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December 05, 2019NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE OCTOBER 2019 Year-to-Date (Jan-Oct 2019 vs. Jan-Oct 2018, customs-based, unadjusted)
I
In Jan-Oct 2019, Nova Scotia International Merchandise Trade Exports increased 6.6% ($315.6 million) over Jan-Oct 2018, to $5.1 billion.
YTD - By Sector
Comparing Nova Scotia's exports for Jan-Oct 2019 with the same period last year the largest dollar value increases were in Farm, Fishing & Inter. Food ($198.0 million), Consumer Goods ($95.1 million), Motor vehicles/Parts ($70.9 million). The largest dollar value decreases were in Forestry/Building/Packaging Materials ($95.5 million), Metal/Mineral Products ($31.0 million), and Energy ($30.1 million).
On a year-to-date basis, export values increased in
- Machinery/Equipment by 56.9% ($59.0 million)
- Metal/Ores by 37.2% ($20.7 million)
- Transportation Equipment by 30.4% ($13.6 million)
- Farm, Fishing & Inter. Food by 21.8% ($198.0 million)
- Electronics by 11.1% ($14.8 million)
- Consumer Goods by 7.8% ($95.1 million)
- Motor vehicles/Parts by 6.6% ($70.9 million)
- Special Transactions by 5% ($2.3 million)
and export values decreased in
- Chemical, plastic, rubber by 0.8% (-$2.2 million)
- Forestry/Building/Packaging Materials by 13.3% (-$95.5 million)
- Metal/Mineral Products by 16.3% (-$31.0 million)
- Energy by 65% (-$30.1 million)
YTD by Province
In Jan-Oct 2019, Prince Edward Island reported the highest increase (10.3%), while British Columbia reported the highest decline (5.9%) in merchandise trade exports over Jan-Oct 2018. Nova Scotia reported a 6.6% gain in merchandise trade exports. Canada reported a 1.0% gain in merchandise trade exports over Jan-Oct 2018.
Excluding energy exports, Newfoundland and Labrador reported the highest increase (26.9%) while British Columbia reported the highest decline (9.1%) in Non-energy exports over Jan-Oct 2018. Nova Scotia reported a 7.3% gain in Non-energy exports. Canada reported a 1.6% gain in Non-energy exports over Jan-Oct 2018.
YTD EXPORTS BY INTERNATIONAL DESTINATION
All countries
Nova Scotia’s trade continues to diversity.
In Nova Scotia Jan-Oct 2019, international export trade to all countries increased 6.6% to $5,124.4 million over Jan-Oct 2018.
- Consumer Goods led the way with a value of $1,320.1 million (26 % share), followed by
- Motor vehicles/Parts with a value of $1,140.4 million (22 % share),
- Farm, Fishing & Inter. Food with a value of $1,105.1 million (22 % share),
- Forestry/Building/Packaging Materials with a value of $623.5 million (12 % share),
- Chemical, plastic, rubber with a value of $266.1 million (5 % share),
- Machinery/Equipment with a value of $162.8 million (3 % share),
- Metal/Mineral Products with a value of $159.5 million (3 % share),
- Electronics with a value of $148.1 million (3 % share),
- Metal/Ores with a value of $76.3 million (1 % share),
- Transportation Equipment with a value of $58.2 million (1 % share),
- Special Transactions with a value of $48.0 million (1 % share) and,
- Energy with a value of $16.2 million (<1% share)
In the period Jan-Oct 2018 vs Jan-Oct 2019, year-to-date export trade to the United States increased 5.8% ($175.4 million) to $3,197.6 million. The United States share of total Nova Scotia exports was 62.4%.
Year-to-date export trade to China increased 25.8% ($173.1 million) to $845.1 million. China's share of total Nova Scotia exports was 16.5%.
Year-to-date export trade to selected Asia countries (excluding China) increased 4.9% ($16.3 million) to $347.6 million. Japan up $8.5 million to $89.4 million; South Korea up $15.1 million to $102.6 million; Hong Kong up $4.4 million to $64.9 million; India down $0.10 million to $25.5 million; Taiwan down -$7.4 million to $12.3 million; Indonesia down $17.1 million to $21.1 million; Singapore up $12.7 million to $32.0 million; Other Major Asian share of total Nova Scotia exports was 6.8%.
Year-to-date export trade to selected Europe countries increased 2.9% ($10.1 million) to $356.6 million. United Kingdom up $8.4 million to $76.5 million; Germany up $10.5 million to $46.7 million; Italy up $0.6 million to $14.8 million; France up $11.6 million to $74.0 million; Netherlands down $18.6 million to $65.6 million; Belgium up $3.4 million to $38.3 million; Spain down $5.7 million to $40.7 million; Major European countries share of total Nova Scotia exports was 7.0%
Year-to-date export trade to selected Other countries decreased 13.6% ($59.3 million) to $377.5 million. Algeria down $1.0 million to $0.02 million; Australia down $19.5 million to $17.8 million; Brazil up $2.5 million to $13.2 million; Iraq down $0.1 million to $4.0 million; Mexico down $6.8 million to $53.2 million; Norway up $3.2 million to $16.6 million; Peru down $0.2 million to $0.7 million; Russian Federation up $0.1 million to $3.1 million; Switzerland up $1.3 million to $6.7 million; Saudi Arabia down $1.4 million to $0.8 million; Turkey down $16.7 million to $5.3 million; Residual down $20.7 million to $256.0 million. Other countries share of total Nova Scotia exports was 7.4%
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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