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Merchandise trade provisional figures for April 2019 recorded a deficit balance of VT 2,690 million,showing a slight improvement of VT 531 million or 16% compared to April 2018.Domestic export earnings (excluding re-exports) for April 2019 stood at VT 338 million, showing a decrease of 13% or Vatu 53 million over April 2018.

Fig 1

In April 2019, for the main export commodities; kava constituted the largest share in value at VT 266 million or 79%, followed by coconut oil at 6% and coconut meal at 2% ,and other products at 12%.Other products consisted of nagai oil, roasted pork and household and personal effects. (refer to table 2).

Coconut product exports in total value amounted to VT28 million in April 2019 compared to VT 187 million over April 2018, showing a huge decrease of 85% or VT 159 million. There were no copra exports recorded for April 2019 which resulted in this decrease.

Fig 5

Exports of Kava in value increased by 54% or 94 million from VT 172 million in April 2018 to VT 266 million in April 2019. However, there were no beef exports recorded in April 2019. Most of the kava was mainly exported to Fiji, New Caledonia and Kiribati

Fig 4

In terms of share of commodity groups to total imports receipts, machines and transport equipment represented the largest value (C.I.F) of VT 794 million or 26% of the total imports for home consumption in April 2019, followed by food and live animals at 22%, mineral fuels at 20%, basic manufactured products at 13%, chemical products at 7%, miscellaneous manufactured goods at 6%,beverages and tobacco and crude materials at 3% respectively, goods not classified elsewhere at 1% and oils, fats and waxes below 1%.

Fig 6

Compared to April 2018, the commodity groups which increased were: Mineral fuels at 87% or VT 276 million vatu in April 2019, followed by oils, fats and waxes at 41%, goods not elsewhere classified at 35%, food and live animals at 33%,basic manufactured products at 26%, beverages and tobacco at 20%. However, the rest of the commodity groups that decreased were; Crude materials except fuel at (78%), machines and transport at (50%), miscellaneous manufactured goods at (29%) and chemical products at (5%).



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