INTERNATIONAL MERCHANDISE TRADE STATISTICS - June 2013

Release No: 60, 2013                                                                                                     

30th August 2013


TradeJun13

 

Provisional data put the value of goods imported in June 2013 at $345.0 million while total exports was $141.0 million. (Refer Graph I).

Compared to the previous corresponding month, imports and exports decreased by $32.7 million (8.7%) and $39.0 million (21.5%) respectively.

The June 2013 trade deficit amounted to $204.1 million compared to $456.4 million a month earlier.

 

 

 

HIGHLIGHTS

IMPORTS

 

TradeJun13a

 

 

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

       a)  23.3 % - Mineral products;  

       b) 16.8 % - Machinery & mechanical & electrical appliances & parts thereof;

       c) 9.1 % - Vegetable products;

       d) 8.5 % - Vehicles, aircraft & associated transport equipment;

       e) 6.8 % - Chemicals and allied products;

       f)  5.6 % - Live animals: animal product and;

       g) 5.6 % - Base metals & articles thereof.

 

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

  • Vegetable products [HS 06-14], up $11.3 million (56.1%) to $31.3 million due to increased imports of wheat and meslin and;
  • Chemicals and allied products [HS 28-38], up $5.5 million (31.2%) to $23.3 million due to increased imports of fertilizers.

Compared to June 2012, the import category recording notable decreases were:

  • Mineral products [HS 25 – 27], down $51.6 million (39.1%) to $80.3 million due to decreased imports of gas oil (diesel) and;
  • Live animals: animal products [HS 01-05], down $17.8 million (47.8%) to $19.4 million due to decreased imports of fresh fish.

  Graph II is relevant.

TradeMay13b

  • Singapore, down $50.7 million (37.1%) to $86.1 million due to decreased imports of gas oil (diesel);
  • Australia, up  $1.4 million (2.1%) to $67.6 million due to increased imports of wheat and meslin;
  • China - People’s Republic, up $20.2 million (58.2%) to $54.9 million due to increased imports of mechanical shovels, excavators and shovel loader;
  • New Zealand, down $1.4 million (2.9%) to $45.0 million due to decreased imports of lamb and;
  • Thailand, up $3.8 million (67.3%) to $9.5 million due to increased imports of sugar.

 

 

 

 

DOMESTIC EXPORTS

 

TradeJun13c

 

The percentage breakdown of major domestic export type as categorized by the HS codes are as follows:

       a) 35.0 % - Prepared foodstuffs, beverages, spirits & tobacco;

       b) 11.4 % - Live animals: animal products;

       c) 11.2 % - Pearls, precious, semi-precious stones & metals;

       d) 10.2 % - Textiles & textiles articles;

       e)  9.1 % - Wood, cork & articles thereof & plaiting material and;

       f)   8.2 % - Vegetable products.

Compared to June 2012, there were no domestic export categories recording notable increases or decreases.

 

TradeJun13d

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

  • Australia, down $1.8 million (7.6%) to $22.4 million due to decreased exports of gold;
  • United States of America, up $2.1 million (10.7%) to $21.8 million due to increased exports of mahogany;
  • China - People’s Republic, up $4.7 million (215.3%) to $6.9 million due to increased exports of aluminum ores (bauxite) and concentrates;
  • New Zealand, down  $1.1 million (19.3%) to $4.5 million due to decreased exports of dalo and;
  • Vanuatu, up $1.1 million (37.5%) to $3.9 million due to increased exports of sweet biscuits and uncooked pasta. 

 

RE-EXPORTS

Re-exports totaled $57.9 million compared to $96.9 million in the previous corresponding month.  Petroleum products sold to visiting ships, aircrafts and to the neighbouring Pacific Island Countries earned $20.9 million.

 

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For further enquiries please contact Lilieta Lewanavanua on 3315822, Ext 122 or email 

The International Merchandise Trade Statistics for July 2013 will be released on 27th September 2013.