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Home > Country Profile > Marshal Islands Economy

Marshal Islands Economy

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PEOPLE OF MARSHAL ISLANDS

The total population of the country is 65,000. The Micronesian people rule the major portion of the country's population. They inhabited this island in the prehistoric era. Though English, Marshalllese, Japanese are the languages spoken in this country. Marshalllese is mostly spoken all over the land.

ART, CULTURE AND MUSIC OF MARSHAL ISLANDS

•  Art: The people of Marshall Islands practice the art of building canoe and proa. These are a kind of boat of small size. Some local handicrafts such as weaving, woodcarvings, shells, fishing gear, traditional boats also exist in the various regions of this Republic.

•  Culture: In Marshall Islands primarily the Micronesian culture is found. However some of the Spanish traditions have also been accepted in this country's culture. Some music forms and dance forms are derived from those Spanish folks.

•  Music: The music of Marshall Islands is very rich and diverse. Among the various forma the most popular is the “roro”. It is traditional chant, performed during the time of navigation. It gives strength. Along with music, some dance forms are also very popular in this country. These traditional forms are “beet”, “jurbak” etc. “Beet” is a dance that originated from the Spanish folk dance. It includes men and women together. Then the “jurbak” is dance especially for the occasion of Christmas. Besides these a stick dance also exist in Marshall Islands.

FLAG OF MARSHAL ISLANDS

A flag of nation is of high importance and great value. It represents the nation's individuality. Republic of Marshal Islands has a very beautiful flag. This is rectangular in shape and has total three colors in it. The base color of the flags is blue. However the blue part is bifurcated by two adjoining stripes that are stretched from the left bottom corner (hoist side) to the right top corner (fly side). The upper stripe is colored in orange and the stripe below that is colored in white. In the upper portion of the hoist side of the flags there is a star is featured. This star radiates four prominent big rays along with 20 very little rays. The star lies in the upper section of the flag above the stripes.

ECONOMY OF MARSHAL ISLANDS

Republic of Marshal Islands has an economy system that is partially dependent on farming and agriculture. The primary agricultural products are breadfruit, tomatoes, coconuts, melons, taro and some other fruits. In this country some industries are growing rapidly. These are tuna processing industry, copra industry, tourism industry, craft items from seashells, wood carving industry, pearls industry etc. a big part of the country's revenue depends on the export business. The materials that are mainly exported to the foreign states are coconut oil, handicrafts, copra cake, fish, breadfruit and so on. In this export trade the nations that are partners of Marshal Islands are Japan, U.S., China, New Zealand, Australia, Fiji, Singapore, and Philippines.

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