INTERNATIONAL MERCHANDISE TRADE STATISTICS - February 2015

FBoS Release No: 39, 2015                                                                                                         

16th July 2015 


   

 

 

Provisional data put the value of goods imported in February 2015 at $332.7 million while the value of total exports was $134.7 million.  (Refer Graph I).

Compared to February 2014, imports increased by $29.3 million (9.6%) while total exports decreased by   $0.6 million (0.4%).

The February 2015 trade deficit amounted to $198.1 million compared to $183.5 million a month earlier.  

imtsFeb15a
       

 

HIGHLIGHTS

 

IMPORTS 

imtsFeb15b      

                     

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)

imtsFeb15c

 

Compared to February 2014, the import categories recording notable increases were: 

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], up $24.0 million (51.9%) to $70.1 million due to increased imports of generating sets with sparking ignition internal combustion piston engines;
  • Live animals: animal products [HS 01-05], up $10.5 million (54.3%) to $30.0 million due to increased imports of fresh fish;
  • Wood pulp, paper & paperboard & articles thereof [HS 47-49], up $7.9 million (95.7%) to $16.2 million due to increased imports of toilet or facial tissue napkin stock for household sanitary purpose;
  • Vehicles, aircrafts & associated transport equipment [HS 86-89], up $6.4 million (30.7%) to $27.1 million due to increased imports of vehicles and
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $5.3 million (43.0%) to $17.7 million due to increased imports of wine. 

Compared to February 2014, the import categories recording notable decreases were: 

  • Mineral products [HS 25-27], down $22.9 million (27.1%) to $61.4 million due to decreased imports of gas oil (diesel) and
  • Vegetable products [HS 06-14], down $8.7 million (36.5%) to $15.1 million due to decreased imports of wheat and meslin. 

 

Graph II is relevant.

imtsFeb15d

For the month of February 2015, Fiji’s major sources of imports (Refer Graph III) were:

 

  • *China - People’s Republic, up $18.3 million (53.2%) to $52.6 million due to increased imports of fresh fish;
  • Australia, down $6.8 million (12.1%) to $49.7 million due to decreased imports of wheat and meslin;
  • New Zealand, down $5.0 million (9.3%) to $48.4 million due to decreased imports of potatoes;
  • Singapore, down $5.4 million (11.0%) to $44.1 million due to decreased imports of gas oil (diesel) and
  • Korea, Republic of, up $13.1 million (160.6%) to $21.2 million due to increased imports of gas oil (diesel).

 

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

 

DOMESTIC EXPORTS

imtsFeb15e 

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

 

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

imtsFeb15f 

           

Compared to February 2014, there were no notable increases for domestic export categories.

 

Compared to February 2014, there were no notable decreases for domestic export categories.

imtsFeb15g

For the month of February 2015, Fiji’s major domestic export destinations (Refer Graph V) were:

 

  • Australia, up $2.8 million (17.0%) to $19.3 million due to increased exports of gold;
  • United States of America, down $4.8 million (25.1%) to $14.2 million due to decreased exports of mineral water;
  • New Zealand, down $0.1 million (1.2%) to $4.6 million due to decreased exports of  sweet biscuits;
  • Samoa, up $1.2 million (98.7%) to $2.4 million due to increased exports of flour and
  • Vanuatu, up $0.5 million (32.0%) to $2.0 million due to increased exports of biscuits (except sweet biscuits).

 

RE-EXPORTS

imtsFeb15h 

 

The percentage breakdowns 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)

imtsFeb15i 

Compared to February 2014, the re-export category recording a notable increase was: 

  • Live animals: animal products [HS 01-05], up $8.3 million (79.7%) to $18.8 million due to increased re-exports of fresh fish. 

Compared to February 2014, there were no notable decreases for re-export categories.

 

imtsFeb15j

For the month of February 2015, Fiji’s major re-export destinations (Refer Graph VII) were:

 

  • Japan, up $5.3 million (230.8%) to $7.6 million due to increased re-exports of fresh fish;
  • Tonga, down $0.4 million (5.9%) to $5.8 million due to decreased re-exports of gas oil (diesel);
  • New Zealand, up $1.2 million (36.9%) to $4.6 million due to increased re-exports of trailers and semi-trailer for the transport of goods;
  • Kiribati, down $1.8 million (30.0%) to $4.2 million due to decreased re-exports of gas oil (diesel) and
  • Australia, up $0.5 million (13.2%) to $3.9 million due to increased re-exports of containers for compressed or liquefied gas of iron and steel.

 

For more information on International Merchandise Trade Statistics, click below: 

 

CLICK HERE 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 March 2015 will be released in July 2015.