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Economy of Wallis and Futuna
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== Agriculture and industry == The territory's economy is limited to traditional [[subsistence agriculture]], with about 80% of the labor force earning its livelihood from agriculture ([[coconut]]s and vegetables), livestock (mostly pigs), and fishing. Agricultural products include [[breadfruit]], [[yam (vegetable)|yam]]s, [[taro]], bananas, pigs, and goats. Industries include [[copra]], handicrafts, fishing, and lumber. In 2007, US$63 million worth of commodities (foodstuffs, manufactured goods, transportation equipment, fuel, clothing) were imported, primarily from France, Singapore, Australia, and New Zealand, and there were no exports (the previous year, in 2006, exports amounted to US$122,000 and consisted entirely of 19 [[ton]]s of [[trochus]] shells).<ref>{{cite web|url=http://www.ieom.fr/upload/RA2007_WALLIS.pdf |title=Wallis et Futuna en 2007 |author=Institut d'émission d'Outre-Mer (IEOM) |author-link=Institut d'émission d'Outre-Mer|access-date=1 July 2008 |format=PDF |language=fr |url-status=dead |archive-url=https://web.archive.org/web/20080909223705/http://www.ieom.fr/upload/RA2007_WALLIS.pdf |archive-date=9 September 2008 }}</ref> About 4% of the population is employed in government. Revenues come from French government subsidies, licensing of fishing rights to Japan and South Korea, import taxes, and remittances from expatriate workers in New Caledonia, French Polynesia and France.
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