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October 05, 2017NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE AUGUST 2017 CUSTOMS BASIS
Unadjusted
Year-to-Date (January-August 2017 vs. January-August 2016)- All merchandise
In Jan-Aug 2017, Nova Scotia merchandise trade exports increased $118.9 million to $3.6 billion over Jan-Aug 2016. This is a recent high, but not quite the all-time high of $3.717 billion in Jan-Aug 2014, or the high point in Jan-Aug 2008 ($3.781 billion) before the slump 2009 to 2013.
YTD - By Sector
In Nova Scotia for January-August 2017, merchandise exports grew 3.4 per cent or $118.9 million compared to the same months in 2016. The largest dollar value increase were in consumer goods (+$112.9 million), metal/mineral products (+$52.0 million), and forestry products (+$23.4 million). Energy products declined $52.7 million compared to the same period in 2016.
On a year-to-date basis, exports values increased in:
- Metal and non-metallic mineral products by 33.9% ($52.0 million) to $205.5 million
- Consumer goods by 12.2% ($112.9 million) to $1.04 billion
- Forestry products and building and packaging materials by 5.8% ($23.4 million) to $424.7 million
- Basic and industrial chemical, plastic and rubber products by 3.6% ($7.4 million) to $214.6 million
- Farm, fishing and intermediate food products by 0.8% ($5.2 million) to $620.9 million
On a year-to-date basis, exports values decreased in:
- Energy products by 86.3% (-$52.7 million) to $8.4 million
- Motor vehicles and parts by 0.7% (-$6.2 million) to $846.7 million
- Electronic and electrical equipment and parts by 8.6% (-$9.3 million) to $99.2 million
- Aircraft and other transportation equipment and parts by 5.4% (-$2.3 million) to $40.2 million
- Industrial machinery, equipment and parts by 5.5% (-$4.4 million) to $75.7 million.
YTD by Province
In Jan-Aug 2017, Alberta ranked first among the provinces in growth of domestic exports. Year-to-date exports increased 36.1 per cent over the same period last year. Canadian year to date exports are up 10.1 per cent.
In Jan-Aug 2017, Nova Scotia ranked eight among the provinces in growth of domestic exports. Year-to-date exports increased 3.4 per cent over the same period last year.
In Jan-Aug 2017, non-energy exports have increased 4.9 per cent in Nova Scotia over Jan-Aug 2016. Canada non-energy exports have grown 3.1 per cent during this period.
US Trade by Province
In Nova Scotia Jan-Aug 2017, exports to the United States declined 2.9% over the same period last year. Export trade to countries excluding the US increased 17.3% and export trade to all countries increased 3.4%, over the same period last year.
In Canada Jan-Aug 2017, exports to the United States increased 9.2% over the same period last year. Export trade to countries excluding the US increased 12.9% and export trade to all countries increased 10.1%, over the same period last year.
SOURCES
CANSIM tables 228-0058 to 228-0068.
Publications: List of related Statistics Canada publications
Statistics Canada Daily related to this article.
Canadian international merchandise trade database.
Industry Canada Trade database.
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