Economy

February 11, 2009 at 11:58 am Leave a comment

Most of the inhabitants of Wallis and Futuny is farming, fishing or farming of pigs. Main crops: coconut palm tree, tuber crops (yam, kolokazja, cassava), bananas. Unfortunately, large losses to crops causing frequent tropical cyclones, on the coconut palm plantations – the beetles. Only a small percentage of the population (around 1,500 persons) is formally employed, mainly in the public sector. The budget for the vast extent, is based on grants from France (in Paris, the government pays in full, inter alia, health and administration) and transfers of funds of citizens working abroad. Main export goods: dill, products of artistic handicrafts. Major trading partners: New Caledonia, Samoa, Fiji, New Zealand.