Fiji Time: 8:24 AM on Sunday 18 March

Fiji Times Logo

/ Front page / Archives » Article Index

$453m deficit

Manasa Kalouniviti
Thursday, March 01, 2018

IN 2016 Fiji's agricultural trade showed an export deficit of $453 million meaning that our agricultural imports were greater than our exports.

Ministry of Agriculture permanent secretary David Kolitagane made this statement while opening the Exporters' Symposium at the Tanoa Plaza Hotel in Suva yesterday.

"The value of our exports, which includes both crops and livestock was $193m," he said.

Mr Kolitagane said our exports were mainly driven by fresh and chilled commodities such as dalo, ginger, cassava, pawpaw and kava including other value-added products such as coconut oil.

"In the same year we imported $646m worth of commodities like rice, potato, dairy products, fresh and chilled meat and others of which most are for our hotel industries," Mr Kolitagane said.

"The challenge now is for agriculture to increase our non-sugar exports by $100m and reduce import of fruits and vegetables by $80m in 2020."

He said while this may be unrealistic to some people, he believed that everything was possible if we put all our efforts together to find ways and solutions to our problems.

"I believe this symposium supports the initiative of providing that platform for dialogue and better understanding of issues relating to agricultural trade, especially our exports and to find ways to address those trade or market access issues," he said.

Mr Kolitagane said Fiji had one of the lowest tax rates in the world and its incentives were investor-friendly building investor confidence.

"In fact Fiji is already expanding and building new entrepreneurs from our domestic market.

"We are also attracting big players and investors from abroad which is a good sign," he said.

He said he hoped participants had a very productive discussion and he looked forward to their inputs, feedbacks and solutions to problems the agricultural exporters were facing.

The symposium was attended by Fijian agricultural exporters, senior representatives of the NZ and Australian High Commission, invited speakers from New Zealand and Australia, government representatives, stakeholders and members of the media.

Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Code Inward TTs Outward TTs
CAD 0.65100.6320
JPY 53.691350.6913
GBP 0.35690.3489
EUR 0.40560.3936
NZD 0.69210.6591
AUD 0.64290.6179
USD 0.50070.4837



Exchange Rate updated on 16th, March, 2018

Today's Most Read Stories

  1. 'Forced to go'
  2. Man released on strict bail
  3. Speaker orders Nawaikula to withdraw accusation
  4. Former inmates raise concerns
  5. A-G clarifies ownership
  6. Seaweed farming costly for women
  7. Accommodation woes
  8. State to upgrade aging infrastructure
  9. Solar energy project
  10. Lost and found: Missing passports

Top Stories this Week

  1. Sims' 100th game Thursday (15 Mar)
  2. Cessna heroes Monday (12 Mar)
  3. Picking up the pieces Tuesday (13 Mar)
  4. Men urged to marry Thursday (15 Mar)
  5. 'Forced to go' Saturday (17 Mar)
  6. Man to appear in high court for wife's death Monday (12 Mar)
  7. A star in the making Thursday (15 Mar)
  8. Baravilala's ode to Cessna victims Thursday (15 Mar)
  9. The faith Monday (12 Mar)
  10. 7s hunt Tuesday (13 Mar)