Data loading...

Strong Increase Of Fiji Loins Exports To USA

Fiji has maintained exports to the US despite the global financial crisis and other Pacific Island Countries recording huge decrease.

Fiji’s main exports to the US - tuna loins, mineral water and fish increased by 0.2 percent to US$31.7 million.

Fiji’s Trade Commissioner to the USA - Ilisoni Vuidreketi, says they are very happy to note the small increase by Fiji at a time when others, unfortunately, have recorded huge declines.

Exports from Pacific Island countries to the USA plummeted 43 percent in the first quarter 2009 Vuidreketi says the recent devaluation of the Fiji dollar has instantly made Fiji exports 20 percent cheaper and more attractive.

A market survey conducted by the Fiji Trade Commission found that during the six months October 2008 to March 2009, a lot of retails shops that carry Pacific island produce have shut down as overall consumer demand declined due to the increasing unemployment in the USA.

Vuidreketi says they expect these challenges to continue to the 3rd quarter 2009 as U.S. consumers become more price sensitive and conservative.

Fiji’s main exports to the USA this quarter were tuna loins (US$14.8 million – 26 percent growth), mineral water (US$8.8 million – 29 percent drop), fresh/frozen fish (US$2.3 million – 10 percent growth), Timber/mahogany (US$1.1 million – 8 percent growth), Taro, Cassava and agro produce (US$458,000 – 24 percent drop).