FIJI is actively pursuing trade opportunities with Tonga, focusing on a range of sectors, including premium seafood, agricultural products, and niche manufactured goods. Deputy Prime Minister and Minister for Trade Manoa Kamikamica made this announcement during a recent Business to Business (B2B) networking event in Nukualofa, Tonga.
On his mission to enhance economic connections between the two nations, Mr. Kamikamica highlighted the long-standing historical ties that Fiji and Tonga share, which include trade and cultural links evident in the customs of the people. Fiji exported over $161 million worth of goods to Tonga last year, solidifying Tonga’s position as Fiji’s largest export market in the Pacific.
The ambitious goal of the Fiji-Tonga business mission is to boost Fiji’s share of Tonga’s total imports from 27 percent to 35 percent in the next three years, equating to an estimated export value of $215 million by 2027. Significant potential exists for Fiji to increase its sugar exports, as it currently supplies only a small proportion of Tonga’s annual sugar imports valued at over $3.7 million.
Mr. Kamikamica also invited Tongan businesses to explore the growing consumer market in Fiji, emphasizing that the nation is keen to expand trade partnerships. Notable Fijian companies involved in this mission include Punjas, Goodman Fielder, Tropik Woods, and Paradise Technologies, showcasing a robust representation of Fiji’s diverse business landscape.
This initiative reflects broader efforts to strengthen ties between Fiji and Tonga, and underscores a shared commitment to enhancing economic resilience and cooperation in the Pacific region. The collaborative spirit demonstrated in this mission bodes well for future growth and mutual benefit, ultimately fostering more robust economic prospects for both nations.
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