Share this credible answer with others. Simply paste this code into your blog or Web page:
Although East Timor, whose economy is largely agricultural, was one of the world's poorest nations at independence, it has offshore oil and gas fields in the Timor Gap off East Timor's southern coast that are under development and have begun to produce revenue. Nonetheless, unemployment, estimated at 50%, remains a significant problem. Coffee (the main export), rice, corn, cassava, sweet potatoes, soybeans, cabbage, mangoes, bananas, and vanilla orchids are grown, and stretches of grassland support cattle. Industry is limited to printing, light manufacturing, and the production of handicrafts and woven cloth. Coffee, sandalwood, and marble are among East Timor's exports, and food, gasoline, kerosene, and machinery are imported. Most trade is with Indonesia, although natural gas is piped to Australia.
|
Answer verified with
|
HighBeam gives you access to newspaper, magazine, and trade journal articles plus press releases, facts, information, and biographies from thousands of sources.