Fiji

Fiji ranked No. 135 in total trade value through May with a total of $86.61 million. Exports totaled $15.54 million and Imports totaled $71.08 million, a deficit of $55.54 million.

U.S. trade with Fiji rose to $68.03 million through May

Fiji’s trade with the United States rose to $68.03 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 50.8 percent below its total trade during the same time period last year. U.S. exports to Fiji decreased 80.42 percent while U.S. imports from Fiji fell 27.19 percent. The U.S. deficit with Fiji was $44 million.

Through May, 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 Oakland, 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 71.46 percent of Fiji’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Los Angeles fell 37.09 percent to $30.41 million.
    Exports fell 78.39 percent to $307,415. Imports fell 35.84 percent to $30.11 million.
  • Trade with No. 2 Port of Philadelphia fell 23.28 percent to $11.94 million.
    Exports rose 427.7 percent to $1.44 million. Imports fell 31.32 percent to $10.5 million.
  • Trade with No. 3 Los Angeles International Airport fell 18.99 percent to $9.4 million.
    Exports fell 45.17 percent to $3.82 million. Imports rose 20.41 percent to $5.58 million.
  • Trade with No. 4 Port of Savannah, Ga. rose 17.08 percent to $5.76 million.
    Exports rose 186.18 percent to $1.02 million. Imports rose 3.91 percent to $4.74 million.
  • Trade with No. 5 Port of Oakland, Calif. rose 98.92 percent to $4.39 million.
    Exports fell 4.37 percent to $490,809. Imports rose 130.24 percent to $3.9 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 $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 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 May were the categories of Low value shipments; Misc. iron or steel structures and parts; Civilian aircraft, parts; Cell phones, related equipment; and Cranes, derricks, industrial-use vehicles, respectively. They accounted for 44.18 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 88.27 percent of all inbound shipments.

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

  • Low value shipments fell 25.44 percent compared to last year to $2.88 million.
  • Misc. iron or steel structures and parts rose 3681.39 percent compared to last year to $1.21 million.
  • Civilian aircraft, parts fell 97.64 percent compared to last year to $1.14 million.
  • Cell phones, related equipment rose 104.13 percent compared to last year to $833,835.
  • Cranes, derricks, industrial-use vehicles totaled $795,699. The previous year, there were no exports in this category.

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

  • Natural waters fell 30.09 percent compared to last year to $30.8 million.
  • Caviar, caviar substitutes, other prepared fish fell 20.53 percent compared to last year to $23.62 million.
  • Plants for pharmacy, perfume, insecticides rose 23.55 percent compared to last year to $5.3 million.
  • Ginger, saffron, turmeric (curcuma), thyme, bay leaves, curry and other spices rose 101.08 percent compared to last year to $1.55 million.
  • Fish, fresh or chilled fell 58.44 percent compared to last year to $1.48 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.