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2023
Product
Exports | Imports $1.15B | $3.18B157 of 226 |  156 of 226
2023
Per Capita Product
Exports | Imports $1.25k | $3.44k114 of 220 |  107 of 220

About

Overview In 2023 Fiji was the number 157 economy in the world in terms of total exports and the number 156 in total imports.

Exports The top exports of Fiji are Water ($267M), Raw Sugar ($104M), Refined Petroleum ($97.6M), Processed Fish ($55.1M), and Gold ($48.5M), exporting mostly to United States ($366M), Australia ($140M), Tonga ($72.6M), New Zealand ($68.7M), and Samoa ($49.5M).

Imports The top imports of Fiji are Refined Petroleum ($718M), Medical Instruments ($92.4M), Cars ($86.7M), Broadcasting Equipment ($69M), and Wheat ($63.9M), importing mostly from Singapore ($804M), China ($499M), Australia ($479M), New Zealand ($433M), and United States ($158M).

Location Fiji borders New Zealand, Tonga, Tuvalu, Vanuatu, New Caledonia, and Wallis and Futuna by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Fiji.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Water$267M
Top Destination (2023)United States$366M

In 2023, Fiji exported a total of $1.15B, making it the number 157 exporter in the world. During the last five reported years the exports of Fiji have changed by $95M from $1.06B in 2018 to $1.15B in 2023.

The most recent exports are led by Water ($267M), Raw Sugar ($104M), Refined Petroleum ($97.6M), Processed Fish ($55.1M), and Gold ($48.5M). The most common destination for the exports of Fiji are United States ($366M), Australia ($140M), Tonga ($72.6M), New Zealand ($68.7M), and Samoa ($49.5M).

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Exports (2023)
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Destinations (2023)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2022 - 2023)
United Kingdom$28.6M (+ 771%)
Vanuatu$12M (+ 38.5%)
Samoa$9.2M (+ 22.8%)
Fastest Growing Import Markets (2022 - 2023)
United States$77.7M (+ 97.1%)
Singapore$22.2M (+ 2.84%)
New Zealand$19.7M (+ 4.77%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Fiji Exports Services (2019)$1.6B
Fiji Imports Services (2019)$789M

In 2019, Fiji exported $1.6B worth of services. The top services exported by Fiji in 2019 were Personal travel ($900M), Transportation ($483M), Government services, n.i.e. ($102M), Business travel ($61.6M), and Computer and information services ($23.1M).

The top services imported by Fiji in 2019 were Transportation ($397M), Personal travel ($156M), Other business services ($93.2M), Insurance services ($53.4M), and Computer and information services ($35.3M).

Service Exports (2019)

Service Imports (2019)

Economic Complexity

Most Specialized Products by RCA Index

Fiji has a high level of specialization in Water (1.08k), Sugar Preserved Foods (182), Molasses (128), Spices (78.4), and Perfume Plants (72.3). Specialization is measured using RCA, an index that takes the ratio between Fiji observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Fiji according to the relatedness index, were Crustaceans (0.24), Cocoa Beans (0.23), Tropical Fruits (0.22), Bananas (0.22), and Coffee (0.22). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Fiji is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Fiji. These are products that tend to be co-exported with the products that Fiji exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

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