INTERNATIONAL MERCHANDISE TRADE STATISTICS - February 2013

Release No: 31, 2013

26th April 2013


 

This statistical release has been compiled for February 2013. The trade figures for January 2013 have been incorporated into the tables.

 

 Trade

Provisional data put the value of goods imported in February 2013 at $300.1 million while total exports was $155.4 million (Refer Graph I).

 

Compared to the previous corresponding month, imports and total exports decreased by $8.4 million (2.7%) and $17.9 million (10.4%) respectively.

 

The February 2013 trade deficit amounted to $144.7 million compared to $225.6 million a month earlier.

 

 

 

HIGHLIGHTS

 

IMPORTS

 

Tradex

 

The percentage breakdown of major import types as categorized by the Harmonized System (HS) codes is as follows:

 

    (a)  29.3 % - Mineral products;

    (b)  11.3 % - Machinery & mechanical & electrical appliances & parts thereof;

    (c)  9.2 % - Vegetable products;);

    (d)  8 % - Vehicles, aircraft, vessels & associated transport equipment;

    (e)  7.8 % - Live animals: animal products;

    (f)   5.3 % - Textiles & textile articles;

    (g)  5.1 % - Chemicals & allied products.

 

Compared to February 2012, the import categories recording notable decreases were:

  • Mineral products [HS 25-27], down $23.6 million (21.2%) to $88.0 million due to decreased imports of gas oil (diesel) and;
  • Chemicals & allied products [HS 28-38], down $8.4 million (35.6%) to $15.2 million due to decreased imports of fertilizers.

 

Compared to February 2012, the import categories recording notable increases were:

  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $11.4 million (95.5%) to $23.3 million due to increased imports of motor vehicles and aircraft parts and;
  • Vegetable products [HS 06-14], up $8.5 million (44.4%) to $27.5 million due to increased imports of wheat and meslin and semi-milled or wholly milled rice.

 

 

Graph II is relevant.

Tradexx

For the month of February 2013, Fiji’s major sources of imports (Refer Graph III) were:

 

  • Singapore, down $20.8 million (19.5%) to $85.6 million due to decreased imports of gas oil (diesel);
  • Australia, down $2.3 million (4.0%) to $54.7 million due to decreased imports of liquefied butanes;
  • New Zealand, up $0.5 million (1.2%) to $41.9 million due to increased imports of portable data processing machines;
  • China – People’s Republic, up $8.4 million (35.5%) to $32.0 million due to increased imports of fresh fish, textiles & textile articles and;
  • Malaysia, up $8.3 million (195.0%) to $12.6 million due to increased imports of bitumen or oil shale and tar sands.

 

 

 

DOMESTIC EXPORTS

 

Tradexxx

 

 

The percentage breakdown of major Export type as categorized by the HS codes is as follows:

 

    (a)  34.9 % - Prepared foodstuffs, beverages, spirits & tobacco;

    (b)  14.4 % - Textiles and textiles articles; 

    (c)  12.7 % - Wood, cork & articles thereof & plaiting materials;

    (d)  10.9 % - Vegetable products;

    (e)  8.5 % - Pearls, precious, semi-precious stones & metals;

    (f)  5.9 % - Live animals: animal products.

 

Compared February 2012, the domestic export category recording a notable decrease was: 

  • Pearls, precious, semi-precious stones & metals [HS 71], down $7.0 million (54.1%) to $5.9 million due to decreased exports of gold. 

Compared to February 2012, the domestic export category recording a notable increase was: 

  • Wood, cork & articles thereof & plaiting materials [HS 44-46], up $5.5 million (161.1%) to $8.9 million due to increased exports of woodchips. 

 

Graph IV is relevant.

 

Tradexxxx

For the month of February 2013, Fiji’s major domestic export destinations (Refer Graph V) were: 

  • United States of America, up $3.2 million (18.6%) to $20.1 million due to increased exports of mineral water;
  • Australia, down $7.5 million (30.3%) to $17.2 million due to decreased exports of sweet biscuits and gold;
  • China – People’s Republic, up $6.6 million (3,739.2%) to $6.8 million due to increased exports of aluminium ores (bauxite) and woodchips;
  • New Zealand, down $0.6 million (9.8%) to $5.5 million due to decreased exports of molasses and;
  • Vanuatu, up $0.5 million (24.8%) to $2.7 million due to increased exports of flour and biscuits.

 

 

 

 

RE-EXPORTS

 

Re-exports totaled $85.6 million compared to $98.9 million in the previous corresponding month.  Petroleum products sold to visiting ships, aircrafts and to the neighbouring Pacific Island Countries earned $52.7 million.

 

 

For further enquiries please contact Mrs. Olivia Koroi on 3315822, Ext 123. 


The International Merchandise Trade Statistics for March 2013 will be released in May.