flag Fiji Islands Fiji Islands: Trade Profile

Foreign Trade in Figures

Fiji is open to foreign trade, which represents 72% of the country’s GDP (World Bank, latest data available). Even though trade remains very much controlled by the government, customs duties are relatively low, with an average applied tariff rate of around 16.6% (World Bank). However, non-tariff barriers - such as the restrictions on import licences, several different import taxes, tax incentives offered to local exporters – contribute to hindering foreign trade. The country mainly exports petroleum oils (20.6%), water (13.2%), frozen fish (9%), and gold (4.9%); while imports are led by petroleum oils (18.1%), powered aircraft (14.1%), electrical apparatus (2.9%), and motor vehicles (2.1% - Comtrade).

According to preliminary figures from the National Bureau of Statistics, in 2021 Fiji’s major sources of imports were Singapore, Australia, New Zealand, China and the U.S. The main destinations for exports were the U.S., Australia, New Zealand, China, and Vanuatu. To increase the level of exports, the government launched the National Export Strategy (NES).

The country has a structural trade deficit that has been growing in recent years. In 2021, it amounted to USD 2,635.4 million, compared to USD 1,961.3 million a year earlier. Provisional data from the Bureau of Statistics put the 2021 value of goods imported at USD 4,484.9 million, with exports at USD 1,849.5 million. Compared to 2020, total imports and exports increased by 19.5% and 3.2%, respectively.

 
Foreign Trade Indicators 20162017201820192020
Imports of Goods (million USD) 1,7002,4202,7202,7341,732
Exports of Goods (million USD) 7209561,0411,033828
Imports of Services (million USD) 469637719778480
Exports of Services (million USD) 1,2471,3771,5391,510342
Trade Balance (million USD) -999-1,092-1,350-1,384-656
Foreign Trade (in % of GDP) 979710310772
Imports of Goods and Services (in % of GDP) 5151565845
Exports of Goods and Services (in % of GDP) 4746484828

Source: WTO – World Trade Organisation ; World Bank - Latest available data.

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Main Partner Countries

Main Customers
(% of Exports)
2020
United States 20.4%
Australia 15.0%
New Zealand 7.0%
United Kingdom 5.7%
China 4.9%
See More Countries 46.9%
Main Suppliers
(% of Imports)
2020
Singapore 18.2%
Australia 17.8%
New Zealand 16.4%
China 16.3%
United States 4.1%
See More Countries 27.2%

Source: Comtrade, Latest Available Data

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Main Products

0.8 bn USD of products exported in 2021
Waters, incl. natural or artificial mineral waters...Waters, incl. natural or artificial mineral waters and aerated waters, not containing added sugar, other sweetening matter or flavoured; ice and snow 12.8%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 10.6%
Frozen fish (excl. fish fillets and other fish...Frozen fish (excl. fish fillets and other fish meat of heading 0304) 7.5%
Gold, incl. gold plated with platinum, unwrought...Gold, incl. gold plated with platinum, unwrought or not further worked than semi-manufactured or in powder form 7.2%
Fuel wood, in logs, billets, twigs, faggots or...Fuel wood, in logs, billets, twigs, faggots or similar forms; wood in chips or particles; sawdust and wood waste and scrap, whether or not agglomerated in logs, briquettes, pellets or similar forms 4.4%
See More Products 57.5%
2.1 bn USD of products imported in 2021
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 14.9%
Powered aircraft e.g. helicopters and aeroplanes;...Powered aircraft e.g. helicopters and aeroplanes; spacecraft, incl. satellites, and suborbital and spacecraft launch vehicles 7.0%
Electrical apparatus for line telephony or line...Electrical apparatus for line telephony or line telegraphy, incl. line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones; parts thereof 2.7%
Wheat and meslinWheat and meslin 2.5%
Instruments and appliances used in medical,...Instruments and appliances used in medical, surgical, dental or veterinary sciences, incl. scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments, n.e.s. 2.4%
See More Products 70.3%

Source: Comtrade, Latest Available Data

 

To go further, check out our service Import controls and Export controls

To go further, check out our service Import Export Flows

 
 

Main Services

Source: United Nations Statistics Division, Latest Available Data

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List of tariffs and local taxes that apply to your product on our service Customs duties

 

Trade Compliance

International Conventions
Member of World Trade Organisation
Useful Resources
Revenue and Customs Authority (FIRCA)
National Organisation of Intellectual Property
The Office of the Attorney-General.
 
 
 

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Latest Update: September 2022