INTERNATIONAL MERCHANDISE TRADE STATISTICS - November 2017

FBoS Release No: 10, 2018
15th February 2018


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Provisional data put the total value of goods imported in November 2017 at $423.2 million while the value of total exports was $152.4 million. (Refer Graph I).

Compared to November 2016, total imports decreased by $61.6 million (12.7%) whereas total exports increased by $9.0 million (6.3%).

The November 2017 trade deficit amounted to $270.8 million compared to $255.0 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 2016, the import category recording a notable increase was:

  • Vehicles, aircraft & associated transport equipment, thereof [HS 86-89], up $15.7 million (28.7%) to $70.7 million due to increased imports of aircrafts.

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

  • Mineral products [HS 25-27], down $28.1 million (32.2%) to $59.2 million due to decreased imports of aviation or turbine fuel;
  • Base metals & articles thereof [HS 72-83], down $10.7 million (28.6%) to $26.7 million due to decreased imports of articles of iron and steel;
  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $6.7 million (8.1%) to $75.2 million due to decreased imports of brewery machine;
  • Textiles & textile articles [HS 50-63], down $6.1 million (26.7%) to $16.9 million due to decreased imports of articles of textiles; and
  • Wood pulp, paper & paperboard, & articles thereof [HS 47-49], down $5.0 million (34.0%) to $9.8 million due to decreased imports of corrugated paper and paperboard.

 

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

  • Australia, down $3.5 million (3.8%) to $87.5 million due to decreased imports of bank and currency notes;
  • New Zealand, up $7.1 million (9.5%) to $81.6 million due to increased imports of lamb;
  • Singapore, down $23.1 million (25.5%) to $67.4 million due to decreased imports of gas oil (diesel);
  • * China - People’s Republic, down $18.1 million (28.1%) to $46.5 million due to decreased imports of fresh fish; and
  • United States of America, up $15.2 million (119.5%) to $28.0 million due to the import of an aircraft.

 

 

* 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 2016, there were no notable increases and decreases for domestic export categories.

 

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

  • United States of America, up $3.0 million (12.8%) to $26.7 million due to increased exports of mineral water;
  • Australia, up $1.6 million (8.1%) to $21.4 million due to increased exports of garments;
  • New Zealand, up $3.2 million (58.0%) to $8.7 million due to increased exports of dalo (taro);
  • Vanuatu, up $1.5 million (31.4%) to $6.3 million due to increased exports of corned meat; and
  • Samoa, down $0.1 million (2.2%) to $3.5 million due to decreased exports of folding cartons, boxes and cases.

 

 

 

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 November 2016, the re-export category recording a notable increase was:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $5.6 million (920.3%) to $6.2 million due to increased re-export of cigarettes containing tobacco.

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

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $5.2 million (46.3%) to $6.0 million due to decreased re-exports of television cameras, digital cameras, and video camera recorders.

 

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

  • China - People’s Republic, up $1.1 million (25.5%) to $5.7 million due to increased re-exports of fresh fish;
  • New Zealand, down $1.8 million (28.3%) to $4.6 million due to decreased re-exports of container for compressed or liquefied gas, of iron or steel;
  • Tonga, down $0.6 million (14.1%) to $3.7 million due to decreased re-exports of gas oil (diesel);
  • New Caledonia, up $2.8 million (5,468.6%) to $2.8 million due to increased re-exports of cigarettes containing tobacco; and
  • China - Taiwan, up $1.2 million (114.5%) to $2.2 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 November 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 December and Annual 2017 will be released in March 2018.