Fiji Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in fiji, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
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Investment Climate Statement (ICS)
Last published date:

The U.S. Department of State’s Investment Climate Statements provide information on the business climates of more than 170 economies and are prepared by economic officers stationed in embassies and posts around the world.  They analyze a variety of economies that are or could be markets for U.S. businesses.  The Investment Climate Statements are also references for working with partner governments to create enabling business environments that are not only economically sound, but address issues of labor, human rights, responsible business conduct, and steps taken to combat corruption.  The reports cover topics including Openness to Investment, Legal and Regulatory Systems, Protection of Real and Intellectual Property Rights, Financial Sector, State-Owned Enterprises, Responsible Business Conduct, and Corruption.

Executive Summary

Fiji has traditionally been the economic, transportation, and academic hub of the South Pacific islands.  The economy is experiencing a strong recovery and rebound after the sharp contraction caused by the COVID-19 pandemic.  The recovery is driven by the return of tourism and increased consumption spending.  Following an estimated growth of 15.6 percent in 2022, the economy is estimated to expand by 6 percent in 2023.  The government anticipates that the economy will rebound to a pre-pandemic level by 2024, but its outlook is vulnerable to continuing geopolitical tensions, threats of natural disaster, and the government’s large public debt.  As of July 2022, the public debt exceeded 90 percent of Fiji’s GDP.  The government welcomes foreign investment and parliament passed the Investment Act 2021 to improve the ease of doing business in Fiji.  Investment activity improved in 2022 and is expected to pick up following the peaceful transition of government after general elections were held in 2022.  U.S. exports to Fiji totaled over $64 million in 2022.  The United States is Fiji’s top export market.  In 2022, U.S. consumers bought over $288 million in Fijian goods and services.

Fiji has trade and investment potential and offers incentives to encourage investments in agriculture, residential housing development, energy, audio and visual, retirement village/aged care facilities, health sector, tourism, manufacturing, and the information communication technology (ICT)/business process outsourcing (BPO) sector.

To access the full text of the 2023 ICS, visit the U.S. Department of State Investment Climate Statements website.

 


 

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Global Business Navigator Chatbot Beta

Welcome to the Global Business Navigator, an artificial intelligence (AI) Chatbot from the International Trade Administration (ITA). This tool, currently in beta version testing, is designed to provide general information on the exporting process and the resources available to assist new and experienced U.S. exporters. The Chatbot, developed using Microsoft’s Azure AI services, is trained on ITA’s export-related content and aims to quickly get users the information they need. The Chatbot is intended to make the benefits of exporting more accessible by understanding non-expert language, idiomatic expressions, and foreign languages.

Limitations

As a beta product, the Chatbot is currently being tested and its responses may occasionally produce inaccurate or incomplete information. The Chatbot is trained to decline out of scope or inappropriate requests. The Chatbot’s knowledge is limited to the public information on the Export Solutions web pages of Trade.gov, which covers a wide range of topics on exporting. While it cannot provide responses specific to a company’s product or a specific foreign market, its reference pages will guide you to other relevant government resources and market research. Always double-check the Chatbot’s responses using the provided references or by visiting the Export Solutions web pages on Trade.gov. Do not use its responses as legal or professional advice. Inaccurate advice from the Chatbot would not be a defense to violating any export rules or regulations.

Privacy

The Chatbot does not collect information about users and does not use the contents of users’ chat history to learn new information. All feedback is anonymous. Please do not enter personally identifiable information (PII), sensitive, or proprietary information into the Chatbot. Your conversations will not be connected to other interactions or accounts with ITA. Conversations with the Chatbot may be reviewed to help ITA improve the tool and address harmful, illegal, or otherwise inappropriate questions.

Translation

The Chatbot supports a wide range of languages. Because the Chatbot is trained in English and responses are translated, you should verify the translation. For example, the Chatbot may have difficulty with acronyms, abbreviations, and nuances in a language other than English.

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