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

September 04, 2019
NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE JULY 2019

Year-to-Date (Jan-Jul 2019 vs. Jan-Jul 2018, customs-based, unadjusted)

In Jan-Jul 2019, Nova Scotia International Merchandise Trade Exports increased 6.5% ($223.2 million) over Jan-Jul 2018, to $3.6 billion.

YTD - By Sector

Comparing Nova Scotia's exports for Jan-Jul 2019 with the same period last year the largest dollar value increase was in Farm, Fishing & Inter. Food ($138.8 million), Consumer Goods ($75.9 million), Machinery/Equipment ($49.1 million).  The largest dollar value decreases were in Forestry/Building/Packaging Materials ($61.0 million), Energy ($21.7 million), and Metal/Mineral Products ($14.5 million).

 

On a year-to-date basis, export values increased in

  • Machinery/Equipment by 72.9% ($49.1 million)
  • Metal/Ores by 35.5% ($13.9 million)
  • Farm, Fishing & Inter. Food by 21.3% ($138.8 million)
  • Transportation Equipment by 15.3% ($5.0 million)
  • Consumer Goods by 8.6% ($75.9 million)
  • Electronics by 8% ($7.5 million)
  • Special Transactions by 6.4% ($2.0 million)
  • Motor vehicles/Parts by 3.6% ($27.3 million)
  • Chemical, plastic, rubber by 0.5% ($0.9 million)

and export values decreased in

  • Metal/Mineral Products by 10.9% (-$14.5 million)
  • Forestry/Building/Packaging Materials by 12.3% (-$61.0 million)
  • Energy by 67.5% (-$21.7 million)

 YTD by Province

In Jan-Jul 2019, Prince Edward Island reported the highest increase (14.2%), while New Brunswick reported the highest decline (9.0%) in merchandise trade exports over Jan-Jul 2018. Nova Scotia reported a 6.5% gain in merchandise trade exports. Canada reported a 1.9% gain in merchandise trade exports over Jan-Jul 2018.  

Excluding energy exports, Newfoundland and Labrador reported the highest increase (47.1%) while British Columbia reported the highest decline (-6.1%) in Non-energy exports over Jan-Jul 2018. Nova Scotia reported a 7.2% gain in Non-energy exports. Canada reported a 2.0% gain in Non-energy exports over Jan-Jul 2018.

 

 

 YTD EXPORTS BY INTERNATIONAL DESTINATION

  

All countries

Nova Scotia’s trade continues to diversity. 

 

In Nova Scotia Jan-Jul 2019, international export trade to all countries increased 6.5% to $3,637.8 million over Jan-Jul 2018.

  • Consumer Goods led the way with a value of $958.8 million (26 % share), followed by
  • Motor vehicles/Parts with a value of $793.6 million (22 % share),
  • Farm, Fishing & Inter. Food with a value of $790.3 million (22 % share),
  • Forestry/Building/Packaging Materials with a value of $433.5 million (12 % share),
  • Chemical, plastic, rubber with a value of $190.3 million (5 % share),
  • Metal/Mineral Products with a value of $119.3 million (3 % share),
  • Machinery/Equipment with a value of $116.5 million (3 % share),
  • Electronics with a value of $100.7 million (3 % share),
  • Metal/Ores with a value of $52.8 million (1 % share),
  • Transportation Equipment with a value of $37.3 million (1 % share),
  • Special Transactions with a value of $34.1 million (1 % share), and,
  • Energy with a value of $10.4 million (less than 1% share).

 

 

In the period Jan-Jul 2018 vs Jan-Jul 2019, year-to-date export trade to the United States increased 6.4% ($138.8 million) to $2,299.3 million.  The United States share of total Nova Scotia exports was 63.2%.

 

Year-to-date export trade to China increased 24.6% ($113.0 million) to $571.8 million. China share of total Nova Scotia exports was 15.7%.

 

Year-to-date export trade to selected Asia countries (excluding China) increased 3.8% ($9.2 million) to $252.1 million. Japan up $1.7 million   to $57.1 million;  South Korea up $9.9 million   to $71.1 million;  Hong Kong up $4.4 million   to $52.5 million;  India up $1.5 million   to $20.7 million;  Taiwan down -$4.9 million to $8.5 million;  Indonesia down $16.2 million   to $15.7 million;  Singapore up $12.81 million   to $26.6 million. Other Major Asian share of total Nova Scotia exports was 6.9%.

Year-to-date export trade to selected Europe countries decreased 4.1% ($9.7 million) to $244.3 million. United Kingdom up $4.2 million   to $52.2 million;  Germany up $12.0 million   to $35.5 million;  Italy up $1.5 million   to $10.3 million;  France up $8.3 million   to $49.6 million;  Netherlands down $17.2 million to $44.6 million;  Belgium up $7.6 million   to $26.0 million;  Spain down $6.7 million   to $26.2 million. Major European countries share of total Nova Scotia exports was 6.7%

Year-to-date export trade to Other countries decreased 15.0% (-$47.6 million) to $270.2 million. Algeria down $126.0 million to $0.02 million; Australia down $16.6 million   to $11.7 million; Brazil up $1.3 million   to $9.0 million; Iraq down $0.7 million   to $2.7 million; Mexico down $10.6 million to $36.2 million; Norway up $1.4 million   to $12.5 million; Peru down $0.5 million to $0.33 million. Russian Federation down $0.1 million   to $2.3 million; Switzerland up $1.4 million   to $5.4 million; Saudi Arabia down $1.3 million   to $0.6 million; Turkey down $11.5 million   to $4.8 million; Residual down $10.2 million   to $184.8 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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