Tag Archives: Kiribati

According to allcountrylist, Kiribati is a small island nation located in the central Pacific Ocean. The country’s economy is heavily reliant on the fishing sector, which accounts for the majority of its gross domestic product (GDP). Agriculture and forestry also contribute significantly to Kiribati’s economy, while tourism and foreign aid are important sources of income. In addition, there are some industries in Kiribati that produce goods and services for domestic consumption. The fishing sector is one of the most important economic activities in Kiribati. It employs about 15% of the population and contributes around 33% to GDP. Fish stocks are abundant throughout the country’s vast exclusive economic zone and include tuna, shrimp, crab, shellfish, octopus, sea cucumber, and other species. Fishing boats from Japan, South Korea and Taiwan come to Kiribati to fish for tuna; this activity provides much-needed foreign exchange for the country. Agriculture is another major economic activity in Kiribati; it employs around 10% of the population and contributes roughly 8% to GDP. The main crops grown include breadfruit, taro root (used to make poi), bananas, sweet potatoes, papayas, coconuts and squash. Livestock farming also plays an important role in agriculture; pigs are raised for meat production while goats are raised for dairy products like cheese or yogurt. Additionally, forestry contributes around 2% to GDP; timber is harvested from forests primarily used for construction purposes while non-timber forest products like honey are also collected from certain areas across the country. Tourism is a growing sector in Kiribati; it brings much needed foreign exchange into the country as well as creates jobs for local communities. Tourists come to explore stunning beaches as well as unique wildlife such as sea turtles or whales which can be seen along coastal areas during certain times of year. Foreign aid also plays a significant role in supporting Kiribati’s economy; it comes from various countries such as Australia or New Zealand who provide assistance with infrastructure projects or capacity building initiatives that help improve access to services such as health care or education throughout rural areas of the country. Finally, there are some industries in Kiribati that produce goods and services such as furniture manufacturing or food processing; these activities employ a small portion of people but still contribute significantly to GDP growth by providing essential goods and services within local communities across the nation. The history of Kiribati agriculture dates back centuries to when the first settlers arrived in the islands. These early settlers brought with them a range of crops such as taro, coconut, banana, and pandanus which they cultivated in small gardens close to their homes. They also kept chickens, pigs, and goats for food and traded with other islanders for fish and seafood. In the 19th century, foreign traders began to visit Kiribati and introduced new crops such as sugar cane, sweet potatoes, and citrus fruits. These new crops allowed for increased food production which helped feed the growing population. In addition to this, fishing became an important part of everyday life with people using traditional methods such as trolling or line fishing to catch a variety of fish species. Today, Kiribati continues to rely heavily on subsistence farming with most households having small gardens where they grow staple crops such as taro and bananas as well as vegetables like pumpkin and sweet potato. Livestock husbandry is also an important part of agriculture in Kiribati with chickens being the most commonly kept animals for both their meat and eggs. The main export crop from Kiribati is copra (dried coconut) which is used in a variety of different products including cosmetics and soaps. Despite facing challenges from climate change in recent years, Kiribati remains an important producer of food both domestically as well as internationally. Check topmbadirectory for how to get to Kiribati.