United States Minor Outlying Islands is a statistical designation defined by the International Organization for Standardization, consist of eight United States insular areas in the Pacific Ocean (Baker Island, Howland Island, Jarvis Island, Johnston Atoll, Kingman Reef, Midway Atoll, Palmyra Atoll, and Wake Island) and one in the Caribbean Sea (Navassa Island).
The economy of the country is dominated by a productive agricultural sector operating largely outside the country, motivating local manufacturers and sellers. Agricultural products, exported abroad, include sweet potatoes, vegetables, corn, coffee and tea, sugarcane, tobacco and tobacco substitutes, cotton, tea, peanuts, rice, water, pigs, cattle, poultry.
The country is surrounded by the ocean, having a large access to the maritime trade connections. The government concentrate all the sources on the development of fishing and maritime navigation. In addition to this, the ocean is the biggest source of fresh seafood. The country exports fresh fish, frozen fish, lobsters, caviar, squid as well as coral calcium for international drugstores.
The trade partners of United States Minor Outlying Islands are Japan, The United States of America, Australia, South Korea and Indonesia.
United States Minor Outlying Islands are considered the developing islands with great international trade potential. The country has established strong trade connections, motivating local businesses to import various types of products. Australia is the third largest trading partner of the country after China and the United States of America.
The Engineering industry is not developed in the country. That is why, the locals have to import large quantities of lifting machinery and agricultural machinery.
The government of the country is focused on establishing of functional roads and sea connections to build up new international relations. A good transportation system is the key for good trade relations with EU, Asian and African countries. For realizing this aim, the country imports construction materials and engineering appliances, machinery and mechanical appliances as well as different wood items.
Despite the fact, that the territory of the country is very small, the country has 8 local and international airports which connect the islands with all corners of the planet. Unfortunately, the country does not have enough resources for building different airspace transport. In such a way, the country imports airplanes and helicopters.
The top import origins are Japan, The United States of America, Australia, South Korea, Indonesia, Malaysia, Philippines and Thailand.
US Customs and Borders Protection
The United States Minor Outlying Islands consist of 11, mostly uninhabited islands in the Pacific (8 islands) and the Caribbean (3 islands) that are considered insular areas of the United States. In other words, they are territories of the United States where the residents do not pay federal taxes and are not represented in the United States federal government. The term is also a statistical designation defined by the 3166-1 code of the International Organization for Standardization, a powerful non-governmental organization whose standards are often adopted by international law, the United Nations, and the US government.
In order to import or export on the territory of the United States Minor Outlying Islands has to follow the Customs Requirements of United States of America.