Marshall Islands

The Republic of the Marshall Islands (RMI), with a total land area of only 181.5 km² distributed over 33 coral atolls, is positioned at the extreme of Micronesia. Coconut is the main crop, with copra (dried coconut) as main cash crop, followed by breadfruit, pandanus, banana, taro and arrowroot. There is a strong cash economy on Majuro and Ebeye, while a subsistence economy prevails on the outer islands. The Marshall Islands is heavily reliant on imports and has a large trade deficit. Food imports currently represent about 30% of the total value of the RMI’s national import bill. Tuna fishing by foreign vessels in Marshall Island waters is a source of revenue.

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