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December 04, 2020NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE OCTOBER 2020
Year-to-Date by Sector (Jan-Oct 2020 vs Jan-Oct 2019, customs based, unadjusted)
In Nova Scotia International Merchandise Trade Exports decreased 15.9% ($816.0 million) to $4,309.6 million.
Sector value increases occurred in
- Metal/Ores ($18.8 million)
- Energy ($3.8 million)
Sector value declines occurred in
- Motor vehicles/Parts (-$235.4 million)
- Farm, Fishing, Intermediate Food Products (-$173.9 million)
- Forestry/Building/Packaging Materials (-$153.8 million)
- Consumer Goods (-$111.4 and million)
- Chemical, plastic, rubber (-$69.5 million)
- Machinery/Equipment (-$44.0 million)
- Metal/Mineral Products (-$31.4 million)
- Electronics (-$7.8 million)
- Transportation Equipment (-$5.8 million) and
- Special Transactions (-$5.6 million)
Year to date - By Province (Jan-Oct 2020)
- Nova Scotia reported a 15.9% loss in merchandise trade exports.
- Canada reported a 14.0% loss in merchandise trade exports.
- Saskatchewan reported the highest increase (3.6%) while
- Newfoundland and Labrador reported the highest decline (27.0%) in merchandise trade exports
TREND NS AND CANADA
TREND NOVA SCOTIA AND CANADA (Year over year, Oct 2017 to Oct 2020, unadjusted)
October 2020, Nova Scotia International Merchandise Trade Exports reported a 7.6% loss in merchandise trade exports. This compares to a 5.0% gain in merchandise trade exports in Oct 2019 and a 6.5% gain in merchandise trade exports in Oct 2018.
October 2020, Canada International Merchandise Trade Exports reported a 7.9% loss in merchandise trade exports. This compares to a 1.5% loss in merchandise trade exports in Oct 2019 and a 13.9% gain in merchandise trade exports in Oct 2018.
YEAR-TO-DATE EXPORTS BY INTERNATIONAL DESTINATION
Jan-Oct 2020 vs Jan-Oct 2019
In North America exports to
- United States decreased 12.4% (-$398.0 million)
- Mexico decreased 34.9% (-$18.6 million)
In Asia exports to
- China decreased 21.5% (-$167.2 million)
- Japan decreased 8.7% (-$6.8 million)
- South Korea decreased 5.6% (-$5.2 million)
- Hong Kong decreased 54.1% (-$32.6 million)
- India increased 67.5% ($16.0 million)
- Taiwan increased 20.1% ($2.3 million)
- Indonesia decreased 88.8% (-$16.4 million)
- Singapore decreased 83.0% (-$24.8 million)
In Europe, exports to
- United Kingdom decreased 13.2% (-$10.1 million)
- Germany increased 2.6% ($1.2 million)
- Italy decreased 19.2% (-$2.8 million)
- France decreased 6.8% (-$5.0 million)
- Netherlands increased 18.5% ($12.1 million)
- Belgium increased 8.0% ($3.1 million)
- Spain decreased 14.0% (-$5.7 million)
- Norway increased 18.4% ($3.1 million)
- Switzerland decreased 26.0% (-$1.7 million)
- Russian Federation decreased 21.4% (-$0.7 million)
In other countries, exports to
- Brazil decreased 19.7% (-$2.6 million)
- Peru increased 22.9% ($0.2 million)
- Algeria increased 77.8% ($0.01 million)
- Saudi Arabia increased 161.9% ($1.4 million)
- Turkey decreased 28.9% (-$1.5 million)
- Iraq decreased 57.1% (-$2.3 million)
- Australia decreased 3.8% (-$0.7 million)
- Residual decreased 2.1% (-$5.4 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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