flag Fiji Islands Fiji Islands: Trade Profile

Foreign Trade in Figures

Fiji is open to foreign trade, which represents 82% of the country’s GDP (World Bank, latest data available). Trade remains very much controlled by the government, and customs duties are relatively high, with an average applied tariff rate of around 16.6% (World Bank). Furthermore, non-tariff barriers - such as the restrictions on import licences, several different import taxes, and tax incentives offered to local exporters – contribute to hindering foreign trade. The country mainly exports water (12.8%), petroleum oils (10.6%), frozen fish (7.5%), and gold (7.2%); while imports are led by petroleum oils (14.9%), powered aircraft (7%), electrical apparatus (2.7%), and wheat and meslin (2.5% - Comtrade).

According to data by Comtrade, in 2021 Fiji’s major sources of imports were Singapore (17.1%), Australia (16.9%), China (15%), New Zealand (14.8%), and the U.S. (10.6%). The main destinations for exports were the U.S. (20.5%), Australia (16.5%), New Zealand (8.2%), Tonga (5.8%), and China (5.7%). Fiji has a number of free trade agreements and the government launched the National Export Strategy (NES) to increase the level of exports.

The country has a structural trade deficit that has been growing in recent years. In 2021, Fiji exported USD 815 million worth of merchandise against USD 2.1 billion in imports; while concerning services exports stood at USD 284 million vis-à-vis USD 509 million in imports (data WTO). Due to the fall in exports, the trade deficit widened to 27.3% of GDP in 2021 (from 16.7% one year earlier – according to the World Bank). According to figures from the National Bureau of Statistics, in 2022, domestic exports stood at USD 1.3 billion (+9.8% year-on-year), whereas imports totalled almost USD 6.6 billion (+47.1% y-o-y).

 
Foreign Trade Indicators 20172018201920202021
Imports of Goods (million USD) 2,4202,7202,7341,7322,116
Exports of Goods (million USD) 9561,0411,033828815
Imports of Services (million USD) 637719778480509
Exports of Services (million USD) 1,3771,5391,510342284
Trade Balance (million USD) -1,092-1,359-1,388-660-947
Foreign Trade (in % of GDP) 971031077282
Imports of Goods and Services (in % of GDP) 5155594455
Exports of Goods and Services (in % of GDP) 4648482827

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

Return to top

Main Partner Countries

Main Customers
(% of Exports)
2021
United States 20.5%
Australia 16.5%
New Zealand 8.2%
Tonga 5.8%
China 5.7%
See More Countries 43.3%
Main Suppliers
(% of Imports)
2021
Singapore 17.1%
Australia 16.9%
China 15.0%
New Zealand 14.8%
United States 10.6%
See More Countries 25.6%

Source: Comtrade, Latest Available Data

Return to top

 

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%
Telephone sets, incl. telephones for cellular...Telephone sets, incl. telephones for cellular networks or for other wireless networks; other apparatus for the transmission or reception of voice, images or other data, incl. apparatus for communication in a wired or wireless network [such as a local or wide area network]; parts thereof (excl. than transmission or reception apparatus of heading 8443, 8525, 8527 or 8528) 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

Return to top

 

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

 

Trade Compliance

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

Return to top

Any Comment About This Content? Report It to Us.

 

© eexpand, All Rights Reserved.
Latest Update: June 2023