Exports increased by $6.2 million over the same quarter last year

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The total value of exports in the June 2022 quarter increased 33.8 percent (or $6.2 million) to $24.7 million over the same quarter last year. In comparison with the March 2022 quarter, the value of exports also increased by 12.5 percent. 

Largely responsible for the increase were higher values of fish, crustaceans and molluscs and re-export of mineral fuels, mineral oils and products to mention a few.

This is according to the Samoa Bureau of Statistics report ending 30 June, 2022.

Exports of Main Commodities Fish exports became the top exported commodity in the reviewed quarter, valued at $5.7 million, accounting for 23.0 percent of total merchandise exports value. This was $2.2 million higher than its exports in the June 2021 quarter and up $3.8 million when compared to the March 2022 quarter. 

Mineral fuels, mineral oils and products exports followed with a total value of $4.4 million (17.7 percent of total merchandise exports value), increasing $2.2 million and $1.6 million when compared to the June 2021 quarter and March 2022 quarter respectively. 

Electrical machinery and equipment exports increased $2.0 million (to $3.0 million) over the same quarter last year, accounting for 11.9 percent of total merchandise exports value. 

When compared to the March 2022 quarter, the value of electrical machinery and equipment increased $0.7 million. Fats and oils exports recorded a total value of $2.1 million accounting for 8.6 percent of total merchandise exports value, decreasing 14.7 percent and 72.0 percent over the June 2021 quarter and March 2022 quarter in that order. 

Vegetables exports were valued at $1.2 million, accounting for 5.0 percent of total merchandise exports value. This value was 50.6 percent and 6.3 percent lower than that of June 2021 quarter and March 2022 quarter respectively. 

Beverages, spirits and vinegar exports declined 25.0 percent (to $1.0 million) when compared to the June 2021 quarter, accounting for 4.2 percent of total merchandise exports value. The exports of beverage, spirits and vinegar fell 6.5 percent when compared to the March 2022 quarter. 

Tobacco with a total export value of $1.0 million increased 35.6 percent over the June 2021 quarter (accounting for 4.1 percent of total merchandise exports value), but down 9.0 percent when compared to March 2022 quarter. Iron and steel and articles exports were valued at $0.8 million or 3.2 percent of total merchandise exports value. 

This was $0.4 million and $0.5 million higher when compared to the same quarter of last year and the March 2022 quarter respectively. 

All ‘other commodities’ recorded less than 3.0 percent shares each of total merchandise exports value, having a combined total of $5.5 million.