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Further damage to the economy (estimated at US$30 million) was wrought by a cyclone that hit the northern island of The aftermath of the political turmoil in 2000 resulted in a 10-percent shrinkage in the economy, as investor confidence plummeted and tourist numbers dropped sharply.

The country has a large subsistence agriculture sector, which accounts for 18% of gross domestic product, although it employed some 70% of the workforce as of 2001. Fiji had a total export of 1,041,040.36 in thousands of US$ and total imports of 2,719,590.99 in thousands of US$ leading to a negative trade balance of -1,678,550.63 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Fiji is 16.34% and the Most Favored Nation (MFN) Weighted Average tariff is 16.45%.The trade growth is -6.16% compared …

The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.The top product import tariffs by their MFN Ad Valorem value for Fiji are Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.The highest complexity exports of Fiji according to the product complexity index (PCI) are The top export opportunities for Fiji according to the relatedness index, are N/A.

That is an ongoing problem which calls for urgent attention.Drought in 1998 further damaged the sugar industry, but its recovery in 1999 contributed to robust GDP growth. Overview: In 2018 Samoa was the number 185 economy in the world in terms of GDP (current US$), the number 194 in total exports, and the number 184 in total imports.In 2018, Samoa exported $66.1M and imported $454M, resulting in a negative trade balance of -$388M.

Sugar and honey are in second place in export sales (24%).

122 146 Sugar exports and the growing tourist …

In 2015, the country’s total installed electricity generation capacity was 296 megawatts, of which the Fiji National Electricity Authority operated 94%. 110 The barchart show only products that Fiji is not specialized in.The product space is a network connecting products that are likely to be co-exported. Fiji - Fiji - Economy: Fiji has a market economy based primarily on tourism and agriculture, the latter including a substantial subsistence sector dominated by indigenous Fijians.

Fiji and the United States do not have a bilateral investment agreement.

USA has recently provided Fiji with its seal of approval as far as exporting shrimps is concerned.

130 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. 80 imports and 73.8 percent of Fiji’s total goods exports.
140 country comparison to the world (CIA rank, may be based on non-current data): country comparison to the world (CIA rank, may be based on non-current data): 163 108 The Fijian garment industry has developed rapidly since the introduction of tax exemptions in 1988. Other significant activities are gold-mining, fishing and timber production.

Tourism is the largest foreign-exchange earner and clothing exports grew rapidly from the late 1980s.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Private sector investment in 2017 approached 20% of GDP, compared to 13% in 2013. The Coral Coast is a stunning 80km stretch of coastline between Sigatoka and Suva, on the southern shores of the main island of Viti Levu. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions. Relatedness is a predictive of the probability that a country increases its exports in a product. The top services exported by Fiji in 2018 were Personal travel ($907M), Transportation ($498M), Government services, n.i.e.
Fiji’s main imports partner is Singapore (accounting for around 57 percent of total imports). Fiji’s Trade Position Fiji currently runs a goods trade deficit, which means Since 1987, when the country was destabilized by two Fiji's economy is increasingly reliant on remittances from citizens working overseas. Given Fiji’s population of 890,000 people, its total $622.4 million in 2019 exports translates to roughly $700 for every person living in Fiji.

Most of Fiji's exports go to Australia, the United Kingdom, and New Zealand. country comparison to the world (CIA rank, may be based on non-current data): The majority of Fiji's population live on the two main islands of Viti Levu and Vanua. The currency is the Fijian dollar with the main sources of foreign exchange being the tourist industry, remittances from Fijians working abroad, and bottled water exports. Among other things, it aimed to give A major aim of the Fijian government is to achieve self-sufficiency in Foodstuffs, machinery, mineral fuels, beverages, tobacco, and manufactured goods are the principal imports.

The economy of Fiji is one of the most developed among the Pacific islands.Nevertheless, Fiji is a developing country endowed with forest, mineral and fish resources. Relatedness measures the distance between a product, and all of the products it is currently specialized in.The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Forestry became important as an export trade in the mid-1980s, when the pine plantations planted in the 1950s and 1960s began to mature.