INTERNATIONAL MERCHANDISE TRADE STATISTICS - July 2015

FBoS Release No: 73, 2015
25th November 2015


imtsJul15a

Provisional data put the value of goods imported in July 2015 at $444.0 million while the value of total exports was $161.9 million. (Refer Graph I).

Compared to July 2014, imports and total exports decreased by $0.2 million (0.04%) and $31.2 million (16.1%) respectively.

The July 2015 trade deficit amounted to $282.1 million compared to $225.4 million a month earlier.


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 July 2014, the import categories recording notable increases were:

  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $28.6 million (78.1%) to $65.1 million due to increased imports of vehicles;
  • Vegetable Products [HS 06-14], up $19.5 million (127.6%) to $34.7 million due to increased imports of wheat and meslin and
  • Mineral products [HS 25-27], up $7.5 million (6.9%) to $117.1 million due to increased imports of light oils and preparations.


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

  • Live animals: animal products [HS 01-05], down $24.2 million (51.2%) to $23.0 million due to decreased imports of fresh fish;
  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $15.8 million (18.4%) to $69.9 million due to decreased imports of other telephone sets, including telephones for cellular networks or for other wireless networks;
  • Chemicals and allied products [HS 28-38], down $7.4 million (27.3%) to $19.8 million due to decreased imports of pharmaceutical products and
  • Wood pulp, paper & paperboard & articles thereof [HS 47-49], down $5.6 million (51.5%) to $5.3 million due to decreased imports of corrugated paper and paperboard.

Graph II is relevant.

imtsJul15d

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

  • Singapore, down $21.9 million (19.8%) to $88.7 million due to decreased imports of gas oil (diesel);
  • Australia, up $17.3 million (32.4%) to $70.8 million due to increased imports of wheat and meslin;
  • *China – People’s Republic, down $15.6 million (20.6%) to $60.0 million due to decreased imports of fresh fish;
  • New Zealand, down $12.9 million (20.5%) to $49.8 million due to decreased imports of milk and cream and
  • Korea, Republic of, up $36.8 million (358.7%) to $47.1 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

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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)

imtsJul15f

Compared to July 2014, the domestic export category recording a notable increase was:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $24.9 million (82.9%) to $55.0 million due to increased exports of sugar and molasses.

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

  • Wood, cork & articles thereof & plaiting materials [HS 44 - 46], down $12.7 million (79.3%) to $3.3 million due to decreased exports of woodchips and
  • Pearls, precious, semi-precious stones & metals [HS 71], down $7.6 million (98.7%) to $0.1 million due to decreased exports of gold.

imtsJul15g

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

  • United - Kingdom, up $25.4 million (4,415.0%) to $26.0 million due to increased exports of sugar;
  • United States of America, up $2.6 million (11.8%) to $24.3 million due to increased exports of mineral water;
  • *Australia, down $8.2 million (43.4%) to $10.7 million due to decreased exports of gold;
  • Vanuatu, up $0.8 million (17.4%) to $5.5 million due to increased exports of flour and
  • New Zealand, down $1.2 million (21.6%) to $4.3 million due to decreased exports of dalo.

* Domestic export of gold is under query.

 

 

 

 

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 July 2014, there were no notable increases for re-export categories.

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

  • Live animals: animal products [HS 01-05], down $18.1 million (74.7%) to $6.1 million due to decreased re-exports of fresh fish and
  • Mineral products [HS 25-27], down $17.4 million (26.5%) to $48.0 million due to decreased re-exports of gas oil (diesel).

imtsJul15j

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

  • Tonga, down $0.5 million (5.9%) to $8.3 million due to decreased re-exports of aviation turbine fuel;
  • Kiribati, up $1.4 million (70.7%) to $3.3 million due to increased re-exports of gas oil (diesel);
  • Australia, up $0.1 million (3.8%) to $3.0 million due to increased re-exports of pharmaceutical products;
  • New Zealand, up $0.5 million (21.2%) to $2.8 million due to increased re-exports pharmaceutical products and
  • United States of America, down $0.2 million (6.7%) to $2.2 million due to decreased re-exports of fresh fish.

 

 

 

 

 

 

Click here for related tables

For Technical Notes refer to page 24.

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 August 2015 will be released in November 2015.