Chief Executive Officer (CEO), Geoff Bowmaker, told the Courrier Mail in an interview: “We carry a lot of cargo. Nauru produces nothing so everything has to be imported”.
The South Pacific island's troubled economy, with an unemployment rate of 90%, has a negative trade balance of USD80.5 million in net imports. Prefabricated building parts constitute the bulk of its import basket followed by cars, processed foodstuffs, and consumer electronics.
