INTERNATIONAL MERCHANDISE TRADE STATISTICS - September 2015

FBoS Release No: 82, 2015
16th December 2015



imtsSep15a
Provisional data put the value of goods imported in September 2015 at $375.2 million while the value of total exports was $172.4 million. (Refer Graph I).

Compared to September 2014, imports and total exports decreased by $196.4 million (34.4%) and $141.0 million (45.0%) respectively.

The September 2015 trade deficit amounted to $202.9 million compared to $159.0 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 September 2014, the import category recording a notable increase was:

  • Vegetable Products [HS 06-14], up $14.8 million (78.5%) to $33.7 million due to increased imports of wheat and meslin.

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

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $65.8 million (18.7%) to $70.1 million due to decreased imports of other solar cells;
  • Mineral products [HS 25-27], down $58.5 million (42.9%) to $77.9 million due to decreased imports of gas oil (diesel);
  • Vehicles, aircraft & associated transport equipment [HS 86-89], down $37.0 million (50.5%) to $36.3 million due to decreased imports of aircrafts;
  • Live animals: animal products [HS 01-05], down $24.0 million (54.9%) to $19.7 million due to decreased imports of fresh fish;
  • Textiles & textile articles [HS 50-63], down $8.5 million (34.5%) to $16.1 million due to decreased imports of garments and
  • Wood pulp, paper & paperboard & articles thereof [HS 47-49], down $7.8 million (61.2%) to $4.9 million due to decreased imports of corrugated paper and paperboard.

Graph II is relevant.

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

  • Australia, up $12.2 million (19.2%) to $75.6 million due to increased imports of wheat and meslin;
  • *China - People’s Republic, down $9.5 million (12.8%) to $64.3 million due to decreased imports of fresh fish;
  • Singapore, down $73.2 million (54.8%) to $60.3 million due to decreased imports of gas oil (diesel);
  • New Zealand, down $12.4 million (19.9%) to $50.2 million due to decreased imports of milk and cream and
  • Korea, Republic of, up $15.1 million (223.2%) to $21.9 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)

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

  • Vegetable Products [HS 06-14], up $5.5 million (79.3%) to $12.4 million due to increased exports of flour.

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

  • Pearls, precious, semi-precious stones & metals [HS 71], down $12.4 million (96.6%) to $0.4 million due to decreased exports of gold and
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], down $12.3 million (18.9%) to $52.8 million due to decreased exports of sugar.

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

  • United States of America, up $3.2 million (12.4%) to $29.1 million due to increased exports of mineral water;
  • United Kingdom, down $7.5 million (22.7%) to $25.5 million due to decreased exports of sugar;
  • *Australia, down $13.0 million (53.4%) to $11.4 million due to decreased exports of gold;
  • New Zealand, down $3.4 million (38.2%) to $5.5 million due to decreased exports of sweet biscuits and
  • Vanuatu, up $2.1 million (72.1%) to $5.1 million due to increased exports of flour.

 

 

 


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

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

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $67.1 million (94.5%) to $3.9 million due to decreased re-exports of other solar cells;
  • Mineral products [HS 25-27], down $21.4 million (32.2%) to $45.0 million due to decreased re-exports of gas oil (diesel) and
  • Live animals: animal products [HS 01-05], down $18.5 million (70.1%) to $7.9 million due to decreased re-exports of fresh fish.

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

  • Tonga, down $0.9 million (11.6%) to $6.6 million due to decreased re-exports of gas oil (diesel);
  • Kiribati, up $2.5 million (102.7%) to $4.9 million due to increased re-exports of gas oil (diesel);
  • New Zealand, down $4.8 million (62.2%) to $2.9 million due to decreased re-exports of graders and levelers;
  • Australia, down $2.8 million (52.9%) to $2.5 million due to decreased re-exports of containers for compressed or liquefied gas of iron and steel and
  • China - People’s Republic, down $5.8 million (70.2%) to $2.5 million due to decreased re-exports of fresh fish.

 

 

 

 


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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 October 2015 will be released in December 2015.