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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

November 03, 2022
NOVA SCOTIA INTERNATIONAL GOODS EXPORTS, SEPTEMBER 2022

Year over year (September 2022 vs September 2021, domestic exports on a customs-basis, unadjusted)

Nova Scotia international goods exports were $492.0 million in September 2022, a decrease of 2.3% compared to September 2021. 

Canada's goods exports were up 26.3%.  International goods exports were higher in all provinces except Nova Scotia in September 2022. The largest increases were in Alberta and Saskatchewan.

Year-to-Date (January-September 2022 vs January-September 2021, domestic exports on a customs-basis, unadjusted)

Nova Scotia's international goods exports totalled $4,974.7 million over the first nine months of the year up 6.8% from the same months in 2021.   In Canada, international goods exports were up 28.2% with gains in all provinces. The fastest export growth was reported in Alberta, Saskatchewan and New Brunswick, the slowest growth in Nova Scotia and Manitoba.

Among broad product categories, Nova Scotia's year-to-date exports growth was most attributable to gains in farm, fishing and intermediate food products as well as consumer goods and forestry products. In percentage terms, the fastest gains for specified categories (excluding special transactions) were in chemical, plastic and rubber products as well as in machinery and equipment.  Most commodity categories have increased with declines only energy (a small value), motor vehicle/parts and other transportation equipment.

The US is by far Nova Scotia's largest destination for international goods exports.  Through the first nine months of 2022, Nova Scotia's exports of goods to the US were up 8.2% to $3,263.1 billion.

China is Nova Scotia's second largest export destination.  Nova Scotia exports to China were down 0.9% to $539.0 million through the first nine months of 2022.

Following China, the next largest export destinations through the first nine months of the year were France (+20.9% to $97.9 million), South Korea (-1.0% to $96.0 million), the UK (+27.6% to $87.1 million) and the Netherlands (+4.2% to $84.8 million).  Among Nova Scotia's major trading partners, the fastest percentage growth in domestic exports was to Germany (+79.3% to $58.4 million).

Nova Scotia's exports to the US accounted for 65.6% of year-to-date exports.  Massachusetts alone was a larger export destination than China with $577.8 million in shipments through the first nine months of 2022 (-$82.8 million compared to the first nine months of 2021).  Through the first nine months of 2022, the next largest US state destinations for Nova Scotia exports were: Illinois (-$47.0 million to $325.4 million), South Carolina (+$4.1 million to $299.1 million), Maine (-$14.0 million to $209.3 million), Texas (-$14.8 million to $166.9 million), New York (+$41.0 million to $131.3 million) and California (-$17.2 million to $110.2 million).  Each of these states would rank above France as an export destination for Nova Scotia goods producers. 

Source: Statistics Canada. Table 12-10-0119-01  International merchandise trade by province, commodity, and Principal Trading Partners (x 1,000)Table 12-10-0099-01  Merchandise imports and exports, customs-based, by Harmonized commodity description and coding system (HS) section, Canada, provinces and territories, United States, states (x 1,000)



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