March 2001 Press Releases

International Trade

The 2001 first quarter figures on trade showed a decrease of 9.6% in trade deficit compared to December quarter 2000. On an annual basis, Vanuatu's trade deficit rose rose 11.2% from 1,964 million Vatu first quarter 2000 to 2,184 million Vatu  first quarter 2001. 

Total imports increased from 2655 million Vatu in the first quarter of 2000 to 2,787 million Vatu in the first quarter of 2001 while quarterly figures showed total imports fell 15.9% compared to the December quarter 2000.

Domestic exports for the first quarter 2001 decreased by 20% compared to first quarter 2000. The decrease was heavily influenced by reduced receipts in copra (down 74.%) and cocoa (down 43.3%). Other commodities  that also contributed to the overall decline in exports for this quarter are timber (down 13.4%) and cowhides (down 40%).

According to the first quarter 2001 report, Australia remains Vanuatu's main trading partner, buying 22.4% of Vanuatu's total domestic exports , followed by Japan buying 13.5% while New Zealand bought up to 5% of Vanuatu's domestic exports.

To the international trade press release, including statistical table ...

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Tourism and Migration

Visitor arrivals in March 2001 decreased by 16.1% over the December quarter 2000.  The country's political instability contributed significantly to the low number of arrivals into the  country.

There has also been a drop in the number of cruise ship visitors (down 8.9%).

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Consumer Price Index

The Vanuatu Consumer Price Index increased by 2.1% over the March quarter while and annual rate of change stood at 3.1%. The quarter increases were mostly due to price increases in Vila.

The most significant upward contribution to the movement in the CPI came from "Housing and Utilities (up 3.8%) and Food (up 1.8%). Less significant upward contributions came from the clothing and footwear group and household supplies group. The most significant downward contribution to the March quarter came from the transport and communication group (down 0.1%) and drinks and tobacco group (down 0.3%).

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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