15 Dec 2008

Fiji exports growth outstripped by imports

4:00 pm on 15 December 2008

Fiji's trade deficit has continued to deteriorate to around 800 million US dollars for the September year.

Fijilive reports this is an increase of 160 million over the same period last year.

The Reserve Bank of Fiji's latest economic review shows an increase in exports to 22 per cent, led by improved earnings from sugar, fish, timber, gold and mineral water.

Imports, on the other hand, grew by 26 per cent.

Its report says the growth was broad based with increases in all import categories.