INTERNATIONAL MERCHANDISE TRADE STATISTICS - July 2017

FBoS Release No: 67, 2017

9th November 2017


imtsJul17aProvisional data put the total value of goods imported in July 2017 at $409.3 million while the value of total exports was $200.6 million. (Refer Graph I).

Compared to July 2016, total imports decreased by $10.7 million (2.5%) whereas total exports increased by $1.7 million (0.9%).

The July 2017 trade deficit amounted to $208.8 million compared to $199.5 million a month earlier (June).

 

 

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 July 2016, the import categories recording notable increases were:

  • Live animals: animal products [HS 01-05], up $14.3 million (50.0%) to $42.9 million due to increased imports of fresh fish;
  • Mineral products [HS 25-27], up 11.9 million (19.6%) to $72.7 million due to increased imports of gas oil (diesel); and
  • Base metals & articles thereof [HS 72-83], up $6.6 million (28.7%) to $29.7 million due to increased imports of articles of iron and steel.

Compared to July 2016, the import categories recording notable decreases were:

  • Vegetable products [HS 06-14], down $16.5 million (51.7%) to $15.4 million due to decreased imports of wheat and meslin;
  • Vehicles, aircraft & associated transport equipment [HS 86-89], down $5.8 million (13.9%) to $35.7 million due to decreased imports of vehicles; and
  • Plastic, rubber & articles thereof [HS 39-40], down $5.5 million (21.8%) to $19.6 million due to decreased imports of articles of plastic for the packing of goods.

imtsJul17dFor the month of July 2017, Fiji’s major sources of imports (Refer Graph III) were:

  • New Zealand, up $1.9 million (2.3%) to $84.2 million due to increased imports of telephones for cellular networks or for other wireless networks;
  • * China People’s Republic, up $21.5 million (39.2%) to $76.4 million due to increased imports of fresh fish;
  • Singapore, up $14.3 million (24.4%) to $73.0 million due to increased imports of gas oil (diesel);
  • Australia, down $21.0 million (25.6%) to $60.9 million due to decreased imports of wheat and meslin; and
  • Hong Kong, up $6.3 million (70.0%) to $15.3 million due to increased imports of other parts of aeroplanes or helicopters.

* 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 July 2016, the domestic exports category recording a notable increase was:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $15.0 million (28.6%) to $67.5 million due to increased exports of sugar.

Compared to July 2016, there were no notable decreases for domestic export categories.

imtsJul17gFor the month of July 2017, Fiji’s major domestic export destinations (Refer Graph V) were:

  • United Kingdom, up $13.6 million (60.9%) to $35.8 million due to increased exports of sugar;
  • United States of America, down $0.3 million (1.3%) to $25.4 million due to decreased exports of canned fish;
  • Australia, down $2.5 million (11.5%) to $19.0 million due to decreased exports of garments;
  • Vanuatu, up $2.7 million (81.0%) to $6.0 million due to increased exports of all biscuits except sweet biscuits; and
  • New Zealand, down $0.3 million (4.9%) to $4.9 million due to decreased exports of dalo (taro).

 

 

 

 

 

 

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]

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Compared to July 2016, the re-export category recording a notable increase was:

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], up $6.5 million (27.2%) to $30.6 million due to increased re-exports of television cameras, digital cameras and video camera recorders.

Compared to July 2016, the re-export category recording a notable decrease was:

  • Photographic & optical, medical & surgical goods & clocks/watches & musical instruments [HS 90-92], down $14.0 million (87.8%) to $2.0 million due to decreased re-exports of parts and accessories for surveying (including photogrammetric surveying).

imtsJul17jFor the month of July 2017, Fiji’s major re-export destinations (Refer Graph VII) were:

  • United States of America, down $5.8 million (23.4%) to $19.0 million due to decreased re-exports of telephones for cellular networks or for other wireless networks;
  • Japan, up $9.4 million (491.5%) to $11.4 million due to increased re-exports of yellow fin tuna;
  • China – People’s Republic, up $3.0 million (91.1%) to $6.3 million due to increased re-exports of yellow fin tuna;
  • New Zealand, down $1.3 million (21.4%) to $4.6 million due to decreased re-exports of parts and accessories for surveying (including photogrammetric surveying); and
  • Tonga, down $3.2 million (42.0%) to $4.4 million due to decreased re-exports of gas oil (diesel).

 

 

 

 

 

 

 

Below presents the main features of Fiji’s International Merchandise Trade Statistics for the Month of July 2017.

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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 August 2017 will be released in November 2017.