INTERNATIONAL MERCHANDISE TRADE STATISTICS - July 2013

Release No: 71, 2013                                                                                                     

17th  October 2013


 

 

 

Provisional data put the value of goods imported in July 2013 at $434.0 million while total  exports was $179.4 million.(Refer Graph I).

 

Compared to the previous corresponding month, imports and exports increased   by $93.4 million (27.4%) and $16.6 million (10.2%) respectively.

 

The July 2013 trade deficit amounted to $254.6 million compared to $204.1 million a month earlier. 

imts Jul 13

HIGHLIGHTS

 

IMPORTS

 

imts Jul 13a

 

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

   follows:

     a) 30.0 % - Mineral products;  

     b) 15.4 % - Vehicles, aircraft & associated transport equipment;

     c) 13.6 % - Machinery & mechanical & electrical appliances & parts thereof and;

     d) 6.9 % - Live animals: animal products.

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

  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $48.8 million (274.5%) to $66.6 million due to the imports of aircrafts;
  • Mineral products [HS 25-27], up $44.5 million (51.9%) to $130.1 million due to increased imports of aviation turbine  fuel and;
  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], up $11.4 million (23.9%) to $59.1 million due to increased imports of electrical transformers for machines.

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

  • Live animals: animal products [HS 01-05], down $9.9 million (24.8%) to $30.1 million due to decreased imports of fresh fish;
  • Vegetable Products [HS 6-14], down $7.8 million (36.3%) to $13.7 million due to decreased imports of wheat and meslin and;
  • Chemicals and allied products [HS 28-38], down $5.3 million (22.5%) to  $18.1 million due to decreased imports of medicaments.

Graph II is relevant. 

 

imts Jul 13b 

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

  • Singapore, up $6.8 million (7.2%) to $100.4 million due to increased  imports of gas oil (diesel);
  • New Zealand, up $22.3 million (46.6%) to $70.1 million due to increased imports of electrical transformers;
  • Australia, down $11.6 million (16.8%) to $57.3 million due to decreased imports of wheat and meslin;
  • China-People’s Republic, up $14.6  million (42.7%) to $48.7 million due to increased imports of fresh fish and;
  • United States of America, up $33.2 million (419.1%) to $41.1 million due to imports of aircrafts.

 

DOMESTIC EXPORTS

imts Jul 13c

 

 

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

     a) 32.1 % - Prepared foodstuffs, beverages, spirits & tobacco;

     b) 15.3 % - Textiles & textiles articles;

     c) 14.6 % - Live animals: animal products;

     d) 9.6 % - Pearl, precious, semi-precious stones & metals;

     e) 9.4 % - Vegetable products and;

     f)  5.6 % - Wood, cork & articles thereof & plaiting materials.

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

  • Live animals: animal products [HS 01-05], up $5.5 million (116.6%) to $10.3 million due to 

      increased exports of fresh fish. 

 

Compared to July 2012, there were no domestic export categories recording notable decreases.

 

imts Jul 13d

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

  • United States of America, up $0.1 million  (0.6%) to $17.0 million due to increased exports of mineral water;
  •  New Zealand, down  $0.7 million (13.4%) to $4.8 million due to decreased exports of dalo;
  • Vanuatu, up $1.1 million (49.7%) to $3.5 million due to increased exports of sweet biscuits;
  • Hong Kong, up $1.2 million (71.5%) to $3.0 million due to increased exports of dried fish and;
  • China - People’s Republic, up $2.5 million (2867.8%) to $2.5 million due to increased exports of aluminum ores (bauxite).

 

RE-EXPORTS

 

imts Jul 13e

 

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

     a) 45.3 % - Mineral products;

     b) 24.8 % - Vehicles, aircrafts & associated transport equipment;

     c) 13.4 % - Live animals: animal products and;

     d) 5.6 % - Prepared foodstuffs, beverages, spirits & tobacco.

Compared to July 2012, the re-export category recording a notable increase was:

  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $26.6 million (6092.0%) to $27.1 million due to the re-export of an aircraft

Compared to July 2012, the re-export category recording a notable decrease was:

  • Live animals: animal products [HS 01-05], down $16.4million (52.9%) to $14.7 million due to decreased re-exports of fresh fish. 

 

imts Jul 13f

For the month of July 2013, Fiji’s major re-export destinations (Refer Graph VI) were:

  • United States of America, up $17.5 million (339.5%) to $22.7 million due to the re-export of an aircraft;
  • Kiribati, up $5.9 million (444.0%) to $7.2 million due to increased re-exports of gas oil (diesel);
  • Tonga, down $6.8 million (50.0%) to $6.8 million due to decreased re-exports of motor spirits;
  • Australia, up $2.7 million (101.0%) to $5.3 million due to increased re-exports of aircraft parts and;
  • Japan, down $2.9 million (40.7%) to $4.2 million due to decreased re-exports of frozen fish.
 

 

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

The International Merchandise Trade Statistics for August 2013 will be released on 31st October 2013.