International Merchandise Trade

FBoS Release No: 40, 2017
16th August 2017


imtsApr17aProvisional data put the total value of goods imported in April 2017 at $366.9 million while the value of total exports was $159.8 million. (Refer Graph I).

Compared to April 2016, total imports increased by $11.5 million (3.2%) whereas total exports decreased by $15.5 million (8.8%).

The April 2017 trade deficit amounted to $207.1 million compared to $224.2 million a month earlier (March).

HIGHLIGHTS

IMPORTS

imtsApr17b

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]

imtsApr17c

Compared to April 2016, the import categories recording notable increases were:

  • Mineral Products [HS 25-27], up $24.8 million (45.9%) to $78.8 million due to increased imports of gas oil (diesel); and
  • Base metals & articles thereof [HS 72-83], up $13.4 million (58.2%) to $36.3 million due to increased imports of articles of iron or steel.

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

  • Vehicles, aircraft & associated transport equipment [HS 86-89], down $9.0 million (20.0%) to $36.1 million due to decreased imports of vehicles;
  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $6.1 million (8.4%) to $66.7 million due to decreased imports of telephones for cellular networks or for other wireless networks; and
  • Chemicals and allied products [HS 28-38], down $6.0 million (25.1%) to $18.0 million due to decreased imports of pharmaceutical products.

 

imtsApr17dFor the month of April 2017, Fiji’s major sources of imports (Refer Graph III) were:

  • Singapore, up $23.3 million (39.7%) to $81.9 million due to increased imports of gas oil (diesel);
  • *China - People’s Republic, up $21.3 million (54.4%) to $60.3 million due to increased imports of fresh fish;
  • New Zealand, down $13.7 million (20.4%) to $53.6 million due to decreased imports of milk and cream;
  • Australia, down $10.4 million (17.0%) to $51.0 million due to decreased imports of semi-milled & wholly milled rice; and
  • Japan, up $6.4 million (28.8%) to $28.6 million due to increased imports of aerial reflectors.

 

 

* 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

imtsApr17e

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]

imtsApr17f

Compared to April 2016, the import category recording a notable increase was:

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $17.6 million (50.0%) to $52.7 million due to increased exports of molasses

Compared to April 2016, the import category recording a notable decrease was:

  • Wood, cork & articles thereof & plaiting material [HS 44-46], down $8.1 million (89.0%) to $1.0 million due to decreased exports of woodchips.

 

imtsApr17gFor the month of April 2017, Fiji’s major domestic export destinations (Refer Graph V) were:

  • United States of America, up $6.1 million (20.3%) to $36.1 million due to increased exports of sugar;
  • Australia, down $0.3 million (1.2%) to $23.1 million due to decreased exports of gold;
  • China - Taiwan, up $8.7 million (609.6%) to $10.1 million due to increased exports of molasses;
  • Vanuatu, up $3.1 million (92.3%) to $6.5 million due to increased exports of flour;
  • New Zealand, down $1.6 million (29.5%) to $3.9 million due to decreased exports of dalo (taro); and

 

 

* Domestic export of gold is under query.

 

RE-EXPORTS

imtsApr17h

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]

imtsApr17i

Compared to April 2016, there were no notable increases for re-export categories.

Compared to April 2016, the re-export categories recording notable decreases were:

  • Mineral products [HS 25-27], down $14.8 million (37.9%) to $24.4 million due to decreased re-exports of aviation turbine fuel; and
  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $6.6 million (55.6%) to $5.3 million due to decreased re-exports of mechanical shovels, excavators and shovel loaders.

 

imtsApr17j

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

  • China - People’s Republic, up $3.8 million (60.8%) to $10.0 million due to increased re-exports of yellow fin tunas;
  • Tonga, down $0.01 million (0.1%) to $5.7 million due to decreased re-exports of aviation turbine fuel;
  • Kiribati, up $0.7 million (15.8%) to $5.0 million due to increased re-exports of gas oil (diesel);
  • United States of America, up $2.1 million (126.2%) to $3.7 million due to the re-export of an aircraft; and
  • Australia, up $1.8 million (109.9%) to $3.4 million due to increased re-exports of television cameras, digital cameras and video camera recorders.

 

 

 

 

 

 


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

Figure 1: Flow of Trade – April 2017

FJD [000]

imtsApr17k


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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 May 2017 will be released in August 2017.

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