Tuvalu

Tuvalu is an island-nation in the South Pacific some 3,441 km northeast of Brisbane, Australia, with a total population of approximately 11,342 inhabitants.

The island covers an area of 26 sq. km almost all of which is land, averaging 436 persons per sq. km. Of the total land available 60% or 15.6 sq. km is used for agriculture. Almost 33.3% of the total land available or 8.66 sq. km is covered with forests.

The island’s total GDP is valued at 40 million. The services sector is the island’s largest GDP contributor accounting for 70% of total GDP or 28 million. The services sector is followed by the agricultural sector which accounts for 24.5% or 9.8 million of total GDP and industry which accounts for 5.6% or 2.28 million of total GDP. The island’s total labor force is estimated at 3,615 or 32% of the total population.  

Tuvalu’s main industry is fishing. The island’s main agricultural produce include coconuts; fish and fish based products. The nation’s primary exports are copra and fish.

Tuvalu’s major export partners are the United States 18.2%, Bosnia and Herzegovina 17%, Fiji 14.8%, Nigeria 14.2%, Germany 8.2%, South Africa 5.9%, and Colombia 5.1%.

Its main import partners include Singapore 33.4%, South Korea 11.5%, Australia 10.8%, New Zealand 8%, Fiji 7.5%, Chile 6.1%, South Africa 5%, and Japan 5%.