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

May 05, 2020
NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE MARCH 2020

Year-over-year (Mar 2020 vs Mar 2019, customs based, unadjusted)

In Mar 2020, Nova Scotia  International Merchandise Trade Exports decreased 8.3%  ($38.9 million) over Mar 2019, to $428.0 million

 

Year-over-year - By Sector

Comparing Nova Scotia's exports for Mar 2020 with the same period last year, the largest dollar value increases were in Consumer Goods ($12.3 million), Motor vehicles/Parts ($5.2 million), Metal/ores ($1.6 million).  The largest dollar value decreases were in Farm, Fishing & Intermediate Food ($37.5 million), Forestry/Building/Packaging Materials ($16.4 million),  and Machinery/Equipment ($2.8 million).

 

Year-over-year by Province

In Mar 2020 Prince Edward Island reported the highest increase (18.2%), while Newfoundland and Labrador reported the highest decline (25.5%)  in merchandise trade exports over Mar 2019. Nova Scotia reported an 8.3% loss in merchandise trade exports. Canada reported an 8.6% loss in merchandise trade exports over  Mar 2019

Excluding energy exports, Prince Edward Island reported the highest increase (18.1%) while New Brunswick reported the highest decline (24.1%)  in Non-energy exports over Mar 2019. Nova Scotia reported an 8.4% loss in Non-energy exports. Canada reported a 4.7% loss in Non-energy exports over  Mar 2019.

 

 

 YEAR-OVER-YEAR EXPORTS BY INTERNATIONAL DESTINATION

  

By Commodity

 

In Nova Scotia Mar 2020, international export trade to all countries  decreased 8.3% to 428.0 million over Mar 2019.

  • Motor vehicles/Parts led the way  with a value of $130.4 million (30.5 % share),  followed by
  • Consumer Goods with a value of $104.7 million (24.5 % share),
  • Farm, Fishing & Inter. Food with a value of $54.5 million (12.7 % share),
  • Forestry/Building/Packaging Materials with a value of $46.0 million (10.7 % share),
  • Chemical, plastic, rubber with a value of $28.0 million (6.5 % share),
  • Electronics with a value of $16.0 million (3.7 % share),
  • Metal/Mineral Products with a value of $15.5 million (3.6 % share),
  • Machinery/Equipment with a value of $11.1 million (2.6 % share),
  • Metal/Ores with a value of $7.1 million (1.7 % share),
  • Transportation Equipment with a value of $6.2 million (1.4 % share),
  • Special Transactions with a value of $5.0 million (1.2 % share),  and ,
  • Energy with a value of $3.6 million (0.8 % share).

 

By Trading Partner

 

 

In the period Mar 2020 vs Mar 2019, year-over-year export trade to the United States increased 1.8% ($5.3 million) to $310.7 million. Mexico decreased 59.2% (-$3.1 million) to $2.1 million.

 

 

 

 

Year-over-year (Mar 2020 vs Mar 2019) export trade to China decreased 46.2% (-$27.3 million) to $31.8 million;  Japan  up 13.3% ($0.7 million)   to $6.3  million;  South Korea  down 52.7% ($5.6 million)   to $5.0  million;  Hong Kong  down 76.5% ($1.7 million)   to $0.5  million;  India  up 202.0% ($2.3 million)   to $3.4  million;  Taiwan up 58.0% ($0.7 million)  to $1.8  million;  Indonesia  down 97.3% ($2.0 million)   to $0.1  million;  Singapore  down 89.5% ($2.8 million)   to $0.3  million.

Year-over-year (Mar 2020 vs Mar 2019) export trade to  United Kingdom  down 14.6% ($1.3 million)   to $7.8  million;  Germany  up 4.7% ($0.3 million)   to $5.7  million;  Italy  up 25.4% ($0.4 million)   to $1.8  million;   France  down 4.2% ($0.3 million)   to $7.2  million;  Netherlands  up 37.4% ($1.9 million)  to $6.9  million;  Belgium  down 54.5% ($2.0 million)   to $1.7  million;  Spain  down 25.2% ($0.4 million)   to $2.4  million; Norway down 23.0% ($0.4 million)   to $1.2 million; Switzerland up 101.8% ($0.3 million)   to $0.6 million; Russian Federation up 172.0% ($0.04 million)   to $0.1 million.

 

Year-over-year (Mar 2020 vs Mar 2019) Brazil up 208.7% ($1.3 million)   to $1.9 million; Peru up 159.1% ($0.2 million)   to $0.3 million; Saudi Arabia up 349.0% ($0.2 million)   to $0.2 million;  Turkey down 67.3% ($0.2 million)   to $0.1 million; Iraq down 39.5% ($0.2 million)   to $0.3 million; Australia up 25.9% ($0.4 million)   to $1.8 million; Residual down 16.5% ($5.1 million)   to $25.9 million.

 

 

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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