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May 18, 2022TRADE BY EXPORT CHARACTERISTICS 2011-2021 In 2021, there were 993 exporting establishments in Nova Scotia, up by 21 from 2020, but down from their peak of 1,037 in 2019. The average value of exports per Nova Scotia exporting establishment was $5.7 million. The value of exports increased 15.9% ($781 million) to $5.7 billion.
Between 2013 and 2021, Nova Scotia international goods exports ranged in value between $4.1 billion and $5.7 billion. The number of exporting establishments from 921 in 2013 to a high of 1,037 in 2019. In the pandemic the number of exporters declined to 972. The average value of exports per exporting establishment grew from $4.5 million in 2013 to a high of $5.7 million in 2021.
In Canada 2021, the average value of exports per exporting establishment was $10.9 million. The number of exporting establishments increased 9.0% (4,338 establishments) and the value of exports increased 21.9% ($103.3 billion) to $575.2 billion.
Among the provinces, Newfoundland and Labrador recorded the highest average export value per exporting establishment at $40.4 million. Ontario has the largest number of exporting establishments at 22,145. Nova Scotia recorded the lowest average export value per exporting establishment at $5.7 million.
Definition: "An enterprise is defined as the statistical unit that directs and controls the allocation of resources relating to its domestic operations, and for which consolidated financial statements are maintained. An establishment is defined as the statistical unit where the accounting data required to measure production is available. The two measures generate a different number of exporting units as well as a different industry allocation of these units." and, "The number of exporting enterprises corresponds to the number of exporting enterprises identified in the Business Register by the TEC – Goods program." See Note to Readers.
Source: Statistics Canada. Table 12-10-0098-01 Trade in goods by exporter characteristics, by industry of establishment
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