goods also had record years, demonstrating the diversity and robustness of Saskatchewan's economy.
Non-agriculture manufacturing and processing export growth was led by increases in semi-chemical wood pulp (50.8%) and no-till direct seeders (87.7%).
