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Fiji records surplus in international trade in services

March 25, 2019 12:01 pm

Fiji’s estimated total exports of services in the December quarter of last year was $817.5m.

This is an increase of $15.4m when compared to a year earlier.

This has been confirmed in the International trade in services statistics for the December quarter and Annual 2018 released by the Fiji Bureau of Statistics.

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This statistic provides information on the value of import and export of services between Fiji and the rest of the world.

Meanwhile, the estimated total imports of services were $410.9m – an increase of $32.8m when compared to a year earlier.

A surplus of $406.6m was recorded, $17.4m less than the surplus of $424m recorded a year earlier.

Fiji recorded a surplus in travel services, government services, manufacturing services and financial services.

However, there was a deficit recorded in insurance services, transportation, other business services, construction, maintenance and repair services, telecommunication, computer and information services, charges for use of intellectual property and personal, cultural and recreational services.

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