REVISED INTERNATIONAL MERCHANDISE TRADE STATISTICS - 2014

FBoS Release No: 29, 2015                                                                                                  

12th June 2015


 

 

 

Provisional data put the value of goods imported in 2014 at $5,012.6 million while the value of total exports was $2,302.2 million.  (Refer Graph I).

Compared to 2013, imports decreased by $186.3 million (3.6%) while total exports increased by $208.2 million (9.9%).

The 2014 international merchandise trade deficit amounted to $2,710.4 million compared to $3,105.0 million a year earlier.

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HIGHLIGHTS

 

IMPORTS

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

 

 Table 1: Major contributors to Imports (FJD Millions)

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Compared to 2013, the import categories recording notable increases were:

 

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], up $173.1 million (26.3%) to $830.7 million due to increased imports of solar cells;
  • Mineral products [HS 25–27], up $172.4 million (13.7%) to $1,430.5 million due to increased imports of light oils and preparations;
  • Live animals: animal products [HS 01-05], up $63.9 million (20.4%) to $377.6 million due to increased imports of fresh fish;
  • Base metals and articles thereof [HS 72-83], up $31.0 million (14.6%) to $242.6 million due to increased imports of iron and steel and articles of iron or steel;
  • Chemicals and allied products [HS 28-38], up $12.6 million (5.3%) to $250.0 million due to increased imports of pharmaceutical products;
  • Plastic, rubber & articles thereof [HS 39-40], up $11.4 million (5.6%) to $213.7 million due to increased imports of new pneumatic tyres;
  • Miscellaneous manufactured articles [HS 94-96], up $11.2 million (13.7%) to $92.6 million due to increased imports of sanitary towels (pads) and tampons, napkin and napkin liners for babies;
  • Wood, cork & articles thereof & plaiting materials [HS 44-46], up $8.0 million (38.2%) to $29.0 million due to increased imports of beams, planks, boards, laths and the like planed, sanded or finger - jointed of non-coniferous woods and
  • Wood pulp, paper & paperboard & articles thereof [HS 47-49], up $7.1 million (6.4%) to $117.4 million due to increased imports of corrugated paper and paperboard.

 

Compared to 2013, the import categories recording notable decreases were:

 

  • Vehicles, aircraft, vessels & associated transport equipment [HS 86-89], down $652.2 million (55.8%) to $516.2 million due to decreased imports of aircrafts;
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16–24], down $16.5 million (8.3%) to $182.9 million due to decreased imports of wine;
  • Vegetable products [HS 06-14], down $16.1 million (6.0%) to $254.2 million due to decreased imports of wheat and meslin and
  • Textiles and textile articles [HS 50-63], down $13.3 million (6.4%) to $194.3 million due to decreased imports of woven fabrics of synthetic staple fibres.

 

           

Graph II is relevant. 

 

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For the year 2014, Fiji’s major sources of imports (Refer Graph III) were:

 

  • Singapore, up $329.7 million (30.1%) to $1,424.7 million due to increased imports of gas oil (diesel);
  • Australia, up $6.7 million (0.9%) to $713.0 million due to increased imports of margarine excluding liquid margarine;
  • New Zealand, up $50.7 million (8.0%) to $683.2 million due to increased imports of milk and cream;
  • *China-People’s Republic, up $105.8 million (20.4%) to $623.5 million due to increased imports of fresh fish and
  • United States of America, down $48.2 million (20.5%) to $187.2 million due to decreased imports of aircraft.

 

* Imports of fresh fish from China – People’s Republic refer to fish caught outside Fiji’s EEZ (High seas) by fishing vessels identified according to the country of registration.

