Big Improvement
p. 138 · Read in the full issue
In Fiji's Trade Balance
Fiji in 1962 showed a spectacular improvement in the visible balance of trade, with the excess of imports over exports dropping to £1,600,000, compared with the 1961 adverse balance of £4,100,000. Increased ex ports were the reason for the better showing, as imports remained at almost the same level as 1961.
THE total exports (domestic and re-exports) were a record (£15,745,676), beating the previous highest figure of £15,714,399 in 1957. Greatest improvement was in sugar exports which rose by £2,500,000 in value to £8,482,000.
Other main exports tended to fall in quantity and value, but re-exports rose, largely because of an increase of about £300,000 in aircraft fuels.
