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Fiji - Trade & Marketing Information
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ALIGN="RIGHT" SRC="/cgtd/global/pacific/fiji.gif"> Fiji - key economic data 

Economy Overview:

    Fiji's economy is primarily agricultural, with a large subsistence sector.
    Sugar exports and tourism are the major sources of foreign exchange.
    Industry contributes 13% to GDP, with sugar processing accounting for
    one-third of industrial activity. Roughly 250,000 tourists visit each year.
    Political uncertainty and drought, however, contribute to substantial
    fluctuations in earnings from tourism and sugar and to the emigration of
    skilled workers. In 1992, growth was approximately 3%, based on growth in
    tourism and a lessening of labor-management disputes in the sugar and
    gold-mining sectors. In 1993, the government's budgeted growth rate of 3%
    was not achieved because of a decline in non-sugar agricultural output and
    damage from Cyclone Kina. Growth in 1994 is estimated to be 5%, largely
    attributed to increased tourism and expansion in domestic production,
    particularly in the manufacturing sector.


National product:
    GDP - purchasing power parity - $4.3 billion (1994 est.)
National product real growth rate:
    5% (1994 est.)
National product per capita:
    $5,650 (1994 est.)
Inflation rate (consumer prices):
    1.5% (1994)
Unemployment rate:
    5.4% (1992)
Budget:
  revenues:
    $485 million
  expenditures:
    $579 million, including capital expenditures of $58 million (1994)



Industrial production:

    growth rate 0% (1993 est.); accounts for 13% of GDP
Electricity:
  capacity:
    200,000 kW
  production:
    480 million kWh
  consumption per capita:
    581 kWh (1993)



Economic Activity


Industries:

    sugar, tourism, copra, gold, silver, clothing, lumber, small cottage
    industries



Agriculture:
    accounts for 23% of GDP; principal cash crop is sugarcane; coconuts,
    cassava, rice, sweet potatoes, bananas; small livestock sector includes
    cattle, pigs, horses, and goats; fish catch nearly 33,000 tons (1989)
Fiji - key foreign trade data 



Exports:

    $405 million (f.o.b., 1993)
  Commodities:
    sugar 40%, clothing, gold, processed fish, lumber
   Major Trade Partners::
    EC 26%, Australia 15%, Pacific Islands 11%, Japan 6%



Imports:

    $634 million (c.i.f., 1993)
  Commodities:
    machinery and transport equipment, petroleum products, food, consumer goods,
    chemicals
   Major Trade Partners::
    Australia 30%, NZ 17%, Japan 13%, EC 6%, US 6%
External debt:
    $670 million (1994 est.)
Fiji - Trade, Industry & Marketing information

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