Economy

Fiji re-exports $763m worth of fuel in 2014

The total value of Fiji’s primary sector exports stood at F$1.3 billion in 2014, with fuel exports being a surprise inclusion in the top list. The Pacific Islands Trade 2010-14 Report listed Fiji’s top five merchandise exports for 2014 as: fuel – F$763 million fish – F$388 million beverages – F$266 million sugar – $250 million electrical items – F$169 million The fuel […]

Staff Writers

February 3, 2016 3:30 pm

The total value of Fiji’s primary sector exports stood at F$1.3 billion in 2014, with fuel exports being a surprise inclusion in the top list.

The Pacific Islands Trade 2010-14 Report listed Fiji’s top five merchandise exports for 2014 as:

  • fuel – F$763 million
  • fish – F$388 million
  • beverages – F$266 million
  • sugar – $250 million
  • electrical items – F$169 million

The fuel exports appeared to be re-exports and were mostly sold to ships’ stores and bunkers. The fuel exports were also going to other Pacific Island nations.

Fiji’s top five total merchandise export markets in 2014 were USA, Australia, UK, Japan and China.

The total value of Fiji’s primary sector exports stood at F$1.3 billion in 2014 or 46% of the country’s total export value for the year.

graph

A comprehensive Pacific Islands Trade Report was launched by the Pacific Community (SPC) and the European Union in Suva today.

The report used International Trade Centre data to illustrate the main primary sector export products from 15 Pacific Island countries, the main export markets for these products and whether they are growing or declining.

Fiji shined as an example for other Pacific Island countries to follow, accounting for 96% of all regional exports.

The report was launched by the Pacific Community Director-General, Dr Colin Tukuitonga, the European Union Ambassador to the Pacific, H.E. Andrew Jacobs, and Fiji’s Trade Commissioner to Papua New Guinea, Mr. Navitalai Tuivuniwai.

Members of the diplomatic corps, leading trade organizations and development partners also attended the event.

The Pacific Islands Trade Report was produced by the European Union-funded Increasing Agricultural Commodity Trade project, implemented by SPC.

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