INTERNATIONAL MERCHANDISE TRADE STATISTICS - June 2015

FBoS Release No: 56, 2015

11th September 2015


imtsJun15aProvisional data put the value of goods imported in June 2015 at $367.2 million while the value of total exports was $141.9 million. (Refer Graph I).

Compared to June 2014, imports and total exports decreased by $123.9 million (25.2%) and $69.0 million (32.7%) respectively.

The June 2015 trade deficit amounted to $225.4 million compared to $249.5 million a month earlier.

HIGHLIGHTS

IMPORTS

imtsJun15b

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)

imtsJun15c

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

  • Mineral products [HS 25-27], down $98.2 million (55.5%) to $78.7 million due to decreased imports of gas oil (diesel);
  • Vehicles, aircraft associated transport equipment [HS 86-89], down $47.0 million (62.3%) to $28.4 million due to decreased imports of aircrafts and
  • Machinery mechanical electrical appliances parts thereof [HS 84-85], down $8.2 million (11.1%) to $65.5 million due to decreased imports of other engines and motors.

Compared to June 2014, the import category recording a notable increase was:

  • Textiles textile articles [HS 50-63], up $9.1 million (63.5%) to $23.6 million due to increased imports of garments.

Graph II is relevant.

imtsJun15d

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

  • Singapore, down $102.8 million (60.0%) to $68.5 million due to decreased imports of gas oil (diesel);
  • New Zealand, up $6.4 million (11.6%) to $61.8 million due to increased imports of potatoes;
  • *China – People’s Republic, up $11.0 million (23.3%) to $58.2 million due to increased imports of fresh fish;
  • Australia, down $6.0 million (9.8%) to $55.6 million due to decreased imports of semi - milled wholly milled rice and
  • Japan, up $2.7 million (18.1%) to $17.8 million due to increased imports of cement clinkers.

 

 

 

 

*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

imtsJun15e

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)

imtsJun15f

Compared to June 2014, the domestic export categories recording notable decreases were:

  • Prepared foodstuffs, beverages, spirits tobacco [HS 16-24], down $30.4 million (51.8%) to $28.4 million due to decreased exports of sugar and
  • Pearls, precious, semi-precious stones metals [HS 71], down $10.7 million (99.3%) to $0.1 million due to decreased exports of gold.

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

imtsMar15g

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

  • United States of America, up $0.4 million (1.8%) to $21.2 million due to increased exports of mahogany;
  • *Australia, down $7.4 million (40.1%) to $11.1 million due to decreased exports of gold;
  • Vanuatu, up $1.6 million (57.5%) to $4.5 million due to increased exports of corned meat of bovine animals;
  • New Zealand, down $0.3 million (7.5%) to $4.1 million due to decreased exports of other manioc, arrowroot, salep, Jerusalem artichokes, sweet potatoes and similar root and tubers with high starch and
  • Kiribati, up $1.4 million (93.8%) to $2.8 million due to increased exports of pebbles, gravel, broken or crushed of a kind commonly used for concrete aggregates for road metalling or railway.

* Domestic export of gold is under query.

RE-EXPORTS

imtsJun15h

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)

imtsJun15i

Compared to June 2014, the re-export categories recording notable decreases were:

  • Mineral products [HS 25-27], down $16.5 million (26.6%) to $45.6 million due to decreased re-exports of gas oil (diesel) and
  • Machinery mechanical electrical appliances parts thereof [HS 84-85], down $10.8 million (66.6%) to $5.4 million due to decreased re-exports of television cameras, digital cameras and video camera recorders.

Compared to June 2014, there were no notable increases for re-export categories.

imtsJun15j

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

  • Tonga, down $2.8 million (32.0%) to $6.0 million due to decreased re-exports of gas oil (diesel);
  • New Caledonia, up $5.6 million (2,271.5%) to $5.8 million due to increased re-exports of residual fuel oil;
  • Kiribati, down $5.1 million (49.6%) to $5.2 million due to decreased re-exports of gas oil (diesel);
  • Japan, down $2.8 million (36.0%) to $5.0 million due to decreased re-exports of fresh fish and
  • Australia, up $0.5 million (17.0%) to $3.6 million due to increased re-exports of telephones for cellular networks or for other wireless networks.

 

 

 

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 July 2015 will be released on the 30th of September 2015.