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October 2019 HIGHLIGHTS :


Fig 1

Merchandise trade provisional figures for October 2019 showed deficit balance of VT 2,673 million, a decrease in the value of imports VT 3,101 million and exports that of VT 428 million compared to the previous year. Domestic export earnings (excluding re-exports) increased 51% in October 2019 over October 2018. Export decreases were attributed mainly by copra, coconut oil, sawn timber, vanilla and coffee.

Fig 2

Fig 3

The main shares of domestic products total value in October 2019 were: Kava at 57%, followed by alcoholic drinks at 13%, cocoa at 6%, coconut oil at 4%, beef and shell at 2% each, sawn timber and coconut meal at 1% each, while other products accounts for 12%. Other products consisted of animal products, mineral products, base metals and articles thereof.

Fig 4

Coconut products export total was VT 23 million in October 2019, showing 52% or VT 25 million, decrease in comparison to October 2018. Coconut oil exports was the main contributor in October 2019 at VT 19 million, followed by coconut meal at VT 4 million.

Fig 5


Kava exports in October 2019 stood at VT 246 million, 56% or VT 89 million in value increase in comparison to October 2018. However, beef exports recorded a shipment of VT8 million in October 2019. The country of destinations for kava exports remained unchanged in October 2019 led by Kiribati Fiji, United States of America,New Caledonia, followed closely by China and New Zealand, While beef exports were mainly to Japan.

In terms of share of commodity groups to total imports receipts, machines and transport equipment represented the largest value (C.I.F) of VT 796 million or 26% of the total imports for home consumption in October 2019, followed by food and live animals at 24%, basic manufactured products at 18%, miscellaneous manufactured goods at 14%, chemical products at 8%, beverages and tobacco at 4%, crude materials except fuels at 3%, mineral fuels at 2%, goods not classified elsewhere, and oils, fats and waxes at 1% each respectively.


Fig 6




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