 

Import trades with other countries were: 

 

  • China-Taiwan, up $15.6 million (24.8%) to $78.4 million due to increased imports of fresh fish;
  • Cook Islands, down $1.3 million (2.0%) to $0.5 million due to decreased imports of telephone sets, including telephone for cellular networks or for other wireless networks;
  • France, down $640.7 million (35,893.7%) to $119.3 million due to decreased imports of aircraft;
  • French Polynesia, down $0.4 million (0.1%) to $0.05 million due to decreased imports of gas oil (diesel);
  • Germany, Federal Republic, up $7.9 million (1,632.0%) to $27.4 million due to increased imports of fertilizers;
  • Hong Kong, up $16.5 million (84.8%) to $110.7 million due to increased imports of motor vehicles;
  • India, up $10.8 million (11.5%) to $100.5 million due to increased imports of garments;
  • Indonesia, up $6.9 million (7.7%) to $47.8 million due to increased imports of soap in other forms;
  • Japan, up $35.5 million (86.8%) to $161.4 million due to increased imports of motor vehicles;
  • Kiribati, up $1.1 million (0.9%) to $1.2 million due to increased imports of fresh fish;
  • Korea, Republic of, up $21.5 million (23,637.4%) to $101.1 million due to increased imports of motor vehicles;
  • Malaysia, down $91.6 million (115.1%) to $176.3 million due to decreased imports of gas oil (diesel);
  • New Caledonia, down $5.5 million (2.1%) to $0.3 million due to decreased imports of passenger ships;
  • Papua New Guinea, down $0.1 million (2.8%) to $7.0 million due to decreased imports of telephone sets, including telephone for cellular networks or for other wireless networks;
  • Samoa, down $0.01 million (0.1%) to $0.5 million due to decreased imports of yachts and other vessels for pleasure;
  • Solomon Islands, up $1.5 million (296.3%) to $4.7 million due to increased imports of canned fish;
  • Thailand, down $15.8 million (505.3%) to $94.0 million due to decreased imports of sugar;
  • Tonga, down $0.5 million (0.4%) to $0.1 million due to decreased imports of vehicles;
  • Tuvalu, up $0.4 million (58.6%) to $0.5 million due to increased imports of fresh fish;
  • United Kingdom, down $31.8 million (22,881.9%) to $28.4 million due to decreased imports of turbo propellers and other gas turbines;
  • Vanuatu, down $3.9 million (6.4%) to $4.4 million due to decreased imports of kava;
  • Vietnam, down $3.7 million (44.1%) to $29.2 million  due to decreased imports of  semi-milled or wholly milled rice and
  • Wallis & Futuna, up $0.2 million (0.7%) to $0.2 million due to increased imports of other iron and steel. 

 

PRINCIPAL IMPORT COMMODITIES

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Performance of Fiji’s principal import commodities given in Table 10 for the year 2014 shows growth in the imports of (Refer Graph IV):

 

  • Machinery & mechanical & electrical appliances & parts thereof by 26.3 per cent;
  • Live animals: animal products by 20.4 per cent;
  • Base metals & articles thereof by 14.6 per cent;
  •  Mineral products by 13.7 per cent;
  • Wood pulp, paper & paperboard by 6.4 per cent;
  • Plastic, rubber & articles thereof by 5.6 per cent and
  • Chemicals and allied products by 5.3 per cent. 

Decreases were recorded in the imports of:  

  • Vehicles by 55.8  per cent;
  • Prepared foodstuffs, beverages, spirits & tobacco by 8.3 per cent;
  • Textiles and textile articles by 6.4 per cent and
  • Vegetable products by 6.0 per cent.  

 

DOMESTIC EXPORTS

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The percentage breakdown of major domestic export types as categorized by the HS codes are as follows;

 

Table 2: Major contributors to Domestic Exports (FJD Millions)

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Compared to 2013, the domestic export categories recording notable increases were: 

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16–24], up $89.2 million (20.8%) to $518.0 million due to increased domestic exports of sugar and molasses;
  • Wood, cork & articles thereof & plaiting materials [HS 44-46], up $9.2 million (11.3%) to $90.5 million due to increased domestic exports of woodchips and
  • Wood pulp, paper & paperboard, & articles thereof [HS 47-49], up $5.1 million (28.0%) to $23.3 million due to increased domestic exports of folding cartons, boxes and cases. 

Compared to 2013, the domestic export categories recording notable decreases were: 

  • Live animals: animal products [HS 01-05], down $15.3 million (18.0%) to $69.7 million due to decreased domestic exports of fresh fish and
  • Pearls, precious, semi-precious stones & metals [HS 71], down $10.2 million (9.7%) to $94.5 million due to decreased domestic exports of gold; 

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For the year 2014, Fiji’s major domestic export   destinations (Refer Graph VI) were:

 

  • United States of America, up $41.1 million (19.3%) to $253.3 million due to increased exports of mineral water;
  • Australia, down $19.5 million (7.9%) to $227.7 million due to decreased exports of gold;
  • United Kingdom, up $91.4 million (85.4%) to $198.4 million due to increased exports of sugar;
  • New Zealand, down $12.9 million (17.2%) to $62.3 million due to decreased exports of molasses and
  • China–People’s Republic, down $0.4 million (1.1%) to $37.4 million due to decreased exports of woodchips.

