Statistics Update – February 19^th

Trade Statistics

GDP at current price: US$3.93 billion (FJ$8.02 billion) (2020)

GDP per capita at current prices: US$4,370 (FJ$8,920) (2020)

GDP growth (constant price): -21.0% (2020)

Inflation (Year on Year): -2.8% (2020)

Foreign Reserves: US$1.0741 billion (FJ$2.1925 billion) (2020)

Months of Imports of Goods: 7.3 months (2020)

Fiji’s Top 5 Imports (2020)

1. Mineral products – US$312.4 million (FJ$637.6 million)
2. Machinery, mechanical and electrical appliances – US$257.3 million (FJ$525.3 million)
3. Vegetable products – US$137.4 million (FJ$280.4 million)
4. Base metals and articles – US$128.1 million (FJ$261.4 million)
5. Vehicles, aircraft, vessels, and associated transport equipment – US$124.5 million (FJ$254.2 million)

Fiji’s Top 5 Exports (2020)

1. Mineral water – US$102.3 million (FJ$208.9 million)
2. Gold – US$57.7 million (FJ$117.7 million)
3. Sugar – US$50.5 million (FJ$103.0 million)
4. Garments – US$31.5 million (FJ$64.2 million)
5. Wood in chips or particles – US$29.0 million (FJ$59.1 million)

Fiji’s Top 5 Import Sources (2020)

1. New Zealand
2. Singapore
3. China – People’s Republic
4. Australia
5. Japan

Fiji’s Top 5 Domestic Export Destinations (2020)

1. United States of America
2. Australia
3. New Zealand
4. China – People’s Republic
5. Tonga

Sources: Fiji Bureau of Statistics, Reserve Bank of Fiji, IMF

Exchange Rate: FJ$1 = US$0.4899 (Reserve Bank of Fiji – January 2021, End of Period)