Tokelau Export Data

Tokelau Import/Export Overview and Domestic Market Update

Imports & Exports

• Top Trade Partners: Due to Tokelau's unique status as a territory of New Zealand, most of its trade is conducted with New Zealand and Australia.

• Top 5 Imports: Fuel, food products, construction materials, electrical machinery, and pharmaceuticals. These account for a substantial portion of the total imports due to the territory's limited resources.

• Top 5 Exports: Tokelau has limited exports, primarily consisting of handicrafts, copra, and fish. The exact share is difficult to quantify given the small scale and the reliance on New Zealand for economic activities.

• Trade Balance: Tokelau has a significant trade deficit, largely due to its reliance on imported goods and its small-scale economy.

• Trade Policy: Tokelau's trade is governed largely by New Zealand's policies, which provide a framework for imports and exports, focusing on sustainability and economic integration within the Pacific region.

Domestic Market

• Consumer Spending: Consumer spending in Tokelau is primarily on imported goods and services, reflecting the territory's needs for basic supplies and infrastructure development.

• Inflation & Interest Rates: Tokelau uses the New Zealand dollar, and its inflation and interest rates are influenced by New Zealand's economic policies, which aim to maintain price stability.

• Supply Chain: The supply chain in Tokelau is heavily dependent on shipping schedules and international logistics, which can be affected by weather and global shipping disruptions.

• Industry Performance: The main sectors include fishing, tourism, and handicrafts. Efforts are being made to develop sustainable energy and improve digital connectivity to support these industries.

Overall Outlook

Tokelau's economy, while facing challenges due to its remote location and dependency on imports, is supported by New Zealand and the international community. Initiatives focused on sustainability and economic diversification are key to its future growth.