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January 07, 2021NOVA SCOTIA - INTERNATIONAL MERCHANDISE TRADE NOVEMBER 2020
Year-to-Date by Sector (Jan-Nov 2020 vs Jan-Nov 2019, customs based, unadjusted)
In Nova Scotia International Merchandise Trade Exports decreased 14.9% ($832.0 million) to $4,736.9 million.
Sector value increases occurred in
- Metal/Ores ($18.9 million)
- Energy ($1.2 million)
Sector value declines occurred in
- Motor vehicles/Parts (-$248.0 million)
- Farm, Fishing, Intermediate Food Products (-$170.9 the largest dollar value decreases were in million)
- Forestry/Building/Packaging Materials (-$141.8 million)
- Consumer Goods (-$119.5 and million)
- Chemical, plastic, rubber (-$67.0 million)
- Machinery/Equipment (-$51.4 million)
- Metal/Mineral Products (-$29.9 million)
- Electronics (-$9.5 million)
- Transportation Equipment (-$7.8 million) and
- Special Transactions (-$6.2 million)
Year to date - By Province (Jan-Nov 2020)
- Nova Scotia reported a 14.9% loss in merchandise trade exports.
- Canada reported a 13.0% loss in merchandise trade exports.
- Saskatchewan reported the highest increase (3.3%) while,
- Newfoundland and Labrador reported the highest decline (27.6%) in merchandise trade exports.
TREND NS AND CANADA
TREND NOVA SCOTIA AND CANADA (Year over year, Nov 2017 to Nov 2020, unadjusted)
Nova Scotia International Merchandise Trade Exports reported a 3.7% loss in merchandise trade exports. This compares to a 4.2% gain in merchandise trade exports in Nov 2019 and a 4.5% gain in merchandise trade exports in Nov 2018.
Canada International Merchandise Trade Exports reported a 2.5% loss in merchandise trade exports. This compares to a 2.2% loss in merchandise trade exports in Nov 2019 and a 5.6% gain in merchandise trade exports in Nov 2018.
YEAR-TO-DATE EXPORTS BY INTERNATIONAL DESTINATION
Jan-Nov 2020 vs Jan-Nov 2019
In North America exports to
- United States decreased 11.6% (-$404.2 million)
- Mexico decreased 23.5% (-$13.7 million)
In Asia exports to
- China decreased 33.5% (-$306.7 million)
- Japan decreased 16.9% (-$16.6 million)
- South Korea decreased 17.7% (-$20.3 million)
- Hong Kong decreased 56.7% (-$37.9 million)
- India increased 97.1% ($27.2 million)
- Taiwan increased 54.9% ($6.9 million)
- Indonesia decreased 91.2% (-$19.2 million)
- Singapore decreased 85.1% (-$27.3 million)
In Europe, exports to
- United Kingdom decreased 12.8% (-$10.4 million)
- Germany decreased 4.2% (-$2.2 million)
- Italy decreased 16.6% (-$2.6 million)
- France decreased 6.9% (-$5.6 million)
- Netherlands increased 13.9% ($10.5 million)
- Belgium increased 10.4% ($4.3 million)
- Spain decreased 9.4% (-$4.0 million)
- Norway increased 18.1% ($3.4 million)
- Switzerland decreased 42.8% (-$4.1 million)
- Russian Federation decreased 36.9% (-$1.6 million)
In other countries, exports to
- Brazil decreased 21.3% (-$3.0 million)
- Peru increased 42.3% ($0.3 million)
- Algeria decreased 45.8% (-$0.03 million)
- Saudi Arabia increased 114.7% ($1.2 million)
- Turkey decreased 11.5% (-$0.6 million)
- Iraq decreased 61.5% (-$2.7 million)
- Australia increased 2.8% ($0.5 million)
- Residual decreased 1.2% (-$3.4 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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