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April 17, 2019NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE FEBRUARY 2019 Year-to-Date (Jan-Feb 2019 vs. Jan-Feb 2018, customs-based, unadjusted)
In Jan-Feb 2019, Nova Scotia International Merchandise Trade Exports increased 8.7% ($73.2 million) over Jan-Feb 2018, to $0.9 billion.
YTD - By Sector
Comparing Nova Scotia's exports for Jan-Feb 2019 with the same period last year the largest dollar value increase was in Consumer Goods ($32.1 million), Motor vehicles/Parts ($19.8 million), and Forestry/Building/Packaging Materials ($9.6 million).
On a year-to-date basis, export values increased in
- Electronics by 36.2% ($7.0 million)
- Metal/Ores by 34.3% ($2.5 million)
- Machinery/Equipment by 22.7% ($4.6 million)
- Consumer Goods by 21.8% ($32.1 million)
- Motor vehicles/Parts by 10.2% ($19.8 million)
- Forestry/Building/Packaging Materials by 7.8% ($9.6 million)
- Special Transactions by 5.8% ($0.5 million)
- Farm, Fishing & Inter. Food by 2.6% ($5.5 million)
- Chemical, plastic, rubber by 0.6% ($0.3 million)
- Transportation Equipment by 0.5% ($0.05 million)
and declined in
- Metal/Mineral Products by -5.5% (-$2.0 million)
- Energy by -65.8% (-$6.8 million)
In Jan-Feb 2019
- Farm, Fishing & Inter. Food led the way with a value of $216.0 million (24 % share), followed by
- Motor vehicles/Parts with a value of $215.1 million (23 % share),
- Consumer Goods with a value of $179.5 million (20 % share),
- Forestry/Building/Packaging Materials with a value of $133.1 million (15 % share),
- Chemical, plastic, rubber with a value of $56.9 million (6 % share),
- Metal/Mineral Products with a value of $34.4 million (4 % share),
- Electronics with a value of $26.3 million (3 % share),
- Machinery/Equipment with a value of $24.6 million (3 % share),
- Metal/Ores with a value of $9.6 million (1 % share),
- Transportation Equipment with a value of $9.0 million (1 % share),
- Special Transactions with a value of $8.8 million (1 % share), and,
- Energy with a value of $3.5 million (0 % share).
YTD by Province
In Jan-Feb 2019, Prince Edward Island reported the highest increase (13.5%) in merchandise trade exports over Jan-Feb 2018. New Brunswick reported the greatest decrease, 21.9%, in international exports. Nova Scotia reported an 8.7% gain in merchandise trade exports. Canada reported a 1.0% decline in merchandise trade exports over Jan-Feb 2018.
Excluding energy exports, Prince Edward Island reported the highest increase (13.7%) in Non-energy exports over Jan-Feb 2018. Manitoba reported the greatest decline, 4.7%. Nova Scotia reported a 9.6% gain in Non-energy exports. Canada reported a 3.7% gain in Non-energy exports over Jan-Feb 2018.
YTD EXPORTS BY INTERNATIONAL DESTINATION
In Jan-Feb 2019 vs Jan-Feb 2018, Nova Scotia International Merchandise trade to the United States increased 9.0% to $591.4 million. The share of total merchandise trade exports going to the United States for Jan-Feb 2019 was 64%.
In Jan-Feb 2019 vs Jan-Feb 2018, Nova Scotia International Merchandise trade to the United Kingdom increased 51.5% to $14.3 million. The share of total merchandise trade exports going to the United Kingdom for Jan-Feb 2019 was 1.6%.
In Jan-Feb 2019 vs Jan-Feb 2018, Nova Scotia International Merchandise trade to other Europe destinations increased 5.1% to $43.5 million. The share of total merchandise trade exports going to other Europe destinations during Jan-Feb 2019 was 4.9%.
In Jan-Feb 2019 vs Jan-Feb 2018, Nova Scotia International Merchandise trade to China increased 37.1% to $165.5 million. The share of total merchandise trade exports going to China during Jan-Feb 2019 was 18%.
In Jan-Feb 2019 vs Jan-Feb 2018, Nova Scotia International Merchandise trade to Other Asian countries decreased 20.3% to $44.6 million. The share of total merchandise trade exports going to the Asia (excluding China) during Jan-Feb 2019 was 6%.
Note: Europe destinations include Germany, Italy, France, Netherlands, Belgium, Spain. Selected Asia destinations include Japan, South Korea, Hong Kong, India, Taiwan, Indonesia, Singapore
Statistics Canada.
12-10-0119-01 International merchandise trade by province and commodity
12-10-0119-01 International merchandise trade by province and energy commodity
12-10-0119-01 International merchandise trade Nova Scotia sectors
12-10-0119-01 International merchandise trade by province, commodity, and Principal Trading Partners (x 1,000)12-10-0099-01
All Tables: Monthly, quarterly, annually
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