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Vanuatu

This South Pacific island economy is based primarily on small-scale agriculture, which provides a living for over 70% of the population. Fishing, offshore financial services, and tourism, with nearly 197,000 visitors in 2008, are other mainstays of the economy. Mineral deposits are negligible; the country has no known petroleum deposits. A small light industry sector caters to the local market. Tax revenues come mainly from import duties. Economic development is hindered by dependence on relatively few commodity exports, vulnerability to natural disasters, and long distances from main markets and between constitu...  More..

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Economy of Vanuatu
SOURCE: CIA - The World Factbook
Currency Vanuatu Vatu
GDP (PPP) $1.041 billion (2009 est.)
GDP (per capita) $4,800 (2009 est.)
Exports $40 million (2006)
Imports $156 million (2006)
Main Industries Food and Fish Freezing, Wood Processing, Meat Canning
Exports - Commodities Copra, Beef, Cocoa, Timber, Kava, Coffee
Imports - Commodities Machinery and Equipment, Foodstuffs, Fuels
Exports Partners Thailand 82.6%, Japan 5.9%, Belgium 1.8% (2008)
Imports Partners Australia 17.9%, US 16.2%, Japan 12.2%, Singapore 11%, China 8.7%, NZ 7.6%, Fiji 6.8% (2008)

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