The fact that Samoa has a limited number of exports—principally agricultural and timber products—renders its economy extremely vulnerable to weather conditions and market fluctuations. Imports consist chiefly of machinery and equipment, industrial supplies, and foodstuffs. The principal exports include fish, coconut oil and cream, copra, taro, garments, and beer. Foodstuffs and industrial supplies account for about 50% of the country's annual imports.
Samoa exports primarily to the United States, New Zealand, and Germany. Imports originate mainly from New Zealand, Australia, Japan, Fiji, and the United States. Principal trading partners in 1999 (in millions of US dollars) were as follows:
COUNTRY | EXPORTS | IMPORTS | BALANCE |
United States | 12.6 | 13.8 | -1.2 |
New Zealand | 2.1 | 36.7 | -34.6 |
Germany | 1.9 | 3.0 | -1.1 |
Australia | 0.6 | 24.0 | -23.4 |
Fiji | 0.1 | 25-24.9 | |
Japan | n.a. | 17 | n.a. |
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