Wealth and poverty
Niue’s economy suffers from the typical Pacific Island problems of geographic isolation, few resources, and a small population. Fishing licences and the international lease of Niue’s unique four-digit telephone numbers are important income earners for the country. Many are dependent on remittances sent from family living abroad and New Zealand provides substantial economic and administrative assistance.
Education and work
Education is free and compulsory until the age of 14 and literacy is 100%. The government employs 400 people but most Niueans also work on family farms.
Industries and products
The agricultural sector consists mainly of subsistence farming, although some cash crops are grown for export. Other agricultural products are coconuts, passionfruit, honey, limes, taro, yams, cassava (tapioca), sweet potatoes, pigs, poultry and beef cattle.
There are some small factories processing passionfruit, lime oil, honey and coconut cream. Other industries include tourism and handicrafts.
Export commodities are canned coconut cream, copra, honey, vanilla, passionfruit products, pawpaw, root crops, limes, footballs, stamps and handicrafts.
Import commodities are food, live animals, manufactured goods, machinery, fuels, lubricants, chemicals and medicines. New Zealand is the main trading partner (95.5%) with other partners including Japan, China and Australia.