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October 04, 2019NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE AUGUST 2019 Year-to-Date (Jan-Aug 2019 vs. Jan-Aug2018, customs-based, unadjusted)
In Jan-Aug 2019, Nova Scotia International Merchandise Trade Exports increased 6.6% ($256.2 million) over Jan-Aug 2018, to $4.2 billion.
YTD - By Sector
Comparing Nova Scotia's exports for Jan-Aug 2019 with the same period last year the largest dollar value increases were in Farm, Fishing & Inter. Food ($145.7 million), Consumer Goods ($86.2 million), Machinery/Equipment ($54.1 million). The largest dollar value decreases were in Forestry/Building/Packaging Materials ($65.5 million), Metal/Mineral Products ($20.7 million), and Energy ($19.8 million).
On a year-to-date basis, export values increased in
- Machinery/Equipment by 68.9% ($54.1 million)
- Metal/Ores by 37.3% ($16.5 million)
- Transportation Equipment by 21.3% ($7.7 million)
- Farm, Fishing & Inter. Food by 19.5% ($145.7 million)
- Consumer Goods by 8.5% ($86.2 million)
- Electronics by 8.5% ($9.1 million)
- Special Transactions by 5.7% ($2.1 million)
- Motor vehicles/Parts by 4.6% ($40.0 million)
- Chemical, plastic, rubber by 0.4% ($0.8 million)
and export values decreased in
- Forestry/Building/Packaging Materials by 11.5% (-$65.5 million)
- Metal/Mineral Products by 13.4% (-$20.7 million)
- Energy by 60% (-$19.8 million)
YTD by Province
In Jan-Aug 2019, Prince Edward Island reported the highest increase (12.1%), while New Brunswick reported the highest decline (9.8%) in merchandise trade exports over Jan-Aug 2018. Nova Scotia reported a 6.6% gain in merchandise trade exports. Canada reported a 1.2% gain in merchandise trade exports over Jan-Aug 2018.
Excluding energy exports, Newfoundland and Labrador reported the highest increase (47.1%) while British Columbia reported the highest decline (8.4%) in Non-energy exports over Jan-Aug 2018. Nova Scotia reported a 7.1% gain in Non-energy exports. Canada reported a 1.7% gain in Non-energy exports over Jan-Aug 2018.
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YTD EXPORTS BY INTERNATIONAL DESTINATION
All countries
Nova Scotia’s trade continues to diversity.
In Nova Scotia Jan-Aug 2019, international export trade to all countries increased 6.6% to $4,154.5 million over Jan-Aug 2018.
- Consumer Goods led the way with a value of $1,096.1 million (26 % share), followed by
- Motor vehicles/Parts with a value of $903.2 million (22 % share),
- Farm, Fishing & Inter. Food with a value of $893.6 million (22 % share),
- Forestry/Building/Packaging Materials with a value of $505.6 million (12 % share),
- Chemical, plastic, rubber with a value of $216.6 million (5 % share),
- Metal/Mineral Products with a value of $133.4 million (3 % share),
- Machinery/Equipment with a value of $132.6 million (3 % share),
- Electronics with a value of $116.3 million (3 % share),
- Metal/Ores with a value of $60.9 million (1 % share),
- Transportation Equipment with a value of $43.9 million (1 % share),
- Special Transactions with a value of $39.1 million (1 % share), and,
- Energy with a value of $13.2 million (> 1 % share),
In the period Jan-Aug 2018 vs Jan-Aug 2019, year-to-date export trade to the United States increased 6.2% ($151.7 million) to $2,603.6 million. The United States share of total Nova Scotia exports was 62.7%.
Year-to-date export trade to China increased 23.1% ($124.6 million) to $663.0 million. China's share of total Nova Scotia exports was 16.0%.
Year-to-date export trade to selected Asia countries (excluding China) increased 2.4% ($6.7 million) to $286.3 million. Japan up $1.7 million to $65.9 million; South Korea up $14.4 million to $84.1 million; Hong Kong up $3.1 million to $58.1 million; India up $2.0 million to $23.2 million; Taiwan down -$6.5 million to $10.3 million; Indonesia down $18.8 million to $16.2 million; Singapore up $10.82 million to $28.6 million; Other Major Asian share of total Nova Scotia exports was 6.9%.
Year-to-date export trade to selected Europe countries decreased 5.8% ($15.8 million) to $287.4 million. United Kingdom up $5.5 million to $61.3 million; Germany up $12.9 million to $39.5 million; Italy up $2.3 million to $12.4 million; France up $11.4 million to $60.8 million; Netherlands down $17.2 million to $51.4 million; Belgium up $6.5 million to $30.3 million; Spain down $5.6 million to $31.9 million; Major European countries share of total Nova Scotia exports was 6.9%
Year-to-date export trade to Other countries decreased -11.9% (-$42.6 million) to $314.0 million. Algeria down $0.6 million to $0.02 million; Australia down $18.8 million to $13.1 million; Brazil up $1.4 million to $10.2 million; Iraq up $0.4 million to $3.8 million; Mexico down $7.1 million to $44.6 million; Norway up $2.0 million to $14.1 million; Peru down $0.4 million to $0.47 million; Russian Federation up $0.5 million to $2.9 million; Switzerland up $1.6 million to $5.8 million; Saudi Arabia down $1.3 million to $0.7 million; Turkey down $11.7 million to $5.0 million; Residual down $8.5 million to $213.3 million. Other countries share of total Nova Scotia exports was 7.6%.
Statistics Canada Links
12-10-0119-01 International merchandise trade: Nova Scotia sectors
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: by province, commodity, trading partners
Trading partners group 1: All, US, China
Trading partners group 2: Japan et al
Trading partners group 3: UK et al
Trading partners group 4: Mexico et al
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