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Fiji

Welcome to the price transmission page for Fiji. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Fiji

Historic Warnings per Commodity

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Background information

Fiji is one of the most developed Pacific islands. Its prosperity is based on its natural endowments, namely forests, minerals and fish resources. The economy is driven by two leading industries: tourism and sugar production which remains a major export staple. Even if the latter once increased its productivity over the last years, it suffers from the complete withdrawal of European preference prices by 2017. As a result of increased imports and decreased exports, the trade gap continues to widen.

The agricultural sector employs more than two-thirds of the total workforce and contributes for slightly more than one-tenth of the total GDP; the main crops are sugarcane, coconuts, cassava, rice, sweet potatoes. Yet, 93% of the total cereals domestic consumption is imported in order to fulfill the internal demand.

Overall upper middle-income Fiji enjoys a high degree of human development as displayed by a score of 0.727 on the HDI (2014). The unemployment rate was estimated to average at 8.8% in 2014 and one-third of the population lives in poverty. Yet, hunger does not seem to be a severe issue as confirmed by a score of 8.7 on the GHI (2015). The most important challenge for Fiji´s food security is continuing the transition from subsistence to semi-subsistence farming and commercial agriculture.