Life in Marshall Islands

Economic culture of Marshall Islands

Among Marshall Islands’ industries include banking and insurance, wholesale & retail trade and copra processing. However, in terms of the country’s agricultural output, copra is considered to be Marshall Islands’ main cash crop. Moreover, fishing exports also contributes a substantial effect on the country’s growing economy as the food and raising livestock continues to grow. However, Marshall Islands also monetized their rich coastal waters by selling fishing rights to other countries.