INTERNATIONAL MERCHANDISE TRADE STATISTICS -September 2017

FBoS Release No: 78, 2017

 

27th December 2017


September 2017graph1 Fiji overall performance

Provisional data put the total value of goods imported in September 2017 at $432.2 million while the value of total exports was $235.4 million. (Refer Graph I).

Compared to September 2016, total imports decreased by $81.5 million (15.9%) whereas total exports increased by $75.2 million (46.9%).

The September 2017 trade deficit amounted to $196.8 million compared to $221.7 million a month earlier (August).

 

 

HIGHLIGHTS

IMPORTS

Graph II Import commodities sept17

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]

Table 1 Major contributors to import sept17Compared to September 2016, the import categories recording notable increases were:

  • Mineral products [HS 25-27], up $12.2 million (14.5%) to $96.0 million due to increased imports of aviation or turbine fuel; and
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $6.1 million (29.5%) to $26.6 million due to increased imports of alcohol.

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

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $42.5 million (40.0%) to $63.7 million due to decreased imports of other parts of dish washing machines for household use;
  • Vehicles, aircraft & associated transport equipment [HS 86-89], down $23.5 million (42.1%) to $32.3 million due to decreased imports of vehicles;
  • Base metals & articles thereof [HS 72-83], down $11.9 million (30.0%) to $27.8 million due to decreased imports of iron and steel; and
  • Chemicals and allied products [HS 28-38], down $8.9 million (29.1%) to $21.6 million due to decreased imports of pharmaceutical products.

 

Graph III Imports Major Sources sept17

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

  • New Zealand, up $0.8 million (1.1%) to $79.5 million due to increased imports of lamb;
  • Singapore, down $4.0 million (4.9%) to $77.3 million due to decreased imports of gas oil (diesel);
  • Australia, down $4.7 million (5.9%) to $74.6 million due to decreased imports of wheat and meslin;
  • China People’s Republic, down $9.3 million (11.2%) to $73.6 million due to decreased imports of sardines; and
  • Korea, Republic of, down $2.6 million (13.7%) to $16.6 million due to decreased imports of lights oils & preparation.

 

 * 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

Graph IV Domestic export commodities sept17

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]

Table 2 Sept17

Compared to September 2016, the domestic export categories recording notable increases were:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $32.5 million (93.1%) to $67.5 million due to increased exports of sugar; and
  • Textiles & textile articles [HS 50-63], up $8.6 million (93.3%) to $17.8 million due to increased exports of textiles, yarn & made up articles.

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

 

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

Graph V Domestic Exports Major Destinations sept17

  • Spain, up $33.1 million (4,721.5%) to $33.8 million due to increased exports of sugar.
  • Australia, up $5.3 million (21.0%) to $30.6 million due to increased exports of life jackets and life belts;
  • United States of America, up $0.8 million (3.0%) to $25.8 million due to increased exports of sugar;
  • New Zealand, up $1.2 million (19.1%) to $7.2 million due to increased exports of kava;
  • Vanuatu, up $0.8 million (13.2%) to $6.4 million due to increased exports of flour; and

 

 

 

 

 

RE-EXPORTS

Graph VI Re export commodities sept17

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]

Table 3 Major contributor to Re exports Sept17

Compared to September 2016, the re-export categories recording notable increases were:

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], up $37.3 million (1,100.3%) to $40.7 million due to increased re-exports of television cameras, digital cameras and video camera recorders; and
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $6.1 million (233.7%) to $8.6 million due to increased re-exports of cigarettes containing tobacco.

Compared to September 2016, there were no notable decreases for re-export categories.

 

Graph VII Re Export Major Destination Sept17

For the month September 2017, Fiji’s major re-export destinations (Refer Graph VII) were:

  • India, up $28.1 million (100.0%) to $28.1 million due to increased re-exports of television cameras, digital cameras and video camera recorders;
  • New Zealand, up $1.8 million (24.0%) to $9.5 million due to increased re-exports of containers for compressed or liquefied gas, of iron or steel;
  • Australia, up $4.2 million (316.7%) to $5.5 million due to increased re-exports of other aerials and aerial reflectors of all kinds;
  • Tonga, up $1.1 million (26.6%) to $5.5 million due to increased re-exports of gas oil (diesel); and
  • China – People’s Republic, up $1.8 million (56.9%) to $5.1 million due to increased re-exports of fresh fish.

 

 

 

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

Figure 1 Flow of Trade september 2017

CLICK HERE FOR RELATED TABLES

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 2017 will be released in December 2017.

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