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Last updated : Nov 2009
 
Fiji Business
Fiji Business Overview - TravelPuppy.com
Gross Domestic Products: US $5.17 billion.

The Main imports: Manufactured goods, petroleum, machinery and transport equipment, foodstuff and chemicals.

The Main exports:
Sugar, fish, gold, garments, timber, molasses and cocoa oil.

The Main trade partners: New Zealand, Australia, Singapore, United States of America, United Kingdom, Samoa and Japan.

Economy

The Fijian economy has an ample subsistence agricultural economy as well as producing cash crops, of which sugar is the most important. In 2002, the Government began a wholesale reorganisation of the state owned sugar monopoly, which was close to disintegrate through years of inefficiency and the state of the world sugar market.

Fish and timber, especially mahogany (of which Fiji is the world’s 2nd largest producer) are also vital export earners. The industrial sector develops low grade copper deposits. There are also numerous light industrial enterprises producing goods such as flour, furniture, paint, cement, cigarettes, biscuits, nails, barbed wire, matches and footwear, mainly for domestic consumption.

Tourism is the main service industry, and was severely affected by recent political upheavals, although visitors are steadily returning. Foreign trade and investment have both declined, while several ethnic Indian members of the business community have left the country. Gross Domestic Products growth in 2002 was 4.8 %. More recently, closer economic relations have been forged with other Asian countries, including China, Korea (Republic) and Taiwan.

Business

Lightweight or tropical suits are acceptable for business in Fiji.

General office hours are Monday to Friday 8.30 am to 4.30 pm / 5.00 pm (some offices close 1 hour earlier on Fridays).

Commercial Information

Suva Chamber of Commerce

Address: PO Box 337, Suva, Fiji

Telephone: 338 0975.