Nova Scotia

Overview In October 2024 Nova Scotia exported C$509M and imported C$704M, resulting in a negative trade balance of C$195M. Between October 2023 and October 2024 the exports of Nova Scotia have decreased by $-58.5M (-10.3%) from C$567M to C$509M, while imports decreased by C$-111M (-13.6%) from C$815M to C$704M.

Trade In October 2024, the top exports of Nova Scotia were Rubber Tires (C$122M), Crustaceans (C$55.6M), Uncoated Paper (C$25.5M), Molluscs (C$24.2M), and Non-fillet Fresh Fish (C$14.9M). In October 2024 the top imports of Nova Scotia were Cars (C$297M), Refined Petroleum (C$53.3M), Commodities not elsewhere specified (C$31.8M), Coal Briquettes (C$27.6M), and Delivery Trucks (C$21.5M).

Destinations In October 2024, Nova Scotia exported mostly to United States (C$357M), China (C$39.3M), Netherlands (C$9.04M), Japan (C$8.95M), and Belgium (C$8.91M), and imported mostly from Germany (C$242M), Belgium (C$57.7M), China (C$42.3M), United States (C$39.2M), and Japan (C$35.1M).

Growth In October 2024, the decrease in Nova Scotia's year-by-year exports was explained primarily by an decrease in exports to United States (C$-44.4M or -11.1%), Vietnam (C$-13.4M or -89.3%), and China (C$-7.68M or -16.3%), and product exports decrease in Molluscs (C$-17.2M or -41.5%), Crustaceans (C$-11.6M or -17.3%), and Surveying Equipment (C$-11.3M or -64.4%). In October 2024, the decrease in Nova Scotia's year-by-year imports was explained primarily by an decrease in imports from United Kingdom (C$-92.6M or -82.3%), United States (C$-43M or -52.3%), and Slovakia (C$-22.9M or -49.3%), and product imports decrease in Cars (C$-53.8M or -15.4%), Refined Petroleum (C$-48.4M or -47.6%), and Commodities not elsewhere specified (C$-21.7M or -40.6%).