INTERNATIONAL MERCHANDISE TRADE STATISTICS - January 2016

FBoS Release No: 41, 2016
2nd August 2016


imtsJan16a

Provisional data put the value of goods imported in January 2016 at $225.0 million while the value of total exports was $127.4 million. (Refer Graph I).

Compared to January 2015, imports and total exports decreased by $118.8 million (34.6%) and $34.1 million (21.1%) respectively.

The January 2016 trade deficit amounted to $97.5 million compared to $262.7 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 January 2015, the import category recording a notable increase was:

  • Vegetable products [HS 06-14], up $5.1 million (44.7%) to $16.4 million due to increased imports of wheat and meslin.

Compared to January 2015, the import categories recording notable decreases were:

  • Mineral products [HS 25-27], down $48.4 million (53.0%) to $43.0 million due to decreased imports of gas oil (diesel);
  • Live animals: animal products [HS 01-05], down $25.9 million (70.9%) to $10.6 million due to decreased imports of fresh fish;
  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $13.5 million (24.2%) to $42.2 million due to decreased imports of parts of machinery for moulding;
  • Plastic, rubber & articles thereof [HS 39-40], down $11.0 million (61.3%) to $6.9 million due to decreased imports of articles of plastic for the packing of goods;
  • Chemicals and allied products [HS 28-38], down $7.4 million (35.2%) to $13.6 million due to decreased imports of pharmaceutical products and
  • Wood pulp, paper & paperboard & articles thereof [HS 47-49], down $7.4 million (64.7%) to $4.0 million due to decreased imports of corrugated paper and paperboard.

Graph II is relevant.

imtsJan16d

For the month of January 2016, Fiji’s major sources of imports (Refer Graph III) were:

  • Australia, down $4.3 million (9.9%) to $39.6 million due to decreased imports of semi - milled & wholly milled rice;
  • *China – People’s Republic, down $24.2 million (38.8%) to $38.2 million due to decreased imports of fresh fish;
  • Singapore, down $46.4 million (56.0%) to $36.5 million due to decreased imports of gas oil (diesel);
  • New Zealand, down $8.4 million (20.1%) to $33.6 million due to decreased imports of cheese and curd and
  • Japan, up $1.9 million (17.1%) to $12.7 million due to increased imports of vehicles.

 

 

 

 

 

* 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 January 2015, the domestic export category recording a notable increase was:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $29.1 million (205.0%) to $43.3 million due to increased exports of sugar.

Compared to January 2015, the domestic export categories recording notable decreases were:

  • Wood, cork & articles thereof & plaiting material [HS 44-46], down $12.2 million (77.6%) to $3.5 million due to decreased exports of woodchips and
  • Pearls, precious, semi-precious stones & metals [HS 71], down $7.7 million (99.2%) to $0.1 million due to decreased exports of gold.

imtsJan16g

For the month of January 2016, Fiji’s major domestic export destinations (Refer Graph V) were:

  • United Kingdom, up $25.3 million (10,861.8%) to $25.5 million due to increased exports of sugar;
  • United States of America, up $6.1 million (59.1%) to $16.4 million due to increased exports of mineral water;
  • *Australia, down $7.7 million (41.0%) to $11.1 million due to decreased exports of gold;
  • New Zealand, up $2.6 million (61.2%) to $6.8 million due to increased exports of dalo (taro) and
  • China – People’s Republic, down $8.0 million (70.4%) to $3.4 million due to decreased exports of fresh fish.

 

 

 

 

 

 

* 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 January 2015, there were no notable increases for re-export categories.

Compared to January 2015, the re-export categories recording notable decreases were:

  • Mineral products [HS 25-27], down $17.0 million (40.2%) to $25.2 million due to decreased re-exports of gas oil (diesel);
  • Live animals: animal products [HS 01-05], down $16.6 million (80.9%) to $3.9 million due to decreased re-exports of fresh fish and
  • Vehicles, aircraft & associated transport equipment [HS 86-89], down $10.5 million (81.3%) to $2.4 million due to decreased re-exports of vehicles.

imtsJan16j

For the month of January 2016, Fiji’s major re-export destinations (Refer Graph VII) were:

  • New Zealand, up $3.7 million (222.7%) to $5.4 million due to increased re-exports of cigarettes containing tobacco;
  • Tonga, down $4.6 million (51.9%) to $4.3 million due to decreased re-exports of gas oil (diesel);
  • China - People’s Republic, down $1.7 million (36.6%) to $2.9 million due to decreased re-exports of cement clinkers;
  • Kiribati, down $1.0 million (31.9%) to $2.1 million due to decreased re-exports of gas oil (diesel) and
  • Cook Islands, up $0.6 million (39.8%) to $2.0 million due to increased re-exports of aviation or turbine fuel.

 

 

 

 

 

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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 February 2016 will be released in July 2016.