International Merchandise Trade

FBoS Release No: 35, 2018
13th June 2018


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Provisional data put the total value of goods imported in March 2018 at $449.3 million while the value of total exports was $169.9 million. (Refer Graph I).

Compared to March 2017, total imports and total exports increased by $77.2 million (20.7%) and $21.4 million (14.4%) respectively.

The March 2018 trade deficit amounted to $279.4 million compared to $225.6 million a month earlier (February).

 

 

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 March 2017, the import category recording notable increases were:

  • Mineral products [HS 25-27], up $41.0 million (58.4%) to $111.3 million due to increased imports of gas oil (diesel) and aviation or turbine fuel;
  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $40.6 million (125.6%) to $72.9 million due to increased imports of aircraft and motor vehicles for the transport of goods; and
  • Vegetable products [HS 06-14], up $5.2 million (25.5%) to $25.4 million due to increased imports of rice (semi & wholly milled and broken) and kava or yaqona

Compared to March 2017, the import category recording a notable decrease was:

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $16.0 million (19.0%) to $68.1 million due to decreased imports of electric generating sets and rotary converters.

 

 

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For the month of March 2018, Fiji’s major sources of imports (Refer Graph III) were:

  • Singapore, up $46.6 million (64.6%) to $118.7 million due to increased imports of gas oil (diesel) and aviation turbine fuel;
  • New Zealand, up $4.5 million (6.4%) to $75.0 million due to increased imports of television cameras, digital cameras and video camera recorders;
  • Australia, down $6.2 million (8.6%) to $65.8 million due to decreased imports of bank and currency notes;
  • China - People’s Republic, up $3.2 million (6.4%) to $53.9 million due to increased imports of fork lift trucks; and
  • Japan, up $8.7 million (61.8%) to $22.7 million due to increased imports of new passenger motor cars and racing cars.

 

 

 

 

 

DOMESTIC EXPORTS

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The percentage breakdown of major domestic export types 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 March 2017, the domestic export categories recording notable increases were:

  • Pearls, precious, semi-precious stones & metals [HS 71], up $9.6 million (516.8%) to $11.5 million due to increased domestic exports of gold; and
  • Wood, cork & articles thereof & plaiting material [HS 44-46], up $6.5 million (310.0%) to $8.6 million due to increased domestic exports of woodchips.

Compared to March 2017, the domestic export category recording a notable decrease was:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], down $6.8 million (16.9%) to $33.3 million due to decreased domestic exports of mineral water.

 

 

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For the month of March 2018, Fiji’s major domestic export destinations (Refer Graph V) were:

  • United States of America, down $5.2 million (17.6%) to $24.2 million due to decreased exports of mineral water;
  • *Australia, up $10.5 million (82.2%) to $23.4 million due to increased exports of gold;

Japan, up $8.2 million (1,755.7%) to $8.7 million due to increased exports of woodchips;

  • Vanuatu, up $2.5 million (64.4%) to $6.4 million due to increased exports of paints and varnishes; and
  • New Zealand, down $1.1 million (16.6%) to $5.3 million due to decreased exports of garments.

 

 

 

 

*Domestic export of gold is under query.

RE-EXPORTS

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

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

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Compared to March 2017, the re-export category recording a notable increase was:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $6.3 million (697.8%) to $7.1 million due to increased re-exports of other smoking tobacco, whether or not containing tobacco substitutes in any proportion.

 

Compared to March 2017, there were no notable decreases for re-export category.

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For the month March 2018, Fiji’s major re-export destinations (Refer Graph VII) were:

 

  • Tonga, up $3.7 million (82.0%) to $8.2 million due to increased re-exports of light oils & preparations (motor spirit);
  • United States of America, up $3.8 million (130.9%) to $6.7 million due to increased re-exports of aircrafts;
  • China - People’s Republic, down $0.3 million (5.5%) to $5.8 million due to decreased re-exports of fresh fish;
  • New Caledonia, up $4.8 million (100.0%) to $4.8 million due to increased re-exports of other smoking tobacco, whether or not containing tobacco substitutes in any proportion; and
  • Cook Islands, up $0.9 million (25.3%) to $4.4 million due to increased re-exports of gas oil (diesel).

 

 

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CLICK HERE FOR RELATED TABLES

For more information on International Merchandise Trade Statistics refer to the following attached tables:

  • Table 4: Balance of Trade;
  • Table 5: Total Imports by HS;
  • Table 6: Domestic Exports by HS;
  • Table 7: Re-exports by HS;
  • Table 8: Total Exports by HS;
  • Table 9: Principal Domestic Exports by HS;
  • Table 10: Principal Imports by HS;
  • Table 11: Balance of Trade by major partner countries for March 2018;
  • Table 12: Exports by SITC;
  • Table 13: Imports by SITC; and
  • Table 14: Mode of Transport.

For further enquiries please contact Mrs. Veenita Miller on email or telephone 331 5822 (ext. 386 235) or direct line 323 0835.

The International Merchandise Trade Statistics for April 2018 will be released in June 2018.