Marine Exports Volume

December 2017


Released on 29 March 2018 | Download the complete release | pdfIcon 180 KB


  Dec 17
Nov 17
Oct 17
Sep 17

Total Volume (metric tons)
30.4 50.9 213.9 96.5
Tuna 22.4 37.0 178.0 70.2
Snapper 8.0 7.7 7.5 6.2
10.0 - 6.2 28.4 20.2
Aquarium Products (pieces)
5,806 8,373 4,222 7,358

Note: Numbers may not add up to the total volume due to rounding error.

Exported marine products finish the year at a low level

Marine Exports

The total exported marine products1 continued to fall over the month by 20.5 metric tons (40.3%). The monthly trend for December followed a high volume of exported tuna in October 2017 before decreasing in the last two months of 2017. This was due to less foreign fishing vessels registered to fish the Tongan seas. This is lower than the average December of the past 5 years and also the lowest recorded for 2017.

However, total marine products exported rose by 219.1 metric tons (10.3%) over the year to December 2017 largely driven by a 188.0 metric tons (9.8%) increase in tuna exports. This was followed by the export of snapper and seaweed which rose by 17.1 metric tons (14.5%) and 17.0 metric tons (81.6%) respectively. This outweighed a decrease in the export of shark meat and reef fish.

Aquarium Exports

The total aquarium exports declined over the month by 2,567 pieces (30.7%), after an increase in November 2017 by 2,567 pieces which was driven by the seasonality in aquarium products. Over the month of December recorded lower exports of invertebrates and shellfish by 3,902 and 105 pieces respectively. This outweighed an increase in exported live hard coral by 652 pieces, soft coral by 555 pieces, and live fish by 233 pieces.

Similarly, total exported aquarium products fell over the year by 26,157 pieces (19.3%). This was due to lower exports in amount of various aquarium products such as invertebrates, live hard coral, soft coral, live fish, and shellfish.

Exports Proceeds

The Ministry of Fisheries estimated the total value of the exported fisheries products to be $0.2 million (FOB value) in December 2017. However, the banking system reported $0.7 million received for the export of fisheries products. The United States remained the highest export destination for the marine exports followed by Japan, and New Zealand.

In year ended terms, total marine exports proceed declined by $0.6 million (7.1%) to a total of $7.9 million.

Outlook

The Reserve Bank expects that the fisheries sector will continue to grow supported by development plans facilitated by the Ministry of Fisheries. These included the Aquaculture Management and development plan which is currently planning on markets to increase opportunities for pearl farmers in both Vava’u and Ha’apai. This plan also include preparations towards planting of seaweed. The fisheries sector continues to benefit from the duty exemptions policy on oil and fishing gear and the initiatives of the Government’s Fisheries Development and Export Fund (FDEF) through the Government Development Loans facilitated by the Tonga Development Bank.


1 - Excluded aquarium products


Marine Exports Volume Releases

Marine Exports Volume for 2017


pdfIcon December
Released on 29 March 2018 | 180 KB
pdfIcon September
Released on 27 December 2017 | 208 KB

pdfIcon August
Released on 6 December 2017 | 216 KB
pdfIcon July
Released on 6 December 2017 | 214 KB

pdfIcon June
Released on 10 November 2017 | 221 KB
pdfIcon May
Released on 17 August 2017 | 403 KB

pdfIcon April
Released on 16 June 2017 | 237 KB
pdfIcon March
Released on 16 June 2017 | 237 KB

pdfIcon February
Released on 16 June 2017 | 222 KB
pdfIcon January
Released on 16 June 2017 | 230 KB

2016


pdfIcon December
Released on 9 June 2017 | 212 KB
pdfIcon November
Released on 5 May 2017 | 202 KB

pdfIcon October
Released on 8 May 2017 | 396 KB
pdfIcon September
Released on 8 February 2017 | 387 KB

pdfIcon August
Released on 8 February 2017 | 387 KB
pdfIcon July
Released on 31 October 2016 | 382 KB

pdfIcon June
Released on 5 September 2016 | 416 KB
pdfIcon May
Released on 5 August 2016 | 415 KB

pdfIcon April
Released on 28 July 2016 | 419 KB
pdfIcon March
Released on 11 July 2016 | 521 KB

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