June 29, 2010Samoa Economyby EconomyWatch

Export and Import of Samoa, Samoa Foreign Trade

Samoa has experienced a balance of trade as well as balance of payment deficit over various years.

Major exportable items of the country are food items, cocoa, manufactures, and fish. Its exports partners are US, Germany and Australia.

Important importable items of the country are capital goods and food items. For imports the country depends upon the countries such as US, Japan and Australia.

The following diagram shows the level of exports and imports of the country over various years

FOREIGN TRADE

CONCLUSION

The World Bank has undertaken many developmental projects for the country to foster economic development and reducing poverty.

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