INTERNATIONAL MERCHANDISE TRADE STATISTICS - May 2013

Release No: 53, 2013                                                                                                                     

22th July 2013


 

TradeMay13

Provisional data put the value of goods imported in May of 2013 at $624.6 million while total exports was $168.3 million (Refer Graph I).

Compared to the previous corresponding month, imports increased by $320.5 million (105.4%) whilst total exports decreased by $26.3 million (13.5%).

The May of 2013 trade deficit amounted to $456.4 million compared to $236.5 million a month earlier.

 

 

HIGHLIGHTS

 

IMPORTS

TradeMay13a

 

 

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

        a)     43.0 % - Vehicles, aircraft & associated transport equipment;  

        b)     15.8 % - Mineral products;

        c)     13.3 % - Machinery & mechanical & electrical appliances & parts thereof.

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

  •              Vehicles, aircraft & associated transport equipment [HS 86-89], up $248.5 million (1,225.8%) to $268.7 million due to the import of an aircraft (Airbus);
  •              Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], up $33.4 million (67.3%) to $83.0 million due to increased imports of turbo jets and propeller and other gas turbine;
  •              Mineral products [HS 25-27], up $28.0 million (39.6%) to $98.9 million due to increased imports of aviation fuel and;
  •              Chemicals and allied products [HS 28-38], up $7.9 million (42.9%) to $26.4 million due to increased import of medicaments.

Compared to May of 2012, the import category recording a notable decrease was:

  •              Live Animals: Animal Products [HS 01-05], down $14.3 million (40.0%) to $21.4 million due to decreased imports of fresh fish.

Graph II is relevant.

TradeMay13b

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

  • France, up $245.2 million (25.4%) to $246.2 million due to the import of an aircraft (Airbus);
  • Singapore, down $0.5 million (0.7%) to $77.1 million due to decreased imports of gas oil;
  • Australia, down $1.3 million (2.0%) to $64.9 million due to decreased imports of wheat and meslin;
  • New Zealand, up $4.4 million (9.6%) to $50.7 million due to increased imports of milk and cream and;
  • China - People’s Republic, up $5.5 million (19.6%) to $33.3 million due to increased imports of fresh fish.

 

 

DOMESTIC EXPORTS

 

TradeMay13c

 

 

a)            36.6 % - Prepared foodstuffs, beverages, spirits & tobacco;

b)            13.7 % - Textiles and textile articles;

c)            10.6 % - Pearls, precious, semi-precious stones & metals;

d)              9.9 % - Vegetable products;

e)              9.1 % - Live animals: animal products;

f)               7.8 % - Wood, cork & articles thereof & plaiting material;

g)              5.4 % - Chemicals and allied products.

 

Compared to May of 2012, there were no domestic export categories recording notable increases.

Compared to May of 2012, the domestic export category recording a notable decrease was:

  • Live Animals: Animal Products [HS 01-05], down $7.2 million (53.7%) to $6.2 million due to decreased exports of fresh fish.

TradeMay13d

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

  • Australia, down $1.9 million (8.2%) to $20.7 million due to decreased exports of gold;
  • United States of America, down $2.9 million (14.7%) to $17.0 million due to decreased exports of mineral water;
  • New Zealand, down $0.9 million (13.0%) to $6.2 million due to decreased exports of dalo;
  • Papua New Guinea, up $2.3 million (2339.4%) to $2.4 million due to increased exports of flour and;
  • Samoa, up $0.2 million (7.5%) to $2.3 million due to increased exports of uncooked pasta.

 

RE-EXPORTS

Re-exports totaled $99.7 million compared to $111.4 million in the previous corresponding month.  Petroleum products sold to visiting ships, aircrafts and to the neighbouring Pacific Island Countries earned $62.8 million.

 

Click HERE for tables 

 

For further enquiries please contact Mrs. Veenita Miller on 3315822, Ext 123.

The International Merchandise Trade Statistics for June of 2013 will be released on 30th August 2013.