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Exports and Imports


In 2008, Quebec exports elsewhere in Canada and in the world totaled 157.3 billion Canadian dollars, or 51.8% of its Gross Domestic Product (GDP). Of this total, the share of international exports is 60.4% compared with 39.6% for interprovincial exports. The breakdown by destination of international exports of goods is: United States (72.2%), Europe (14.4%), Asia (5.1%) Middle East (2.7%), Central America (2.3%), South America (1.9%), Africa (0, 8%) and Oceania (0.7%). In 2008, Quebec imports 178.0 billion Canadian dollars in goods and services, or 58.6% of GDP. International imports up 62.9% of the total compared with 37.1% for interprovincial imports. The breakdown by source of international merchandise imports is as follows: United States (31.1%), Europe (28.7%), Asia (17.1%), Africa (11.7%), South America (4.5%), Central America (3.7%), Middle East (1.3%) and Oceania (0.7%).

The North American Free Trade Agreement (NAFTA), grants Québec, among other things, the access to a market of 130 million consumers within 1000 km. With the World Trade Organization (WTO) and the NAFTA, Quebec is increasing its ability to compete internationally. Following these agreements, trade relations with other countries were boosted. As a result, Quebec has seen its exports increase significantly. These international trade contribute to the strength of the Quebec economy, especially concerning employment.

In 2010, Quebec exports declined by 0.6% compared to previous years. Exports to the United States have remained fairly stable while those to Europe surged by 46.3% and sales to Asia were down 12.8%. The unemployment rate in Quebec is around 7% and the purchasing power parity (PPP) per capita is one of the lowest in Canada which is approximately C$ 30 143

Several prominent Quebec companies work within the international market: the producers of pulp and paper Cascades and AbitibiBowater, the milk producer Agropur, the manufacturer of transport Bombardier, the company of information technology CGI, the Cirque du Soleil, the convenience stores Couche-Tard, the Garda (security company), the energy distributor Gaz Métro, the marketing firm Cossette Communication Group, the media and telecommunications company Quebecor, the accounting firm Raymond Chabot Grant Thornton, the empire Saputo and the bakery Vachon, the group of engineering and construction SNC-Lavalin, etc.

Natural Ressources
The abundance of natural resources gives Quebec an advantageous position on the world market. Quebec stands out particularly in the mining sector, ranking among the top ten world producers. It also stands for the exploitation of its forest resources.

Quebec is remarkable for the natural resources of its vast territory. It has about 30 mines, 158 exploration companies and fifteen primary processing industries. Many metallic minerals are exploited, the principals are the gold, the iron, the copper and the zinc. Many other substances are extracted including titanium, the asbestos, the silver, the magnesium, the nickel and many other metals and industrial minerals. However, only 40% of the mineral potential of Quebec is currently known. In 2003, the value of mineral exploitation reached Quebec 3.7 billion canadian dollars. Moreover, as a major center of exploration for the diamond, Quebec has seen, since 2002, an increase in its mineral explorations, particularly in the Northwest as well as in the Otish Mountains and the Torngat Mountains.

The vast majority (90.5%) of Quebec's forests are publicly owned. Forests cover more than half of Quebec's territory, for a total area of nearly 761100 sq km. The Quebec forest area covers seven degrees of latitude.

Quebec covers more than a million lakes and rivers, occupying 21% of the total area of its territory. The aquatic environment is composed of 12.1% of fresh water and 9.2% of saltwater.

Transport


Development and security of land transportation in Canada are provided by the ministère des Transports du Québec. Other organizations, such as the Canadian Coast Guard and Nav Canada, provide the same service for the sea and air transportation. The Commission des transports du Québec works with the freight carriers and the public transport.

The réseau routier québécois (Quebec road network) is managed by the Société de l'assurance automobile du Québec (SAAQ) (Quebec Automobile Insurance Corporation) and consists of about 185000 km of highways and national, regional, local, collector and forest roads. In addition, Quebec has almost 12,000 bridges, tunnels, retaining walls, culverts and other structures such as the Quebec Bridge, the Laviolette Bridge and the Louis-Hippolyte Lafontaine Bridge-Tunnel.

In the waters of the St. Lawrence there are eight deep-water ports for the transhipment of goods. In 2003, 3886 cargo and 9.7 million tonnes of goods transited the Quebec portion of the St. Lawrence Seaway.

Concerning the rail transport, Quebec has 6678 km of railways integrated in the large North American network. Although primarily intended for the transport of goods through companies such as the Canadian National (CN) and the Canadian Pacific (CP), the Quebec railway network is also used by inter-city passengers via Via Rail Canada and Amtrak.

The upper air network includes 43 airports that offer scheduled services on a daily basis. In addition, the Government of Quebec owns airports and heliports to increase the accessibility of local services to communities in the Basse-Côte-Nord and northern regions.

Various other transport networks crisscross the province of Quebec, including hiking trails, snowmobile trails and bike paths; the Green Road being the largest with nearly 4000 km in length.