Nova Scotia exports reached a record high in 2019.
Exports totalled $6.05 billion last year, up 5.7 per cent from 2018. This reflects three years of continued increases for the province as products and markets have diversified.
“More and more customers around the world are recognizing the high quality of Nova Scotia products,” said Premier Stephen McNeil. “I want to congratulate business people across our province for their global success. We have worked hard to build strong international trade relationships and will continue those efforts.”
The largest export increases from last year were from seafood products with exports over $2.3 billion, an increase of $277 million or 13.5 per cent from 2018.
Tire shipments were up $55 million or 4.9 per cent to $1.2 billion while frozen fruit exports increased $34 million or 32 per cent to $138 million.
Quick Facts:
- since 2016, exports have grown an average of 5 per cent per year
- machinery and equipment exports increased $41 million or 33 per cent to $166 million
- aerospace parts exports increased $35 million or 68 per cent to $86 million
- this is the second year in a row the province has surpassed previous export highs
- key provincial programs and services for Nova Scotia businesses to start exporting and to grow include international business development education, export growth program funding, trade missions, market intelligence, logistics support, and export-guided assessment tools available through Nova Scotia Business Inc.
Source: Release