11 Sep 2019

Samoa's exports up over 42 percent in value

12:17 pm on 11 September 2019

Samoa's exports are up by 42.4 percent for the 12 months to June.

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Photo: RNZ

The Central Bank Governor said improvements in both volume and prices drove the $US14.57 million increase from $US34.3 million to $US49.12 million.

Maiava Atalina Ainu'u Auelua said the volume of fresh fish exports was up by 25 percent, but the price had increased by 59 percent.

Nonu juice was up 73 percent by volume and 29 percent by price, Maiava said, meaning an increase of $US3.89 million in overall value.

Coconut oil export volume was up nearly 3464 percent and 291 percent in price, an increase of $US1.05 million overall.

However, total imports rose 10.4 percent creating a trade deficit of $US293.3 million, up 6.4 percent on the previous year.

This was off-set by an overseas visitor spend of $US192.43 million and private remittances of $US203.48 million, up 14.5 and 11.4 percent respectively.