INTERNATIONAL MERCHANDISE TRADE STATISTICS - November 2016

FBoS Release No: 7, 2017
14th March 2017


imtsNov16aProvisional data put the total value of goods imported in November 2016 at $365.1 million while the value of total exports was $110.0 million. (Refer Graph I).

Compared to November 2015, total imports and total exports decreased by $11.4 million (3.0%) and $44.9 million (29.0%) respectively.

The November 2016 trade deficit amounted to $255.2 million compared to $192.6 million a month earlier (October).

 

 

HIGHLIGHTS

IMPORTS

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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]

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Compared to November 2015, the import categories recording notable increases were:

  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $23.0 million (77.5%) to $52.7 million due to increased imports of used or reconditioned passenger motor cars; and
  • Vegetable Products [HS 06-14], up $5.1 million (26.9%) to $24.2 million due to increased imports of wheat and meslin.

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

  • Live animals: animal products [HS 01-05], down $10.7 million (47.2%) to $11.9 million due to decreased imports of fresh fish;
  • Plastic, rubber & articles thereof [HS 39-40], down $8.0 million (43.7%) to $10.3 million due to decreased imports of articles of plastic for the packing of goods;
  • Base metals & articles thereof [HS 72-83], down $7.8 million (31.4%) to $17.0 million due to decreased imports of iron or steel;
  • Wood pulp, paper & paperboard & articles thereof [HS 47-49], down $6.2 million (56.1%) to $4.8 million due to decreased imports of corrugated paper and paperboard; and
  • Animal or vegetable oils & fats [HS 15], down $5.1 million (78.9%) to $1.4 million due to decreased imports of other soya bean oil and its factions.

imtsNov16dFor the month of November 2016, Fiji’s major sources of imports (Refer Graph III) were:

  • Singapore, up $31.7 million (58.7%) to $85.6 million due to increased imports of gas oil (diesel);
    Australia, up $0.2 million (0.2%) to $64.8 million due to increased imports of wheat and meslin;
  • New Zealand, down $11.2 million (18.6%) to $49.0 million due to decreased imports of potatoes;
  • *China – People’s Republic, down $4.5 million (8.7%) to $46.8 million due to decreased imports of fresh fish; and
  • Japan, up $11.8 million (53.2%) to $33.9 million due to increased 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

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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]

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Compared to November 2015, there were no notable increases for domestic export categories.

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

  • Pearls, precious, semi-precious stones & metals [HS 71], down $7.1 million (97.6%) to $0.2 million due to decreased exports of gold; and
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16 - 24], down $5.5 million (15.3%) to $30.5 million due to decreased exports of molasses.

imtsNov16gFor the month of November 2016, Fiji’s major domestic export destinations (Refer Graph V) were:

  • United States of America, down $7.5 million (24.0%) to $23.5 million due to decreased exports of molasses;
  • *Australia, down $12.5 million (57.3%) to $9.3 million due to decreased exports of gold;
  • New Zealand, down $2.0 million (26.7%) to $5.4 million due to decreased exports of dalo (taro);
  • Vanuatu, down $1.5 million (23.8%) to $4.8 million due to decreased exports of flour; and
  • Samoa, up $1.2 million (49.9%) to $3.6 million due to increased exports of flour.

 

 

* Domestic export of gold is under query.

 

 

 

 

RE-EXPORTS

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The percentage breakdown 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]

imtsNov16i

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

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], up $8.3 million (543.4%) to $9.8 million due to increased re-exports of telephones for cellular network or other wireless networks.

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

  • Mineral products [HS 25-27], down $14.7 million (36.7%) to $25.3 million due to decreased re-exports of gas oil (diesel); and
  • Live animals: animal products [HS 01-05], down $11.5 million (82.1%) to $2.5 million due to decreased re-exports of tunas.

imtsNov16jFor the month of November 2016, Fiji’s major re-export destinations (Refer Graph VII) were:

  • Australia, up $4.5 million (295.8%) to $6.0 million due to increased re-exports of telephones for cellular network or other wireless networks;
  • Tonga, down $0.1 million (2.9%) to $4.1 million due to decreased re-exports of light oils & preparations;
  • Kiribati, down $0.7 million (17.8%) to $3.1 million due to decreased re-exports of gas oil (diesel);
  • Cook Islands, up $0.1 million (5.3%) to $2.9 million due to increased re-exports of gas oil (diesel); and
  • New Zealand, down $1.4 million (37.2%) to $2.3 million due to decreased re-exports of container for compressed or liquefied gas of iron and steel.

 

 

 

 

 

 

 

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

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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 December and Annual 2016 will be released in March 2017.