Stat of the week: the Cook Islands’ trade balance

In December 2024, the Cook Islands recorded a trade deficit of USD -14,954,000, meaning the value of imports far exceeded exports. 

The biggest import category was prepared foodstuffs, beverages, spirits and tobacco, totalling USD 3,055,000—highlighting the importance of imported food and drinks in the local market.

Understanding trade balances helps policymakers identify opportunities to strengthen domestic production, diversify exports, and build greater economic resilience.

More data on the Pacific Data Hub: https://bit.ly/4nqAR02

Pictured, a taro field in the Cook Islands.