 

Other major domestic export destinations were: 

  • China-Taiwan, up $7.4 million (120.2%) to $13.6 million due to increased exports of sugar;
  • Cook Islands, up $0.5 million (21.5%) to $2.6 million due to increased exports of flour;
  • France, up $0.5 million (51.7%) to $1.6 million due to increased exports of personal and household effects;
  • French Polynesia, up $0.2 million (2.2%) to $7.5 million due to increased exports of flour;
  • Germany, Federal Republic, up $1.6 million (52.4%) to $4.6 million due to increased exports of ginger;
  • Hong Kong, up $2.5 million (10.7%) to $26.4 million due to increased exports of fresh fish;
  • India, down $0.02 million (1.6%) to $1.4 million due to decreased exports of gold;
  • Indonesia, up $0.2 million (7.9%) to $2.1 million due to increased exports of mineral water;
  • Japan, up $10.5 million (39.3 %) to $37.3 million due to increased exports of woodchips;
  • Kiribati, up $3.3 million (17.7%) to $21.8 million due to increased exports of kava;
  • Korea, Republic of, up $0.4 million (8.8%) to $4.4 million due to increased exports of waste and scrap of iron and steel;
  • Malaysia, up $2.0 million (100.5%) to $4.0 million due to increased exports of coconut oil;
  • New Caledonia, up $1.0 million (22.6%) to $5.0 million due to increased exports of cartons, boxes and cases;
  • Papua New Guinea, down $2.6 million (13.3%) to $17.3 million due to decreased exports of flour;
  • Samoa, down $0.3 million (1.5%) to $19.8 million due to decreased exports of flour;
  • Singapore, down $0.9 million (13.0%) to $5.8 million due to decreased exports of gold;
  • Solomon Islands, up $2.4 million (21.0%) to $13.6 million due to increased exports of uncooked pasta (noodles);
  • Thailand, down $2.2 million (53.4%) to $1.9 million due to decreased exports of fresh fish;
  • Tonga, up $1.3 million (7.0%) to $20.1 million due to increased exports of flour;
  • Tuvalu, up $0.9 million (14.0%) to $7.3 million due to increased exports of flour;
  • Vanuatu, up $2.9 million (8.5%) to $36.8 million due to increased exports of corned meat of bovine animals;
  • Vietnam, up $0.4 million (42.2%) to $1.5 million due to increased exports of flour and
  • Wallis & Futuna, down $0.1 million (0.9%) to $9.2 million due to decreased exports of sweet biscuits. 

 

PRINCIPAL DOMESTIC EXPORT COMMODITIES          

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Performance of Fiji’s principal domestic export commodities given in Table 9 for the year 2014 shows a growth

in the exports of (Refer Graph VII): 

  • Corned meat of bovine animals by 292.0 per cent;
  • Coconut oil by 85.3 per cent;
  • Sugar by 41.7 per cent;
  • Folding cartons, boxes and cases by 22.7 per cent;
  • Mineral water by 19.0 per cent.
  • Kava by 14.7 per cent;
  • Timber & cork & wood by 11.3 per cent;
  • Molasses by 10.8 per cent;
  • Textiles, yarn & made up articles by 10.3 per cent;
  • Coral & similar materials by 6.4 per cent and
  • Ginger by 2.8 per cent. 

Decreases were recorded in the exports of:

 

  • Sweet biscuits by 23.6 per cent;
  • Fish by 16.6 per cent;
  • Gold by 10.0 per cent;
  • Fruits and vegetables by 8.5 per cent;
  • Flour by 7.3 per cent;
  • Uncooked pasta by 6.9 per cent;
  • Footwear and headgear by 6.3 per cent and
  • Garments by 5.3 per cent.

