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Economy of Papua New Guinea
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==Agriculture, timber, and fish== {{Main|Agriculture in Papua New Guinea}} The agricultural, forestry, and fishing sector accounts for most of the labour force of PNG. Agriculture currently accounts for 25% of GDP and supports more than 80% of the population. Most agriculture is subsistence, while cash crops are exported. The main crops by value are [[coffee]], [[Palm oil|oil]], [[Cocoa bean|cocoa]], [[copra]], [[tea]], [[rubber]], and [[sugar]]. The timber industry was not active in 1998, due to low world prices, but rebounded in 1999. About 40% of the country is covered with timber rich trees, and a domestic woodworking industry has been slow to develop. Fish exports are confined primarily to shrimp, although fishing boats of other nations catch tuna in Papua New Guinea waters under license. Papua New Guinea has the largest [[Yam (vegetable)|yam]] market in Asia.<ref>{{Cite web|date=2018-10-31|title=Papua New Guinea Economic Report|url=https://www.primeadvisorynetwork.com/en/papua-new-guinea-economic-report/|access-date=2020-08-15|website=Prime Advisory Network|language=en-US}}</ref> Papua New Guinea produced in 2021: * 3.0 million tons of [[palm oil]] (7th largest world producer); * 1.8 million tons of [[coconut]] (7th largest world producer); * 1.3 million tons of [[banana]]; * 1.1 million tons of fruits, fresh nes; * 699 thousand tons of [[sweet potato]] (17th largest world producer); * 371 thousand tons of [[Yam (vegetable)|yam]]; * 361 thousand tons of [[root]] and [[tubers]]; * 353 thousand tons of [[sugar cane]]; * 322 thousand tons of [[vegetable]]; * 278 thousand tons of [[taro]]; * 247 thousand tons of [[maize]] (green); * 156 thousand tons of [[cassava]]; * 109 thousand tons of berries nes; * 42 thousand tons of [[coffee]]; * 42 thousand tons of [[Cocoa bean|cocoa]]; In addition to smaller productions of other agricultural products, like [[natural rubber]] (7.7 thousand tons) and [[tea]] (5.5 thousand tons).<ref>{{Cite web|url=https://www.fao.org/faostat/en/|title=FAOSTAT|website=www.fao.org}}</ref>
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