Over the last decade, Alberta’s exports have roughly doubled in value in nominal terms, driven mainly by crude oil and other energy products, with total international merchandise exports rising from on the order of about $90–$100 billion in the mid‑2010s to around $180 billion by 2024. Within that, crude oil alone accounts for roughly two‑thirds of Alberta’s export value in recent years, reaching about $124 billion in 2024.lop.parl+2
Recent export levels
-
In 2023, Alberta’s international merchandise exports were reported at about $171–172 billion, down from a peak in 2022 but still far above mid‑2010s levels.lop.parl+1
-
In 2024, estimates place Alberta’s total exports around $182–183 billion, about 4–5% higher than 2023 and nearly double the roughly $92.3 billion reported in 2015.worldstopexports+2
-
Resource‑based goods (mainly energy) make up about three‑quarters of Alberta’s export value, with manufactured goods around one‑quarter.lop.parl
Role and value of oil
-
Crude petroleum oils accounted for about $124–124.2 billion of Alberta’s exports in 2024, roughly 68–72% of the total value of provincial exports.lop.parl+1
-
Crude oil and hydrocarbon gases together represented about 72.5% of Alberta’s export value in 2024, underscoring that export performance over the last decade is essentially an energy story.atb+1
-
Over earlier 10‑year review periods, provincial finance analysis found that most growth in total exports was explained by a large percentage increase in energy exports, with all of the net increase in goods exports attributed to crude oil value growth, illustrating how sensitive total exports are to oil prices and volumes.open.alberta
Ten‑year trend snapshot
-
In 2015, Alberta’s merchandise exports fell sharply (about 24%) to roughly $92.3 billion due to lower oil and gas prices, but subsequent years saw recovery as prices and production improved.open.alberta
-
From 2020 to 2024, export revenues nearly doubled (from about $92.5 billion in 2020 to roughly $183.2 billion in 2024), largely because of higher energy prices and higher crude oil export volumes.worldstopexports
-
By 2024, Alberta’s exports represented over 30% of all Canadian exported products, with energy—especially crude oil—remaining the dominant driver of export value over the past decade.lop.parl+1
- https://lop.parl.ca/sites/PublicWebsite/default/en_CA/ResearchPublications/TradeAndInvestment/2024501E
- https://www.worldstopexports.com/albertas-top-exports/
- https://open.alberta.ca/dataset?organization=economicdevelopmentandtrade&dataset_type=publications&tags=merchandise+exports
- https://lop.parl.ca/staticfiles/PublicWebsite/Home/ResearchPublications/TradeAndInvestment/PDF/2024/2024-501-E.pdf
- https://www.atb.com/company/insights/the-twenty-four/alberta-international-exports-to-december-2024/
- https://open.alberta.ca/publications/alberta-s-international-merchandise-exports-a-10-year-review
- https://economicdashboard.alberta.ca/dashboard/oil-production/
- https://www.aer.ca/data-and-performance-reports/statistical-reports/alberta-energy-outlook-st98/crude-oil/crude-oil-production
- https://www.capp.ca/wp-content/uploads/2025/09/Alberta-Oil-Gas-101-September-16-2025.pdf
- https://rbnenergy.com/daily-posts/analyst-insight/alberta-crude-oil-production-pushes-record-high-november
- https://natural-resources.canada.ca/sites/nrcan/files/energy/energy-resources/CERI_Study_159_Full_Report.pdf
- https://www.oilsandsmagazine.com/energy-statistics/alberta
- https://www.canadianenergycentre.ca/surge-in-value-of-alberta-energy-has-benefits-nationwide/
- https://www.atb.com/company/insights/the-twenty-four/alberta-international-exports-july-2024/
- https://economics.td.com/ca-oil-production-2024
- https://en.wikipedia.org/wiki/Economy_of_Alberta
- https://www.facebook.com/groups/letstalkalbertaindependence/posts/1709347636330105/
- https://economicdashboard.alberta.ca/dashboard/international-merchandise-exports/
- https://www.cer-rec.gc.ca/en/data-analysis/energy-commodities/crude-oil-petroleum-products/report/canadian-crude-oil-exports-30-year-review/index.html
- https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/provincial-territorial-energy-profiles/provincial-territorial-energy-profiles-canada.html?=undefined&wbdisable=true
No comments:
Post a Comment