Discuss Fiji's key merchandise exports, imports and trading partners over the last 10 years.

Expert Solution

Fiji is the 147th largest export economy in the world.

Fiji is an island and borders New Caledonia, New Zealand, Tonga, Tuvalu, Vanuatu and Wallis and Futuna by sea.

Fiji mainly imports fuel, telecommunications equipment, recreational vehicles, rice, cane sugar, wheat, pharmaceutical products, meat and natural gas. Fiji’s main imports partner is Singapore (accounting for around 57 percent of total imports). Others include New Zealand, United States, Thailand, Japan, China, India, Malaysia and Hong Kong.

Fiji’s exports have been decreasing in recent years due to falling competitiveness. Fiji mainly exports cane sugar, bottled water, fish, wood, gold, bread and manioc. Fiji’s main exports partners are United Kingdom, United States, Singapore, Tonga, Japan, New Zealand, Vanuatu, Western Samoa and the Cook Islands.

In last 10 years, Statistics are given below:

Figures in 000 FJD

Period	Domestic	Re-exports	Total Exports	Imports	Trade Balance
Annually
2009	936,745	373,514	1,310,259	3,022,159	-1,711,900
2010	1,062,931	542,452	1,605,383	3,464,614	-1,859,231
2011	1,023,676	901,172	1,924,848	3,913,571	-1,988,723
2012	1,038,106	1,143,635	2,181,741	4,030,378	-1,848,937
2013	1,051,743	1,067,983	2,119,726	5,198,924	-3,079,198
2014	1,105,332	1,196,826	2,302,158	5,012,583	-2,710,425
2015	1,150,969	908,253	2,059,222	4,756,824	-2,697,602
2016	1,135,785	814,720	1,950,505	4,839,186	-2,888,681
2017	1,188,724	846,883	2,035,607	4,963,774	-2,928,167
2018	838,754	703,596	1,542,350	4,051,991	-2,509,641

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