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November 02, 2018NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE SEPTEMBER 2018 Year-to-Date (Jan-Sep 2018 vs. Jan-Sep 2017, customs-based, unadjusted)
In Jan-Sep 2018, Nova Scotia International Merchandise Trade Exports increased 8.0% ($321.5 million) over Jan-Sep 2017, to $4.4 billion.
YTD - By Sector
Comparing Nova Scotia's exports for Jan-Sep 2018 with the same period last year the largest dollar value increase was in Forestry/Building/Packaging Materials ($125.4 million), Farm, Fishing & Inter. Food ($50.4 million), and Chemical, plastic, rubber ($40.6 million), Metal/Ores increased 42.8% but now makes up a relatively small portion of Nova Scotia's exports.
On a year-to-date basis, export values increased in
- Energy by 267.5% ($22.3 million)
- Metal/Ores by 42.8% ($15.5) million)
- Forestry/Building/Packaging Materials by 26.1% ($125.4) million)
- Metal/Mineral Products by 17.0% ($27.1) million)
- Chemical, plastic, rubber by 17.0% ($40.6) million)
- Farm, Fishing & Inter. Food by 7.3% ($50.4) million)
- Electronics by 4.7% ($5.1) million)
- Machinery/Equipment by 3.9% ($3.3) million)
In Jan-Sep 2018, Consumer Goods led the way with a value of $1,218.9 million (28% share), followed by
- Motor vehicles/Parts with a value of $957.9 million (22% share),
- Farm, Fishing & Inter. Food with a value of $745.0 million (17% share),
- Forestry/Building/Packaging Materials with a value of $606.0 million (14% share),
- Chemical, plastic, rubber with a value of $279.4 million (6% share),
- Metal/Mineral Products with a value of $186.2 million (4% share),
- Electronics with a value of $114.5 million (3 % share),
- Machinery/Equipment with a value of $88.4 million (2% share),
- Metal/Ores with a value of $51.7 million (1% share),
- Special Transactions with a value of $40.6 million (1% share),
- Transportation Equipment with a value of $39.1 million (1% share), and,
- Energy with a value of $30.5 million (1% share).
YTD by Province
In Jan-Sep 2018, Newfoundland and Labrador reported the highest increase (+29.8%) in merchandise trade exports over Jan-Sep 2017. Nova Scotia reported an 8.0% gain in merchandise trade exports. The Canadian average was a 7.6% increase in merchandise trade exports over Jan-Sep 2017.
Excluding energy exports, Manitoba reported the fastest growth at 12.5%, followed by New Brunswick at 11.8% and Alberta at 11.5%. One province (Newfoundland and Labrador) was down 8.3%. Canada reported a 4.3% increase in Non-energy exports.
YTD EXPORTS BY INTERNATIONAL DESTINATION
Total year-to-date exports to the United States increased over Jan-Sep 2017.
Total year-to-date exports to China increased over Jan-Sep 2017.
The aggregate year-to-date exports to other Major Asian countries (Japan, South Korea, Hong Kong, India, Taiwan, Indonesia and Singapore) declined over Jan-Sep 2017.
The aggregate year-to-date exports to other Major selected European countries (United Kingdom, Germany, Italy, France, Netherlands, Belgium and Spain) increased over Jan-Sep 2017.
Statistics Canada.
Table 12-10-0001-01 International merchandise trade by commodity (x 1,000,000)
12-10-0002-01 International merchandise trade by province and commodity (x 1,000,000)
12-10-0012-01 International merchandise trade by province, commodity, and Principal Trading Partners (x 1,000)
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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