Fijivillage
NEWS SPORTS

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
Coca Cola Games 2021
The Coca-Cola Games will be held from the 22nd to the 24th of this ...
2 days ago

Faith-Based Organisations told COVID-19 vaccine cannot be evil
Permanent Secretary for Health, Doctor James Fong has told religious leaders and representatives that the COVID-19 vaccine cannot be ...
13 days ago

Joshua Rahman's $31 million drug trial
Josua Aziz Rahman was allegedly found in possession of 39.5kg of cocaine in Caubati on the 14th of February in ...
20 days ago
FEATURE NEWS
digitalFiji platform and the COVID-19 vaccine registry system are back online – AG
Minister for Communications and Attorney General, Aiyaz Sayed-Khaiyum says more government online services, including the digitalFiji platform and the...
1 hour ago
LATEST NEWS
Fiji Sports Council partners with Health Ministry for COVID-19 vaccination drive
The Fiji Sports Council is working together with the Ministry of Health in becoming one of Suva’s host venues to cater the registration and ...
1 hour ago

Russia’s Sputnik V vaccine approved for use in India
A third coronavirus vaccine has been approved for use in India amid a deadly second wave of infections. BBC News reports Russia's Sputnik V has ...
3 hours ago

The pandemic has ignited generosity in the hearts of those with the means to aid those in-need – Bainimarama
Prime Minister Voreqe Bainimarama says the adversity we have endured and continue to endure has honed our appreciation for the blessings, big and ...
3 hours ago

Muslims begin a month of fasting this morning
Muslims will be beginning their month of fasting from this morning as the moon was sighted last night to indicate the beginning of the holy month of ...
3 hours ago

Police confirm the two Nabua brawls are connected
Police have identified that the brawl that occurred yesterday afternoon in Nabua is connected to the one that occurred on the 3rd of this month and ...
3 hours ago

TOP