Oceania > Norfolk Island > Economy

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Agriculture > products Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry
Budget > Expenditures	$4,800,000.00		[159th of 165]
Budget > Revenues	$4,600,000.00		[161st of 166]
Currency	Australian dollar
Economy > Overview Tourism, the primary economic activity, has steadily increased over the years and has brought a level of prosperity unusual among inhabitants of the Pacific islands. The agricultural sector has become self-sufficient in the production of beef, poultry, and eggs.
Exchange rates Australian dollars per US dollar - 1.3598 (2004), 1.5419 (2003), 1.8406 (2002), 1.9334 (2001), 1.7248 (2000)
Exchange rates > Recent years Australian dollars per US dollar - 1.3095 (2005), 1.3598 (2004), 1.5419 (2003), 1.8406 (2002), 1.9334 (2001)
Exchange rates to USD > 2006	1.3285
Exports	$1,500,000.00		[154th of 189]
Exports > Commodities postage stamps, seeds of the Norfolk Island pine and Kentia palm, small quantities of avocados
Exports > Partners Australia, other Pacific island countries, NZ, Asia, Europe
Exports to US	$300,000.00		[192nd of 224]
Fiscal year	1 July - 30 June
Imports	$17,900,000.00		[153rd of 185]
Imports > Partners Australia, other Pacific island countries, NZ, Asia, Europe
Imports from US	$100,000.00		[214th of 224]
Industries tourism, light industry, ready mixed concrete
Trade balance with US	-$200,000.00		[113rd of 224]
Trade with US > US exports of furniture, household goods, etc	0		[188th of 202]
Trade with US > US exports of glassware, chinaware	0		[148th of 169]

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