INTERNATIONAL MERCHANDISE TRADE STATISTICS - July 2016

FBoS Release No: 74, 2016
14th November 2016


imtsJul16aProvisional data put the value of total goods imported in July 2016 at $305.1 million while the value of total exports was $142.1 million. (Refer Graph I).

Compared to July 2015, total imports and total exports decreased by $136.9 million (31.0%) and $21.1 million (12.9%) respectively.

The July 2016 trade deficit amounted to $162.9 million compared to $172.1 million a month earlier (June).

 

 

 

HIGHLIGHTS

IMPORTS

imtsJul16b

The percentage breakdown of major import commodities as categorized by the Harmonized System (HS) codes are as follows;

Table 1: Major contributors to Imports FJD [Millions]

imtsJul16c

Compared to July 2015, there were no notable increases for import categories.

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

  • Mineral products [HS 25-27], down $57.1 million (48.8%) to $60.0 million due to decreased imports of gas oil (diesel);
  • Vehicles, aircraft & associated transport equipment [HS 86-89], down $26.3 million (41.4%) to $37.3 million due to decreased imports of used or reconditioned passenger motor cars;
  • Vegetable products [HS 06-14], down $11.3 million (32.7%) to $23.4 million due to decreased imports of wheat and meslin;
  • Live animals: animal products [HS 01-05], down $10.1 million (43.7%) to $13.0 million due to decreased imports of fresh fish;
  • Machinery & mechanical & electrical appliance & parts thereof [HS 84-85], down $9.6 million (13.7%) to $60.4 million due to decreased imports of other pumps: liquid elevators;
  • Base metals & articles thereof [HS 72-83], down $7.9 million (37.3%) to $13.2 million due to decreased imports of iron or steel;
  • Plastic, rubber & articles thereof [HS 39-40], down $6.7 million (40.2%) to $9.9 million due to decreased imports of articles of plastic for the packing of goods; and
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], down $6.2 million (31.6%) to $13.4 million due to decreased imports of wine.

imtsJul16dFor the month of July 2016, Fiji’s major sources of imports (Refer Graph III) were:

  • Australia, down $12.1 million (17.1%) to $58.6 million due to decreased imports of wheat and meslin;
  • New Zealand, up $5.0 million (10.1%) to $54.8 million due to increased imports of milk and cream;
  • Singapore, down $35.6 million (40.1%) to $53.2 million due to decreased imports of gas oil (diesel);
  • *China - People’s Republic, down $21.8 million (36.3%) to $38.2 million due to decreased imports of fresh fish; and
  • Japan, down $13.6 million (44.8%) to $16.7 million due to decreased imports of used or reconditioned passenger motor cars.

 

 

 

 

 

* Imports of fresh fish from China – People’s Republic refer to fish caught outside Fiji’s EEZ (High seas) by fishing vessels identified according to the
country of registration.

DOMESTIC EXPORTS

imtsJul16e

The percentage breakdown of major domestic export commodities as categorized by the Harmonized System (HS) codes are as follows;

Table 2: Major contributors to Domestic Exports FJD [Millions]

imtsJul16f

Compared to July 2015, the domestic export category recording a notable increase was:

  • Live animals: animal products [HS 01-05], up $5.5 million (103.7%) to $10.9 million due to increased exports of fresh fish.

Compared to July 2015, the domestic export category recording a notable decrease was:

  • Pearls, precious, semi-precious stones & metals [HS 71], down $5.1 million (92.4%) to $0.4 million due to decreased exports of gold.

imtsJul16gFor the month of July 2016, Fiji’s major domestic export destinations (Refer Graph V) were:

  • United States of America, up $1.1 million (4.3%) to $25.4 million due to increased exports of mineral water;
  • United Kingdom, down $2.8 million (10.9%) to $23.1 million due to decreased exports of sugar;
  • *Australia, down $6.3 million (37.8%) to $10.3 million due to decreased exports of gold;
  • New Zealand, up $0.5 million (12.0%) to $4.9 million due to increased exports of dalo (taro); and
  • Vanuatu, down $2.2 million (39.7%) to $3.3 million due to decreased exports of sweet biscuits.

 

 

 

 

* Domestic export of gold is under query.

RE-EXPORTS

imtsJul16h

The percentage breakdowns of major re-export commodities as categorized by the Harmonized System (HS) codes are as follows;

Table 3: Major contributors to Re-exports FJD [Millions]

imtsJul16i


Compared to July 2015, the re-export category recording a notable increase was:

  • Machinery & mechanical & electrical appliance & parts thereof [HS 84-85], up $18.7 million (583.9%) to $21.9 million due to increased re-exports of television cameras, video cameras and digital cameras.

Compared to July 2015, the re-export category recording a notable decrease was:

  • Mineral products [HS 25-27], down $25.9 million (59.2%) to $17.8 million due to decreased re-exports of gas oil (diesel).

imtsJul16jFor the month of July 2016, Fiji’s major re-export destinations (Refer Graph VII) were:

  • United States of America, up $17.9 million (800.9%) to $20.1 million due to increased re-exports of television cameras, video cameras and digital cameras;
  • Tonga, down $1.3 million (16.1%) to $7.0 million due to decreased re-exports of gas oil (diesel);
  • Kiribati, down $0.5 million (13.6%) to $2.9 million due to decreased re-exports of aviation turbine fuel;
  • Australia, down $1.8 million (61.4%) to $1.1 million due to decreased re-exports of containers for compressed or liquefied gas of iron or steel; and
  • New Zealand, down $1.8 million (63.1%) to $1.0 million due to decreased re-exports of other vaccines for veterinary medicines.

 

 

 

 

 

 

Below presents the main features of Fiji’s International Merchandise Trade Statistics for the Month of July 2016.

imtsJul16k

 

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 2016 will be released in November 2016.