Quarterly Statistical Indicators (QSI) For December Quarter 2016
In December quarter 2016, the quantity of copra exports stood at 5,455 tonnes, representing an increase of 3,933 tonnes over December quarter 2015.
In value terms, copra exports recorded a significant increase of VT 350 million when compared to VT 91 million over December quarter 2015.
Copra export receipts constituted a 32% share of the total domestic
Coconut Oil Export
In December quarter 2016, the quantity of coconut oil exports stood at 985 tonnes, showing a slight increase by 1% or 12 tonnes compared to 974 tonnes in the December quarter of 2015.
Coconut oil exports in value terms stood at VT 88 million in December quarter 2016, showing a decrease of 34% or VT 6 million compared to VT 133 million in the same quarter of the previous year.
The average export price of coconut oil decreased by 35% in the December quarter 2016 compared to the same quarter of the previous year. Coconut oil receipts constituted 6% of total domestic export value in December quarter 2016.
Cocoa exports in quantity recorded a significant increase by 76% or 422 tonnes in December quarter of 2016 over the same period in 2015.
In value terms, cocoa exports increased by 16% compared to the same quarter of the previous year. Cocoa exports receipts constituted a 13% share of
the total domestic exports value in December quarter 2016.
- Beef exports decreased by 47% in quantity compared to the same quarter of the previous year. In value terms, beef exports decreased by 31% or
VT 6 million over December quarter 2015.
- Despite the decreases in both value and quantity, The implied average beef export price recorded a 30% increase over the December quarter of 2015.
Beef export value constituted a 6% share of the total domestic export receipts in December quarter 2016.
Total visitor arrivals to Vanuatu in December quarter 2016 stood at 101,367, an
increase of 10% over corresponding quarter
2015, also increased by 39% over the previous quarter. The increase was reflected
in the rise in cruise ship visitors into
The seasonally adjusted visitor arrivals depicted a decrease of visitors by air for December quarter 2016 while day visitors increased. Visitor arrivals by air made up 27% of all international visitors to Vanuatu with a total of 26,871 visitors in December quarter 2016, it indicated an increase of 8% over same period in 2015, while visitors fell by (-11%) over the previous quarter.
Australian visitors accounted for 54% of all visitor arrivals by air in December quarter 2016.
In December quarter 2016, countries that recorded an increase over corresponding quarter of 2015 were; Japan at 64%, Europe at 61%, China at 33%, other countries at 26%, Australia at 7%, other pacific countries at 6% and New Caledonia at 4%, while New Zealand decreased by (-16%) and North America at (-11%).
Holiday visitors made up 75% of visitors by air; visitors who arrived to visit friends and relatives and visitors on business, meetings or conferences at 9% each, visitors on other purposes at 7% and visitors on transit at 1%.
Day visitors made up 73% of total international visitors to Vanuatu in December quarter 2016. It showed an increase of 11% over the corresponding quarter of 2015 and it also increased by 75% over the previous quarter. The increase was attributed by the rise in the number of cruise ships to Vanuatu in December quarter 2016.
Consumer Price Index
The Consumer Price Index (CPI) of December 2016 indicated a slight increase of 0.3%. Port Vila increased by 0.6%, while Luganville index decreased by (-0.8%) compared to the previous quarter. When compared to the December quarter of 2015, the Vanuatu index increased by 2.2%, Port Vila index at 2.7% while Luganvillie index decreased by (-0.1%).
At the national level, the expenditure groups that contributed to the increase over the same quarter of last year were: Food (+7.3%), Education (+4.7%), Household Supplies (+1.1%); and Transport (+1.0%). Thus, the increases in these expenditure groups were the result of increases in price movements of Fruits and Vegetables, school fees, Furniture and furnishing and purchasing of new motor vehicle. However, the other groups that showed the negative impact were Clothing and Footwear and communication at (-4.3%) each, Housing Utilities (-3.6%), Miscellaneous (-1.4%), Recreation (-1.1%), Alcoholic drinks (-0.3%) and Health (-0.2%).
The total government revenue in December quarter 2016 stood at VT 3,520.6 million of which 88.3% is recurrent revenue and 11.7% were grants received from abroad. The total revenue decreased over the same quarter in 2015, it also fell over the previous quarter.
The total government expenditure in the December quarter 2016 decreased by (-19.6%) over the corresponding quarter in 2015.