Djibouti

Djibouti's economy is primarily focused on port, banking and transport services. Tourism and telecommunications have developed noticeably in recent years.

The main type of agriculture is nomadic and semi—nomadic animal husbandry. Agriculture accounts for 2.8% of GDP. Availability of pastures (11% of territories) promotes the development of animal husbandry.

Crop production is practically non-existent. The area of cultivated land is about 1%. Frequent droughts cause great damage to agriculture.

Djibouti imports about 90% of the food consumed annually. Fishing, extraction of pearls, corals, sponges, evaporation of salt from sea water is developed.

The industry in Djibouti is poorly developed. Mainly food processing plants. A number of large plants are being built, including an oil refinery and a cement plant. The public sector includes power plants, an oil company, transport (partially) and communications, a fertilizer plant and a dairy.

Transport is the most developed branch of the economy. The seaport of Djibouti is one of the most important in the western Indian Ocean. It is a state-owned enterprise with a capacity of 1.5 million tons of dry cargo and 2 million tons of liquid fuel per year. Since 2006, a new deep-water port in Doral with a container terminal has been operating.

Main export trading partners: Ethiopia, Somalia, Qatar, Brazil; import partners: UAE, France, Saudi Arabia, China, Ethiopia.