Fiji: Net trade in goods and services (current US$, BoP)

Key figures

What the numbers say

In 2024, Fiji's net trade in goods and services (current US$, BoP) rose US$13.54 million on 2023 (from −US$617.81 million to −US$604.27 million).

Across the 30 yearly changes before that (1994 to 2023), the average change was −US$16.53 million and a typical year strayed about US$162.04 million from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$346.12 million in 2023 and the biggest yearly fall was US$407.86 million in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is downward, about US$70.5 million a year. A straight line explains 68% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Fiji had the 15th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Fiji in the 2024 ranking

• Liberia — 11th of 29: −US$412.27 million
• Burkina Faso — 12th of 29: −US$547.37 million
• Bhutan — 13th of 29: −US$564.35 million
• Tanzania — 15th of 29: −US$1.02 billion
• Niger — 16th of 29: −US$1.27 billion
• Mali — 17th of 29: −US$1.29 billion

What this measures

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.

All 46 values

Net trade in goods and services (current US$, BoP) in nearby economies

• Australia — US$4.58 billion (2025)
• Brunei Darussalam — US$2.94 billion (2025)
• Cambodia — −US$3.44 billion (2025)
• China — US$822.44 billion (2025)
• French Polynesia — −US$670.14 million (2016)
• Hong Kong SAR, China — US$12.43 billion (2025)
• Indonesia — US$29.65 billion (2025)
• Japan — −US$26.84 billion (2025)
• Kiribati — −US$346.56 million (2025)

More economic policy & debt data for Fiji

• Gross Value Added (GVA) at basic prices (current US$) — US$5.26 billion (2025)
• Gross Value Added (GVA) at basic prices (current LCU) — 12.1 billion (2025)
• Gross Value Added (GVA) at basic prices (constant 2015 US$) — US$4.32 billion (2025)
• Gross Value Added (GVA) at basic prices (constant LCU) — 10.69 billion (2025)
• GDP (current US$) — US$6.2 billion (2025)
• GDP (current LCU) — 14.25 billion (2025)
• GDP (constant 2015 US$) — US$5.69 billion (2025)
• GDP (constant LCU) — 12.59 billion (2025)
• GDP per capita (current US$) — US$6,642 (2025)
• GDP per capita (current LCU) — 15,270 (2025)

Reading data like this

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Questions people ask

What is Fiji's net trade in goods and services (current US$, BoP)?

−US$604.27 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1979?

It is down 943.63% from −US$57.9 million in 1979. The highest value was US$45.24 million in 1988 and the lowest −US$963.92 million in 2022.

How does Fiji rank?

15th highest of 29 economies with data for 2024.

Is the latest change in net trade in goods and services (current US$, BoP) unusual for Fiji?

In 2024, Fiji's net trade in goods and services (current US$, BoP) rose US$13.54 million on 2023 (from −US$617.81 million to −US$604.27 million). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$16.53 million and a typical year strayed about US$162.04 million from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BN.GSR.GNFS.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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