Net trade in goods in Fiji
Fiji: Net trade in goods was -1.73 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Fiji, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Fiji stood at -1.73 billion BoP, current US$.
That represents a change of up 2.8% on the previous year and down 67.9% over ten years.
Over the whole period, net trade in goods in Fiji peaked at 3.46 million BoP, current US$ in 1987 and was at its lowest, -1.78 billion BoP, current US$, in 2023.
That places Fiji 122nd out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -142.46 million BoP, current US$ | -142.46 million BoP, current US$ | -142.46 million BoP, current US$ | 1 |
| 1980s | -119.07 million BoP, current US$ | -230.34 million BoP, current US$ | 3.46 million BoP, current US$ | 10 |
| 1990s | -210.72 million BoP, current US$ | -283.24 million BoP, current US$ | -115.56 million BoP, current US$ | 10 |
| 2000s | -601.90 million BoP, current US$ | -1.08 billion BoP, current US$ | -232.91 million BoP, current US$ | 10 |
| 2010s | -1.03 billion BoP, current US$ | -1.39 billion BoP, current US$ | -738.75 million BoP, current US$ | 10 |
| 2020s | -1.33 billion BoP, current US$ | -1.78 billion BoP, current US$ | -651.94 million BoP, current US$ | 5 |
Countries ranked near Fiji
- 119 Cayman Islands -1.51 billion BoP, current US$ compare
- 120 Madagascar -1.59 billion BoP, current US$ compare
- 121 Andorra -1.70 billion BoP, current US$ compare
- 123 Hong Kong -1.98 billion BoP, current US$ compare
- 124 Malawi -2.00 billion BoP, current US$ compare
- 125 Paraguay -2.07 billion BoP, current US$ compare
More economy & growth data for Fiji
- Gross national expenditure 110.2% (2024)
- Households and NPISHs final consumption expenditure 70.4% (2024)
- Final consumption expenditure 5.33 billion current US$ (2024)
- Final consumption expenditure 12.09 billion current LCU (2024)
- Final consumption expenditure 89.3% (2024)
- Gross national expenditure 6.57 billion current US$ (2024)
- Gross national expenditure 14.91 billion current LCU (2024)
- Gross fixed capital formation 2.72 billion current LCU (2024)
- Gross fixed capital formation 1.20 billion current US$ (2024)
- Exports of goods and services 54.4% (2024)
Frequently asked questions
- What is net trade in goods in Fiji?
- Net trade in goods in Fiji was -1.73 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Fiji?
- The highest recorded value was 3.46 million BoP, current US$ in 1987.
- What is the lowest net trade in goods recorded in Fiji?
- The lowest recorded value was -1.78 billion BoP, current US$ in 2023.
- How does Fiji rank for net trade in goods?
- Fiji ranks 122nd out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Fiji?
- Over the last ten years it is down 67.9%. The long-run trend across the full record is volatile.
- Where does this Fiji data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.