Fiji (FJI) Exports, Imports, and Trade Partners | The Observatory of Economic Complexity (original) (raw)

About

Overview In 2022 Fiji was the number 155 economy in the world in terms of total exports and the number 156 in total imports.

Exports The top exports of Fiji are Water ($405M), Refined Petroleum ($99.3M), Raw Sugar ($62.3M), Non-fillet Frozen Fish ($60.9M), and Fuel Wood ($59.6M), exporting mostly to United States ($511M), Australia ($142M), Tonga ($71M), New Zealand ($68.5M), and China ($56.3M).

Imports The top imports of Fiji are Refined Petroleum ($1.03B), Wheat ($69.1M), Cars ($62.8M), Broadcasting Equipment ($42.4M), and Delivery Trucks ($40M), importing mostly from Singapore ($763M), China ($528M), Australia ($432M), New Zealand ($380M), and South Korea ($287M).

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

Latest Trade

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

Color

Trade Value

Growth

Growth (%)

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

Color

Trade Value

Growth

Growth (%)

Top Export (2022)Water$405M

In 2022, Fiji exported a total of 1.3B,makingitthenumber155exporterintheworld.DuringthelastfivereportedyearstheexportsofFijihavechangedby1.3B, making it the number 155 exporter in the world. During the last five reported years the exports of Fiji have changed by 1.3B,makingitthenumber155exporterintheworld.DuringthelastfivereportedyearstheexportsofFijihavechangedby133M from 1.17Bin2017to1.17B in 2017 to 1.17Bin2017to1.3B in 2022.

The most recent exports are led by Water ($405M), Refined Petroleum ($99.3M), Raw Sugar ($62.3M), Non-fillet Frozen Fish ($60.9M), and Fuel Wood ($59.6M). The most common destination for the exports of Fiji are United States ($511M), Australia ($142M), Tonga ($71M), New Zealand ($68.5M), and China ($56.3M).

Explore Visualizations

Market Growth

Fastest Growing Export Markets (2021 - 2022)

Fastest Growing Import Markets (2021 - 2022)

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 1.6Bworthofservices.ThetopservicesexportedbyFijiin2019werePersonaltravel(1.6B worth of services. The top services exported by Fiji in 2019 were Personal travel (1.6Bworthofservices.ThetopservicesexportedbyFijiin2019werePersonaltravel(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).

Economic Complexity

Most Specialized Products by RCA Index

Fiji has a high level of specialization in Water (1.61k), Molasses (238), Sugar Preserved Foods (114), Spices (86.6), and Fuel Wood (76.6). Specialization is measured using RCA, an index that takes the ratio between Fiji observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Fiji according to the product complexity index (PCI) are Tools, hand; (including glaziers' diamonds) n.e.c.; blow lamps; vices, clamps etc, other... (1.5), Newsprint, in rolls or sheets (1.09), Machinery and apparatus for soldering, brazing, welding, whether or not capable of... (1.05), Pens; ball-point, felt tipped, other porous tipped pens; fountain pens, stylograph pens... (0.67), and Aircraft; parts of heading no. 8801 or 8802 (0.66). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Fiji according to the relatedness index, were Crustaceans (0.22), Tropical Fruits (0.21), Cocoa Beans (0.2), Bananas (0.2), and Pepper (0.2). 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.

Diversification Frontier

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.