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Exports and imports

Thanks to the World Trade Organization (WTO) and the North American Free Trade Agreement (NAFTA), Quebec had, as of 2009, experienced an increase in its exports and in its ability to compete on the international market. International exchanges contribute to the strength of the Quebec economy. NAFTA is especially advantageous as it gives Quebec, among other things, access to a market of 130 million consumers within a radius of 1,000 kilometres.

In 2008, Quebec's exports to other provinces in Canada and abroad totalled 157.3 billion CND$, or 51.8% of Quebec's gross domestic product (GDP). Of this total, 60.4% were international exports, and 39.6% were interprovincial exports. The breakdown by destination of international merchandise exports 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 imported $178 billion worth of goods and services, or 58.6% of its GDP. Of this total, 62.9% of goods were imported from international markets, while 37.1% of goods were interprovincial imports. The breakdown by origin 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%).