Goal 5

Value of Exports

Nova Scotia will have increased the total annual value of exports (international and inter-provincial) by 50%.


People working in an apple orchard picking fruit and placing them into basket. People working in an apple orchard picking fruit and placing them into basket.

Goal Status

donut shaped icon to signify the status of not progressing Not Progressing Not On Track
Current: $14.3B
Baseline: $15B
Target: $22.5B
Bands

Current Situation

Growth in non-energy exports abroad of over 40 per cent from 2010 to 2017 – driven mainly by seafood and tire manufacturing – has been significant. However, Nova Scotia’s overall exports exhibited little growth in recent years due to declining output of natural gas and forest products. As of 2017, the province's exports of goods and services were valued at $14.3 billion of the $22.5 billion target.

Year Amount (Chained 2012 Dollars) Target
1981 6640 22500
1982 6076 22500
1983 6088 22500
1984 6819 22500
1985 7098 22500
1986 8500 22500
1987 8594 22500
1988 8059 22500
1989 8524 22500
1990 8582 22500
1991 8631 22500
1992 9155 22500
1993 9407 22500
1994 9416 22500
1995 9646 22500
1996 10530 22500
1997 11638 22500
1998 11946 22500
1999 12433 22500
2000 13614 22500
2001 14364 22500
2002 15288 22500
2003 15478 22500
2004 15970 22500
2005 15754 22500
2006 15384 22500
2007 16283 22500
2008 15711 22500
2009 14711 22500
2010 15380 22500
2011 15140 22500
2012 15098 22500
2013 14999 22500
2014 14286 22500
2015 13983 22500
2016 14077 22500
2017 14348 22500

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What This Means

Growth in Nova Scotia exports has been hampered by declining output of natural gas at Sable Island and smaller than expected reserves at Deep Panuke, as well as several large manufacturing closures and the high Canadian dollar. However, the more positive numbers in non-energy exports show considerable strength in the markets for seafood and other farm and processed food products and steady growth in tire exports. 

Deep Dive

Read more detailed information about this goal by clicking 'Deep Dive'

Value of Exports Deep Dive

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