Fiji

Fiji ranked No. 135 in total trade value through June with a total of $110.8 million. Exports totaled $22.84 million and Imports totaled $87.96 million, a deficit of $65.13 million.

U.S. trade with Fiji rose to $110.8 million through June

Fiji’s trade with the United States rose to $110.8 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 35.76 percent below its total trade during the same time period last year. U.S. exports to Fiji decreased 66.84 percent while U.S. imports from Fiji fell 15.11 percent. The U.S. deficit with Fiji was $65.13 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Los Angeles; No. 2 Port of Philadelphia; No. 3 Los Angeles International Airport; No. 4 Port of Savannah, Ga.; and No. 5 Port of San Francisco, Calif.. During the same period the previous year, the top five were No. 1 Port of Los Angeles; No. 2 Honolulu International Airport, Hawaii; No. 3 Port of Philadelphia; No. 4 Los Angeles International Airport and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 71.58 percent of Fiji’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 26.8 percent to $40.26 million.
    Exports fell 76.12 percent to $339,788. Imports fell 25.49 percent to $39.92 million.
  • Trade with No. 2 Port of Philadelphia fell 19.53 percent to $14.37 million.
    Exports rose 543.21 percent to $2.51 million. Imports fell 32.08 percent to $11.86 million.
  • Trade with No. 3 Los Angeles International Airport fell 12.09 percent to $12.71 million.
    Exports fell 30.03 percent to $6.19 million. Imports rose 16.19 percent to $6.52 million.
  • Trade with No. 4 Port of Savannah, Ga. rose 1.02 percent to $6.28 million.
    Exports rose 186.18 percent to $1.02 million. Imports fell 10.2 percent to $5.26 million.
  • Trade with No. 5 Port of San Francisco, Calif. rose 122.05 percent to $5.69 million.
    There were no exports. Imports rose 122.05 percent to $5.69 million.

Fiji ranked No. 135 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 129.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Fiji by value through June were the categories of Low value shipments; Cell phones, related equipment; Misc. iron or steel structures and parts; Medicines not in individual dosages; and Civilian aircraft, parts, respectively. They accounted for 51.66 percent of total exports to Fiji.

The value of the top five categories of U.S. imports from Fiji –– Natural waters; Caviar, caviar substitutes, other prepared fish; Plants for pharmacy, perfume, insecticides; Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices; and Fish, fresh or chilled –– accounted for 88.47 percent of all inbound shipments.

Looking more closely at U.S. exports to Fiji:

  • Low value shipments fell 16.08 percent compared to last year to $3.92 million.
  • Cell phones, related equipment rose 292.68 percent compared to last year to $2.59 million.
  • Misc. iron or steel structures and parts rose 6267.25 percent compared to last year to $2.04 million.
  • Medicines not in individual dosages totaled $1.98 million. The previous year, there were no exports in this category.
  • Civilian aircraft, parts fell 97.39 percent compared to last year to $1.27 million.

Looking more closely at U.S. imports from Fiji:

  • Natural waters fell 28 percent compared to last year to $36.5 million.
  • Caviar, caviar substitutes, other prepared fish fell 6.65 percent compared to last year to $31.67 million.
  • Plants for pharmacy, perfume, insecticides rose 16.85 percent compared to last year to $6.11 million.
  • Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices rose 114.52 percent compared to last year to $1.89 million.
  • Fish, fresh or chilled fell 61.77 percent compared to last year to $1.65 million.

In the latest annual figures available, Fiji recorded $349.51 million in trade with the United States. Total U.S. exports to Fiji were $ 103.18 million and imports from Fiji were $246.32 million. The U.S. deficit with Fiji was $143.14 million.