Trading activities that can be done with Nauru
1. Fishing: Nauru is perfectly located for the fishing industry. There are rich fish stocks around the island and these fish can be exported fresh or processed.
2. Tourism: Nauru is famous for its natural beauty and protected coral reefs. Tourists can visit the island for activities such as diving, swimming, beach holidays, nature walks and cultural tours.
3. Agriculture: Nauru has a tropical climate and fertile soil. Therefore, agricultural products such as fruits, vegetables, grains and flowers can be grown and exported.
4. Minerals: Nauru is mainly known for its phosphate mines. Phosphate is an important raw material used in the fertilizer and chemical industries. Therefore, phosphate mining and export can be an important source of income for Nauru's economy.
5. Educational services: Nauru has a university and the country could become a preferred destination for students from other countries in the region to study. Educational services can be a source of income for the country.
6. Maritime services: Nauru has opportunities to collaborate and provide services in the maritime sector. It can operate in this sector by focusing on services such as port services, ship maintenance and repair, and maritime logistics.
7. Handicrafts: Nauru has potential for local handicraft production. Local handicraft products can be sold to tourists or exported.
8. Aquaculture processing: Nauru can establish aquaculture processing facilities based on its fishing industry. Fish can be processed into products such as frozen products, canned fish and fishmeal and exported.
9. Water supply and treatment: Since Nauru does not have freshwater resources, it could be a potential market for water supply and treatment services. Services such as water supply, water treatment equipment and technology may be offered.
10. Construction and infrastructure: Nauru is a country in need of infrastructure projects. Opportunities may be found for construction companies operating in areas such as road construction, building construction, electrical and plumbing.
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