Overview This page contains the latest international trade data for Nova Scotia, including export and import data.

Exports In 2020, Canada's Nova Scotia exported C$ 5.21B, making it the 9th largest exporter out of the 13 exporters in Canada. In 2020 the top exports of Nova Scotia were Crustaceans; live, fresh or chilled, lobsters... (C$ 823M), Pneumatic tyres new of rubber for... (C$ 626M), Pneumatic tyres new of rubber for... (C$ 257M), Crabs, frozen (C$ 237M), and Uncoated paper and paperboard (not 4801... (C$ 183M).

Imports In 2020, Canada's Nova Scotia imported C$ 8.34B, making it the 8th largest importer out of the 13 importers in Canada. In 2020 top imports of Nova Scotia were Medium Sized Cars (C$ 1.55B), Tanks and other armoured fighting vehicles (C$ 1.16B), Commodities not specified according to kind (C$ 586M), Large Sized Cars (C$ 520M), and Petroleum spirit for motor vehicles (C$ 421M).

Economic Complexity In 2020, the highest complexity exports of Nova Scotia according to the product complexity index (PCI) are Musical Instrument Parts (1.31), Technical Use Textiles (1.19), Newsprint (1.13), Liquid Fuel Furnaces (1.08), and Opto-Electric Instrument Parts (0.95). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Historical Data

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Yearly Exports

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Top Destination (2020): United States, C$ 3.37B

Top Product (2020): Crustaceans; live, fresh or chilled, lobsters..., C$ 823M

In 2020 the top export destinations of Nova Scotia were United States (C$ 3.37B), China (C$ 653M), South Korea (C$ 103M), Netherlands (C$ 98.5M), and France (C$ 86.7M).

In 2020 the top exports of Nova Scotia were Crustaceans; live, fresh or chilled, lobsters... (C$ 823M), Pneumatic tyres new of rubber for... (C$ 626M), Pneumatic tyres new of rubber for... (C$ 257M), Crabs, frozen (C$ 237M), and Uncoated paper and paperboard (not 4801... (C$ 183M).

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Exports Dynamics

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Fastest Growing Exports Destination (Jun 2020 - Jun 2021)

Rapidly Declining Export Origins (Jun 2020 - Jun 2021)

Yearly Imports

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Top Origin (2020): Germany, C$ 1.85B

Top Import (2020): Medium Sized Cars, C$ 1.55B

In 2020 the top import origins of Nova Scotia were Germany (C$ 1.85B), Belgium (C$ 1.37B), United Kingdom (C$ 716M), United States (C$ 603M), and Cuba (C$ 568M).

In 2020 the top imports of Nova Scotia were Medium Sized Cars (C$ 1.55B), Tanks and other armoured fighting vehicles (C$ 1.16B), Commodities not specified according to kind (C$ 586M), Large Sized Cars (C$ 520M), and Petroleum spirit for motor vehicles (C$ 421M).

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Imports Dynamics

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Fastest Growing Import Origins (Jun 2020 - Jun 2021)

Rapidly Declining Import Origins (Jun 2020 - Jun 2021)

Economic Complexity

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Economic Complexity of Canada

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Economic Complexity (2020): -0.18

Nova Scotia ranks 5th out of the 13 provinces in Canada according to ECI.

The Economic Complexity Index, or ECI, is a measure of an economy’s capacity which can be inferred from data connecting locations to the activities that are present in them. For more info about Economic Complexity, visit the Economic Complexity page.

Estimated using exports data.

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Economic Complexity Ranking

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The economic complexity of a territory can change year to year. Nova Scotia it is in position 5th considering its ECI in the last year.

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Export Opportunities by Relatedness

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The top export opportunities according to the relatedness level, without considering those products were Nova Scotia already has a comparative advantage, are led by Rough Wood (0.14), Animal Meal and Pellets (0.13), Crude Petroleum (0.13), Cement (0.13), and Processed Cereals (0.13).

Most Complex Products by PCI

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The highest complexity exports of Nova Scotia according to the product complexity index (PCI) are Musical Instrument Parts (1.31), Technical Use Textiles (1.19), Newsprint (1.13), Liquid Fuel Furnaces (1.08), and Opto-Electric Instrument Parts (0.95). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Most Specialized Products by RCA Index

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The most specialized products according to the RCA index are led by Crustaceans (172.4), Animal or Vegetable Fertilizers (155.2), Gypsum (144.1), Frozen Fruits and Nuts (105.7), and Molluscs (72.7).

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since Nova Scotia is more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of  Nova Scotia. These are products that tend to be co-exported with the products that Nova Scotia exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a territory's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.