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Tuvalu has few Natural Resources or products to export but must import most of the commodities that are needed for everyday life. Their exports of copra and fish generate about $1 million per year and imports cost about $12.9 million per year. They also generate substantial income from leasing their assigned internet domain (.tv); and their largest source of income is the Tuvalu Trust Fund (TTF) an international trust fund established in 1987 by Australia, NZ, and the UK and supported also by Japan and South Korea and from a 1998 fisheries treaty with the US. Although the country is a beautiful island paradise, due to it's remoteness, hosts only 100 to 1000 tourists per year.

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13y ago
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14y ago

Fiji is poor because the lack of funding it receives, the monetary value of their currency and lack the export to other nations but yet getting more imports from other nations.

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Q: Why is Fiji a poor country?
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