Domestic exports of Nova Scotia agricultural and seafood products declined to $2.38 billion in 2020. The COVID-19 pandemic disrupted trade over the course of 2020, resulting in lower exports for many of Nova Scotia’s key exports. Despite this temporary decline, this goal is still surpassing the 2024 target ahead of schedule. After declining to a low of $977 million in 2010, domestic exports of agricultural and seafood products have grown by $1.4 billion. The acceleration in seafood exports were responsible for putting this goal on track to meet the target well ahead of time.
|Year||Fish and seafood||Agri-products||Target||Baseline|
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What This Means
This data measures the current dollar value of Nova Scotia seafood and agricultural products that are exported to other countries (not including shipments to other provinces). Some of the recent growth has been due in part to strong lobster prices and to a lesser extent on volume increases.