Trade flows between Fiji and China flourishing - Kumar

Trade flows between Fiji and China flourishing - Kumar

By Pratika Mala
Friday 26/04/2019

Trade flows between Fiji and China have been flourishing in recent years and over the past five years, average exports to China have totaled $108.6 million whilst imports have averaged $742.7 million.

This was highlighted by the Minister for Industry and Trade, Premila Kumar while speaking at the Macau‑Fiji Chamber of Commerce in China.

Kumar revealed that the total two‑way trade between Fiji and China reached its peak in 2018, amounting to $1.05 billion.

She also highlighted that a total of 277 Chinese investment projects were successfully implemented over the last five‑years with a worth of approximately F$2.36 billion.

The Minister says that in recent years, China has become Fiji’s most rapidly growing market and the Chinese annual arrivals in Fiji in the past five years, have grown from 28,333 in 2014 to 49,271 in 2018, registering an increase of around 74 percent.

Kumar emphasized that the Ministry of Industry, Trade and Tourism, in collaboration with Fiji’s Consulate General/Trade Commission in Shanghai, will redouble efforts to bring more Fijian made products and services to mainland China, Macau and Hong Kong markets.

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