INTERNATIONAL MERCHANDISE TRADE STATISTICS - April 2015

FBoS Release No: 47, 2015                                                                                            

18th August 2015


                                          

 

 

Provisional data put the value of goods imported in April 2015 at $347.3 million while the value of total exports was $144.9 million.  (Refer Graph I).

Compared to April 2014, imports decreased by $15.9 million (4.4%) while total exports increased by   $14.4 million (11.0%).

 

The April 2015 trade deficit amounted to $202.4 million compared to $197.2 million a month earlier. 

imtsApr15a
                                                                   

HIGHLIGHTS

 

IMPORTS                             

imtsApr15b 

 

 

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)

imtsApr15c 

 

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

  • Mineral products [HS 25-27], down $46.1 million (38.8%) to $72.7 million due to decreased imports of gas oil (diesel) and
  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $9.9 million (17.0%) to $48.7 million due to decreased imports of television cameras, digital cameras and video camera recorders. 

 

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

  • Vegetable products [HS 06-14], up $21.3 million (204.5%) to $31.8 million due to increased imports of wheat and meslin and
  • Live animals: animal products [HS 01-05], up $16.8 million (72.9%) to $39.7 million due to increased imports of fresh fish. 

 

Graph II is relevant.

imtsApr15d

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

 

  • Australia, up $14.5 million (26.7%) to $68.6 million due to increased imports of wheat and meslin;
  • New Zealand, down $0.4 million (0.6%) to $62.8 million due to decreased imports of lamb;
  • Singapore, down $50.7 million (46.6%) to $58.0 million due to decreased imports of gas oil (diesel);
  • *China – People’s Republic, up $7.4 million (22.6%) to $39.9 million due to increased imports of fresh fish and
  • Korea, Republic of, up $18.3 million (297.5%) to $24.5 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

imtsApr15e 

 

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)

imtsApr15f 

           

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

 

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

 

imtsApr15g

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

 

  • United States of America, up $5.1 million (24.7%) to $25.6 million due to increased exports of mahogany;
  • Australia, down $3.0 million (16.1%) to $15.5 million due to decreased exports of gold;
  • Vanuatu, up $2.3 million (74.4%) to $5.5 million due to increased exports of  biscuits except sweet biscuits;
  • China – People’s Republic, up $4.3 million (3,439.2%) to $4.4 million due to exports of aluminum ores (bauxite) and
  • New Zealand, down $0.5 million (11.7%) to $4.1 million due to decreased exports of other biscuits except sweet biscuits.

 

 

RE-EXPORTS      

imtsApr15h 

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)

imtsApr15i

 

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

  • Live animals: animal products [HS 01-05], up $6.0 million (58.0%) to $16.5 million due to increased re-exports of fresh fish. 

 

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

 

imtsApr15j

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

 

  • Tonga, down $0.5 million (9.6%) to $5.1 million due to decreased re-exports of gas oil (diesel);
  • Australia, up $0.7 million (17.9%) to $4.4 million due to increased re-exports of other tanks, casks, drums, cans and similar containers for any materials;
  • Japan, up $1.7 million (65.7%) to $4.3 million due to increased re-exports of fresh fish;
  • China – People’s Republic, up $2.5 million (159.0%) to $4.1 million due to increased re-exports of fresh fish and
  • Kiribati, down $0.1 million (3.1%) to $3.5 million due to decreased re-exports of gas oil (diesel).

 

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 May 2015 will be released on 31st August 2015.