Fijivillage
NEWS SPORTS
4 March, 2021, 12:14 am Central - 24°C Clouds

Trade between Fiji and USA in 2018 was worth $510.4M - Kumar

Trade between Fiji and USA in 2018 was worth $510.4M - Kumar

By Lena Reece
Friday 10/05/2019
Minister for Industry and Trade, Premila Kumar

The total value of US investment projects implemented in Fiji from 2012 until 2018 was $366.8 million which created a total of 2,833 jobs for Fijians.

This was highlighted by the Minister for Industry and Trade, Premila Kumar while speaking at the Fiji and USA Business Council AGM at Peninsula.

Kumar says the US has been among the top five principal trading partners and has been Fiji's number one export destination for the past five years.

She highlighted that the two-way trade between the two countries was worth $510.4 million in 2018 that emphasized the importance of the US market for Fijians.


Premila Kumar and the executive members of the Fiji and USA Business Council

Kumar says that Fijian products such as bottled water, tuna, sugar, taro, ginger and pre‑packed food items have already entered the US market adding that tremendous amount of potential exists to further expand the products exported.

She also highlighted that products that are eligible for duty‑free treatment under the scheme include manufactured items, chemicals, minerals and building stone, jewellery and certain agricultural and fisheries products.

Kumar also revealed that a major success story is the export of Fijian Kava to the US market, which has increased by over 400% since 2015 adding that the US also the largest market for Fijian Kava exports.

Kumar also reiterated that in 2018 alone, a total of 870,309 visitors visited Fiji, out of which 86,075 were US visitors which  is our third largest source market.

ADVERTISEMENT

MH Moneygram
MH Online Shopping Banner

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
USP Vice Chancellor deportation
The President of the University of the South Pacific Staff Association, Elizabeth Fong says they have received confirmation that USP Vice-Chancellor, ...
27 days ago

Tropical Cyclone Ana
Tropical Cyclone Ana was upgraded to a Category 3 system on February 1st.
31 days ago

Drug and substance abuse in Fiji
Substance abuse including marijuana cases are on the rise amongst students in schools during the COVID-19 period, and urgent action is required.
70 days ago
FEATURE NEWS
International travel, pick up in tourism activity locally and revenue support by govt in budget can help in economic recovery - RBF
The Reserve Bank of Fiji says resumption of international travel and the pick-up in tourism activity locally, along with the level of revenue support ...
7 hours ago
LATEST NEWS
4 new border quarantine cases of COVID-19 in Fiji
There are four new border quarantine cases of COVID-19 in Fiji. The first two cases are a 42-year-old woman and a 35-year-old man who arrived in ...
7 hours ago

New opportunities open up for Nakavika Village with the launch of Vodafone’s community Wifi
61 families in Nakavika village will no longer need to travel to Suva or to Namosi Secondary School to access internet services after Vodafone Fiji ...
7 hours ago

Nadi-based band Ouvacast still pushing through
Nadi-based band Ouvacast is determined to keep pushing through despite the dire financial situation being faced by many people in the Western ...
7 hours ago

Mother of 4 suffering from rare kidney can now pay for 7 months of medical expenses
There is some good news for a mother of four who is suffering from a rare kidney disease as she can now afford to pay for her treatment for up to ...
7 hours ago

Job vacancies continue to decline, govt revenue down by $557 million compared to last year while govt debt is $6.86 billion
Fiji is continuing to grapple with the economic downturn and effects of COVID-19 as the latest Reserve Bank of Fiji economic review says job ...
7 hours ago

TOP