June 2001 Press Releases

International Trade

The second quarter figures showed an increase of 914 million Vatu in Vanuatu’s trade deficitą as compared to the second quarter 2000. The trade deficit amounted to 2,749 million Vatu during the second quarter 2001 compared to 1,835 million Vatu in the same period of 2000.

Imports for Home Consumption increased from 2,790 million Vatu in the second quarter of 2000 to 3,306 million Vatu in the same quarter of 2001, showing an increase of 18.5% compared to the second quarter of 2000

The domestic exports during the second quarter of 2001 decreased by 37.9% compared to the second quarter of 2000. The decrease was mainly attributable to the decreases in copra (-81.1%) and beef (-51.9%) exports. Timber sawn, cowhides, and kava have also contributed to this decrease. However, cocoa and shells exports increased by 150% and 12.5% respectively over the same period.

The distribution of exports by country of destination indicated that Japan became Vanuatu’s main export destination, buying 27.4% of Vanuatu’s domestic exports during the second quarter 2001. Australia, European Union, New Caledonia, New Zealand and South Korea, New Zealand followed respectively with 19.6%, 6.3%, 5.6%, 2.7% and 2%. 36.4% were exported to the remaining countries

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Tourism and Migration

Visitor arrivals for the second quarter of 2001 were 12,625, an increase of 0.7% compared to the first quarter 2001, but a significant decrease of 16.6% compared to the same quarter of previous year.

Visitors from Australia, which remains the principal market from which over half the tourists come, decreased by 7.9% over the first quarter of 2001. Visitors from Europe (6.7%), Other Pacific Countries (3.2%), New Caledonia (2.8%) and Japan (1.5%) and also contributed to the decrease. However, visitors from New Zealand and North America showed increases of 70.3% and 33.5% respectively during the same period.

Visitor arrivals by purpose of visit showed that there were increases for visitors who came to visit Friends and Relatives (39.1%) and also for those who came for Business (35.1%), however, visitors who came on holiday decreased by 4.3% during the second quarter compared to the first quarter, 2001.

Cruise ship visitor arrivals also showed an increase of 6.6% over the first quarter of 2001 and a decrease of 0.6% over the same quarter of the previous year.

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Consumer Price Index

The June quarter 2001 Consumer Price Index recorded an increase of 0.8% over the March quarter 2001 and a 4.4% increase over the June quarter 2000. The increase over the March quarter 2001 was due to increases in indices for Port Vila (0.7%) and Luganville (0.8%).

The Expenditure groups having greater impact on the increase over March quarter 2001 were Housing & Utilities (2.0%), Transport & Communication (1.6%), Clothing & Footwear (1.4%) Food Consumption (0.5%), Drink & Tobacco (0.4%) and Recreation, Education & Health (0.3%). However, Household Supplies recorded a decrease of 1.5% over the same period.

The major increases in Housing & Utilities, Transport & Communication and Food Consumption was due to increases in rented accommodation (2.6%), Land Transport (12.9 %) and seasonal items such as fruits and vegetables in Supermarkets (15.4%).

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 Contact the Vanuatu Statistics Office 

Vanuatu Statistics Office

Private Mail Bag 019

Port Vila, VANUATU

Telephone: 678 22110/22111

Fax: 678 24583

updated 04 February 2003