 

RE-EXPORTS

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The percentage breakdown of major re-export types as categorized by the Harmonized System (HS) codes are as follows;

 

Table 3: Major contributors to Re-exports (FJD Millions)

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Compared to 2013, the re-export categories recording notable increases were:

 

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], up $89.3 million (175.9%) to $140.0 million due to increased re-exports of solar cells;
  • Live animals: animal products [HS 01-05], up $58.9 million (33.8%) to $233.5 million due to increased re-exports of fresh fish;
  • Vehicles, aircrafts & associated transport equipment [HS 86-89], up $12.5 million (19.2%) to $77.7 million due to increased re-exports of vehicles and
  • Mineral products [HS 25–27], up $6.6 million (1.1%) to $603.8 million due to increased  re-exports of gas oil (diesel).

 

Compared to 2013, the re-export category recording a notable decrease was: 

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16–24], down $33.8 million (65.5%) to $17.8 million due to decreased re-exports of uncooked pasta.

 

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For the year 2014, Fiji’s major re-export   destinations (Refer Graph IX) were:

 

  • China-People’s Republic, up $74.3 million (3,161.1%) to $97.8 million due to increased re-exports of fresh fish;

  • Tuvalu, $67.2 million (5,270.3%) to $80.0 million due to increased re-exports of gas oil (diesel);

  • Tonga, down $4.5 million (54.2%) to $78.7 million due to decreased re-exports of gas oil (diesel);

  • Japan, up $23.0 million (563.4%) to $63.8 million due to increased re-exports of fresh fish and

  • Kiribati, down $10.2 million (163.3%) to $52.7 million due to decreased re-exports of gas oil (diesel).

 

FIJI’S TRADE WITH ITS MAJOR TRADING PARTNERS

 

Surpluses were recorded with:

 

  • United Kingdom, up $122.7 million (254.5%) to $170.9 million;
  • Tuvalu, up $67.7 million (354.9%) to $86.8 million;
  • United States of America, up $67.0 million (189.1%) to $102.5 million;
  • Papua New Guinea, down $30.6 million (54.5%) to $25.6 million;
  • Cook Islands, up $19.5 million (188.5%) to $29.8 million;
  • Kiribati, down $8.1 million (10.0%) to $73.3 million;
  • Samoa, up $5.8 million (13.8%) to $47.5 million;
  • Tonga, down $5.7 million (5.5%) to  $98.7 million;
  • Wallis & Futuna, up $5.0 million (17.1%) to $34.4 million;
  • Vanuatu, up $2.0 million (4.5%) to $45.8 million;
  • Solomon Islands, down $1.8 million (8.1%) to $20.3 million;
  • New Caledonia, down $1.6 million (8.1%) to $18.2 million and
  • French Polynesia, up $0.6 million (7.5%) to $8.2 million.

 

Deficits were recorded with:

 

  • France, down $641.2 million (84.6%) to $117.0 million;
  • Singapore, up $329.5 million (30.6%) to $1,404.8 million;
  • Malaysia, down $95.2 million (35.9 %) to $170.1 million;
  • New Zealand, up $60.8 million (11.7%) to $578.5million;
  • China-People’s Republic, up $31.9 million (7.0 %) to $488.2 million;
  • Thailand, down $25.4 million (25.7%) to $73.3 million;
  • Australia, up $23.7 million (5.8%) to $433.4 million;
  • Korea, Republic of, up $19.0 million (26.0%) to $92.2 million;
  • Hong Kong, up $13.6 million (20.9%) to $78.5 million;
  • India, up $12.7 million (14.7%) to $98.8 million;
  • Indonesia, up $7.1 million (18.7%) to $44.9 million;
  • Vietnam, down $6.4 million (26.2%) to $18.1 million;
  • Germany, Federal Republic, up $6.0 million  (37.1%) to $22.2 million;
  • China -Taiwan, up $3.2 million (8.4 %) to $42.1 million and
  • Japan, up $2.1 million (3.6%) to $60.4 million.

 

For more information on International Merchandise Trade Statistics refer to the following attached tables:

 

CLICK NERE FOR RELATED TABLES

 

For further enquiries please contact Mrs.Veenita Miller on email: or telephone 331 5822 (ext. 386 241) or direct line 323 0841.

 

The International Merchandise Trade Statistics for January - March 2015 will be released in July 2015.