International Merchandise Trade

FBoS Release No: 47, 2018
9th July 2018


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Provisional data put the total value of goods imported in April 2018 at $401.4 million while the value of total exports was $131.9 million. (Refer Graph I).

Compared to April 2017, total imports increased by $34.3 million (9.3%) whereas total exports decreased by $26.4 million (16.7%).

The April 2018 trade deficit amounted to $269.5 million compared to $279.4 million a month earlier (March).

 

 

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 April 2017, the import categories recording notable increases were:

  • Vegetable products [HS 06-14], up $20.8 million (150.3%) to $34.6 million due to increased imports of wheat and meslin;
  • Chemicals and allied products [HS 28-38], up $13.0 million (72.6%) to $31.0 million due to increased imports of insecticides and similar products;
  • Vehicles, aircraft & associated transport equipment [HS 86-89], up $10.9 million (30.2%) to $47.0 million due to increased imports of motor vehicles for the transport of goods and used or reconditioned passenger motor cars and racing cars;
  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], up $6.9 million (36.1%) to $26.0 million due to increased imports of wine; and
  • Live animals: animal product [HS 01-05], up $6.3 million (31.7%) to $26.2 million due to increased imports of frozen sardines and meat of sheep.

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

  • Base metals & articles thereof [HS 72-83], down $15.1 million (41.6%) to $21.2 million due to decreased imports of other tubes & pipes and bridges & bridge sections; and
  • Machinery & mechanical & electrical appliances & parts thereof [HS 84-85], down $5.7 million (8.6%) to $61.0 million due to decreased imports of aerials and aerial reflectors of all kinds; parts suitable for use therewith.

 

 

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

  • Australia, up $33.5 million (65.6%) to $84.7 million due to increased imports of wheat and meslin and liquefied butanes;
  • Singapore, up $0.3 million (0.4%) to $82.5 million due to increased imports of light oils & preparations (motor spirits);
  • New Zealand, up $12.7 million (23.8%) to $66.3 million due to increased imports of milk and telephones for cellular networks or for other wireless networks;
  • China - People’s Republic, down $21.5 million (35.7%) to $38.8 million due to decreased imports other tubes & pipes and bridges & bridge sections; and
  • Japan, down $5.3 million (18.4%) to $23.3 million due to decreased imports of aerials and aerial reflectors of all kinds; parts suitable for use therewith.

 

 

 

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 April 2017, there were no notable increases for domestic export category.

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

  • Prepared foodstuffs, beverages, spirits & tobacco [HS 16-24], down $24.6 million (47.0%) to $27.8 million due to decreased domestic exports of sugar and molasses.

 

 

 

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

  • United States of America, down $17.0 million (47.0%) to $19.1 million due to decreased exports of mineral water and sugar;
  • *Australia, down $7.4 million (32.1%) to $15.6 million due to decreased exports of gold;
  • New Zealand, up $0.6 million (15.5%) to $4.5 million due to increased exports of kava and corned meat;
  • Vanuatu, down $2.4 million (39.5%) to $3.7 million due to decreased exports of flour and bricks, blocks & tiles; and
  • Papua New Guinea, up $1.6 million (180.3%) to $2.5 million due to increased exports of sweet biscuits and winding wire.

*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 April 2017, there were no notable increases for re-export category.

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

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

  • China – People’s Republic, up $1.0 million (10.1%) to $11.0 million due to increased re-exports of frozen fish;
  • United States of America, up $4.5 million (120.7%) to $8.2 million due to increased re-exports of other aerials and aerial reflectors of all kinds; parts suitable for use therewith;
  • New Zealand, up $0.3 million (11.0%) to $3.3 million due to increased re-exports of containers for compressed or liquefied gas, of iron or steel;
  • Tonga, down $2.4 million (43.1%) to $3.2 million due to decreased re-exports of gas oil (diesel) and light oils & preparations; and
  • Tuvalu, up $1.6 million (186.7%) to $2.4 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 April 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 May 2018 will be released in July 2018.