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September 03, 2020NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE JULY 2020 Year-over-year (July 2020 vs July 2019, customs based, unadjusted)
In July 2020, Nova Scotia International Merchandise Trade Exports decreased 10.5% (-$56.3 million) to $482.0 million. Nine of twelve sectors were in decline.
The largest dollar value decline were in
- Motor vehicles/Parts (-$18.7 million),
- Farm, Fishing and Intermediate Food Products (-$17.1 million), and
- Forestry/Building/Packaging Materials (-$13.8 million).
The largest dollar value increases were in
- Consumer Goods (+$12.2 million) and
- Energy (+$1.5 million).
Year-over-year by Province
In July 2020, Nova Scotia reported a 10.5% decline in merchandise trade exports. Canada reported a 12.5% loss in merchandise trade exports while Prince Edward Island reported the highest increase (16.7%), and Alberta reported the highest decline (36.2%) in merchandise trade exports.
TREND NS AND CANADA
In July 2020 Nova Scotia reported a 10.5% year-over-year decline in merchandise trade exports. This compares to a -21.7% year-over-year decline in June 2020, and a -42.5% year-over-year decline in May 2020.
In July 2020 Canada reported a 12.5% year-over-year decline in merchandise trade exports. This compares to a -20.7% year-over-year decline in June 2020, and a -39.7% year-over-year decline in May 2020.
YEAR-OVER-YEAR EXPORTS BY INTERNATIONAL DESTINATION
July 2020 and July 2019
In North America, trade with
- United States decreased 6.4% (-$20.9 million)
- Mexico decreased 59.2% (-$3.7 million)
In Asia, trade with
- China decreased 29.4% (-$25.5 million)
- Japan down 16.9% (-$2.0 million)
- South Korea down 2.8% (-$0.3 million)
- Hong Kong down 30.4% (-$1.3 million)
- India up 370.7% ($7.7 million)
- Taiwan up 16.6% ($0.3 million)
- Indonesia down 99.5% (-$2.4 million)
- Singapore down 86.1% (-$3.3 million)
In Europe, trade with
- United Kingdom down 53.0% (-$5.6 million)
- Germany down 5.1% (-$0.2 million)
- Italy down 32.7% ($0.6 million)
- France down 14.3% (-$1.3 million)
- Netherlands up 52.3% ($3.4 million)
- Belgium down 12.7% (-$0.6 million)
- Spain down 38.1% (-$2.5 million)
- Norway down 12.6% (-$0.4 million)
- Switzerland down 28.2% (-$0.3 million)
- Russian Federation down 93.4% (-$0.6 million)
In other countries, trade with
- Brazil down $1.1 million
- Peru up less than 0.01%
- Algeria up less than 0.01%
- Saudi Arabia up $0.02 million
- Turkey up $0.5 million
- Iraq up less than 0.01%
- Australia down -$2.5 million
- Residual up 30.1% $7.0 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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