The year 2022 marked a major turning point in Montreal’s international trade relations, as the Port of Montreal’s main partner country in the container sector became India. In all, close to 1.6 million tonnes of containerized cargo to and from the country were handled at the Port.
Over the past 10 years, the Port of Montreal has greatly diversified its markets. Today, cargo handled at the Port of Montreal comes not only from Northern Europe, but also from the Mediterranean, Asia, the Middle East, Africa and Latin America. Germany remains the main partner in Northern Europe and the second largest overall for the year 2022.
Over the last five years, the Port of Montreal’s volumes have basically doubled with India, a major export market. The main commodities exported are lentils, forest products and steel. India mainly imports construction materials and rice.
The growth in volumes with India is largely due to the four weekly direct services by marine carriers between Mediterranean transshipment ports and the Port of Montreal.
“India and Southeast Asia generally represent high potential growth. This clearly shows the role the Port of Montreal plays to support Canadian companies in trading with the Indo-Pacific region,” said Guillaume Brossard, Vice President Development, Marketing and International Relations.
(Dreamstime photo of Port of Mumbai container activity)