Fiji’s Ministry of Finance states the imposition of a 32% across the board tariff on Fijian exports into USA is disproportionate and unfair.
The Ministry said this is due to the fact 96% of US imports into Fiji attract either zero duty or just 5%.
“We are still trying to get more details on the exact rationale and application of the newly announced retaliatory tariff by the U.S and will work with our key stakeholders and U.S counterparts to get this,” the Ministry stated.
“The United States (US) is an important trade partner for Fiji, accounting for around 10% of total trade (exports and imports).”
“The U.S is also an important source market for Fiji’s tourism (10%), remittances inflows (approx. 30%) and a key development partner for the last many decades.”
The Ministry states Fiji’s exports to the U.S were just below F$500m (US$250 million) for the past 3 years while imports grew from $190m (US$95 million) in 2022 to $425m (US$212.5 million) in 2024.
“Fiji’s major exports to the US includes mineral water, kava, fish products, sugar confectionary and wood artefacts.”
“Major imports from the US includes, medical equipment’s, aircraft parts, machinery and electrical equipment,” the government said.