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May 05, 2020NOVA 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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