International Merchandise Trade

FBoS Release No: 94, 2016
30th December 2016


imtsOct16aProvisional data put the total value of goods imported in October 2016 at $287.2 million while the value of total exports was $94.6 million. (Refer Graph I).

Compared to October 2015, total imports and total exports decreased by $37.9 million (11.6%) and $24.4 million (20.5%) respectively.

The October 2016 trade deficit amounted to $192.6 million compared to $204.4 million a month earlier (September).

 


HIGHLIGHTS

IMPORTS

imtsOct16b


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]

imtsOct16c

Compared to October 2015, the import category recording a notable increase was:

  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $27.8 million (92.2%) to $57.9 million due to increased imports of used or reconditioned passenger motor cars.

Compared to October 2015, the import categories recording notable decreases were:

  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $15.6 million (26.1%) to $44.0 million due to decreased imports of telephones for cellular network or other wireless networks;
  • Base metals & articles thereof [HS 72-83], down $9.4 million (40.8%) to $13.6 million due to decreased imports of iron and steel;
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], down $7.9 million (40.1%) to $11.8 million due to decreased imports of alcohol;
  • Plastic, rubber & articles thereof [HS 39-40], down $6.9 million (45.6%) to $8.2 million due to decreased imports of articles of plastic for the packing of goods;
  • Wood pulp, paper & paperboard, & articles thereof [HS 47-49], down $6.3 million (73.0%) to $2.3 million due to decreased imports of corrugated paper and paperboard; and
  • Live animals: animal products [HS 01-05], down $5.8 million (35.6%) to $10.4 million due to decreased imports of fresh fish.

imtsOct16dFor the month of October 2016, Fiji’s major sources of imports (Refer Graph III) were:

  • China - People’s Republic, up $13.9 million (28.7%) to $62.2 million due to increased imports of ammonium sulphate;
  • Singapore, down $2.1 million (3.7%) to $54.0 million due to decreased imports of gas oil (diesel);
  • Japan, up $25.8 million (147.6%) to $43.3 million due to increased imports of used or reconditioned passenger motor cars;
  • New Zealand, down $6.0 million (12.2%) to $43.1 million due to decreased imports of milk and cream; and
  • Australia, down $17.0 million (34.2%) to $32.7 million due to decreased imports of wheat and meslin.

 

 

 

 

DOMESTIC EXPORTS

imtsOct16e


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]

imtsOct16f

Compared to October 2015, there were no notable increases for domestic export categories.

Compared to October 2015, the domestic export category recording a notable decrease was:

  • Pearls, precious, semi-precious stones & metals [HS 71], down $8.0 million (97.4%) to $0.2 million due to decreased exports of gold.

imtsOct16gFor the month of October 2016, Fiji’s major domestic export destinations (Refer Graph V) were:

  • United States of America, down $9.0 million (32.1%) to $19.1 million due to decreased exports of mineral water;
  • *Australia, down $9.9 million (47.4%) to $11.0 million due to decreased exports of gold;
  • New Zealand, up $0.9 million (18.0%) to $5.7 million due to increased exports of dalo (taro);
  • Vanuatu, up $1.5 million (50.2%) to $4.5 million due to increased exports of flour and
  • Samoa, up $0.6 million (29.1%) to $2.8 million due to increased exports of flour.

 


* Domestic export of gold is under query.

 

 

RE-EXPORTS

imtsOct16h

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]

imtsOct16i

Compared to October 2015, the re-export category recording a notable increase was:

  • Mineral products [HS 25-27], up $8.8 million (57.2%) to $24.1 million due to increased re-exports of gas oil (diesel).

Compared to October 2015, there were no notable decreases for re-export categories.

imtsOct16jFor the month of October 2016, Fiji’s major re-export destinations (Refer Graph VII) were:

  • Tonga, down $0.7 million (13.2%) to $4.4 million due to decreased re-exports of gas oil (diesel);
  • Kiribati, down $1.3 million (40.8%) to $1.9 million due to decreased re-exports of gas oil (diesel);
  • New Zealand, down $1.4 million (56.9%) to $1.1 million due to decreased re-exports of graders and levelers;
  • Tuvalu, up $0.7 million (398.9%) to $0.9 million due to increased re-exports of gas oil (diesel); and
  • China – People’s Republic, down $0.2 million (16.3%) to $0.8 million due to decreased re-exports of sardines.

 

 

 

 

 

 

Below presents the main features of Fiji’s International Merchandise Trade Statistics for the Month of October 2016.

imtsOct16k

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 November 2016 will be released in January 2017.

 

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