International Merchandise Trade

FBoS Release No: 29, 2018
30th April 2018


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Provisional data put the total value of goods imported in January 2018 at $457.3 million while the value of total exports was $144.9 million. (Refer Graph I).

Compared to January 2017, total imports and total exports increased by $40.0 million (9.6%) and $10.3 million (7.7%) respectively.

The January 2018 trade deficit amounted to $312.4 million compared to $363.2 million a month earlier (December).                                                                                                           

 

 

 

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 January 2017, the import category recording notable increases were:

  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $41.7 million (94.3%) to $86.0 million due to increased imports of new passenger motor cars and racing car; and
  • Mineral products [HS 25-27], up $20.2 million (25.7%) to $98.5 million due to increased imports of gas oil (diesel).

Compared to January 2017, the import categories recording notable decreases were:

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $9.5 million (12.1%) to $69.0 million due to decreased imports of injection moulding machines;
  • Live animals: animal products [HS 01-05], down $9.3 million (35.8%) to $16.7 million due to decreased imports of fresh fish; and
  • Vegetable products [HS 06-14], down $5.6 million (30.8%) to $12.6 million due to decreased imports of semi milled wholly milled rice.

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

  • *China - People’s Republic, up $27.4 million (37.4%) to $100.6 million due to increased imports of fresh fish;
  • Singapore, up $9.2 million (11.2%) to $90.7 million due to increased imports of lights and oil preparations;
  • Australia, up $1.4 million (2.5%) to $59.0 million due to increased imports of wheat and meslin;
  • New Zealand, down $7.9 million (12.5%) to $55.2 million due to decreased imports of lamb; and
  • Korea, Republic of, up $3.2 million (15.0%) to $24.5 million due to increased imports of gas oil (diesel).

 

 

* 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 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 January 2017, the domestic export category recording a notable increase was:

  • Wood, cork & articles thereof & plaiting material [HS 44-46], up $16.0 million (835.1%) to $17.9 million due to increased exports of woodchips.
  • Compared to January 2017, the domestic export category recording a notable decrease was:
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], down $7.3 million (25.1%) to $21.8 million due to decreased exports of mineral water.

 

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

  • United States of America, down $9.3 million (35.8%) to $16.7 million due to decreased exports of mineral water;
  • Australia, up $2.6 million (19.5%) to $16.0 million due to increased exports of gold;
  • Japan, up $11.7 million (2,638.3%) to $12.2 million due to increased exports of woodchips;
  • China – People’s Republic, up $5.5 million (762.0%) to $6.2 million due to increased exports of woodchips; and
  • New Zealand, up $0.4 million (11.4%) to $4.3 million due to increased exports of dalo (taro).

 

 

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 January 2017, the re-export category recording a notable increase was:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $9.1 million (1,828.4%) to $9.6 million due to increased re-export of cigarettes containing tobacco.

Compared to January 2017, the re-export category recording a notable decrease was:

  • Live animals: animal products [HS 01-05], down $6.4 million (38.3%) to $10.2 million due to decreased re-exports of fresh fish.

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

  • Tonga, up $3.1 million (42.4%) to $10.3 million due to increased re-exports of gas oil (diesel);
  • China - People’s Republic, down $0.05 million (0.6%) to $7.9 million due to decreased re-exports of fresh fish;
  • New Caledonia, up $6.0 million (37,362.5%) to $6.0 million due to increased re-exports of cigarettes containing tobacco;
  • New Zealand, up $0.5 million (11.8%) to $4.4 million due to increased re-exports of television cameras, digital cameras and video recorders; and
  • Cook Islands, up $0.8 million (25.1%) to $3.9 million due to increased re-exports of gas oil (diesel).

 

 


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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 February 2018 will be released in April 2018.