Economy of American Samoa
The economy of American Samoa is a traditional Polynesian economy in which more than 90% of the land is communally owned. Economic activity is strongly linked to the United States, with which American Samoa conducts the great bulk of its foreign trade. Tuna fishing and processing plants are the backbone of the private sector, with canned tuna being the primary export. Transfers from the U.S. federal government add substantially to American Samoa's economic well-being. Attempts by the government to develop a larger and broader economy are restrained by Samoa's remote location, its limited transportation, and its devastating hurricanes. Tourism, a developing sector, may be held back by the current financial difficulties in East Asia.
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Economy of American Samoa
The economy of American Samoa is a traditional Polynesian economy in which more than 90% of the land is communally owned. Economic activity is strongly linked to the United States, with which American Samoa conducts the great bulk of its foreign trade. Tuna fishing and processing plants are the backbone of the private sector, with canned tuna being the primary export. Transfers from the U.S. federal government add substantially to American Samoa's economic well-being. Attempts by the government to develop a larger and broader economy are restrained by Samoa's remote location, its limited transportation, and its devastating hurricanes. Tourism, a developing sector, may be held back by the current financial difficulties in East Asia.
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The economy of American Samoa ...... ial difficulties in East Asia.
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Wikipage page ID
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698,794,417
aid
more than $40 million from US in financial support
country
American Samoa
currency
expenses
export-goods
canned tuna 93%
export-partners
Indonesia 70%, Australia 6.7%, Japan 6.7%, Samoa 6.7%
exports
gdp
GDP rank
growth
import-goods
materials for canneries 56%, food 8%, petroleum products 7%, machinery and parts 6%
import-partners
Australia 36.6%, New Zealand 20.3%, South Korea 16.3%, Mauritius 4.9%
imports
industries
tuna canneries , handicrafts
labor
occupations
agriculture 34%, industry 33%, services 33%
per capita
revenue
unemployment
year
subject
hypernym
type
comment
The economy of American Samoa ...... ial difficulties in East Asia.
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Economy of American Samoa
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