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Samoa B2B Marketplace


Samoa has been devoted to maintaining an attractive atmosphere for both local and foreign investments for the past 15 years by introducing reforms to reduce tariffs, restructure Samoa’s tax system, and offer favourable exchange rates. The economic and political environment of the country has been wholly stable as compared to other countries in the region. Samoa’s many economically appealing indicators such as healthy foreign reserves, low labour costs, sustained economic growth and low inflation rates have made it internationally successful in the business world.

Tourism, fisheries, food processing, mining and engineering are developing briskly in the country. The major exports of the country in 2017 were led by Frozen Fish and Refined Petroleum. Samoa’s economic income comes in mainly by fishing and agriculture, but the tourism industry has been flourishing greatly of late due to Samoa’s diverse scenic attractions and beautiful beaches. The tourism infrastructure includes modern hotels to local guest houses and beach huts, a diverse range of attractions, an international airport, seaports that harbours a multitude of cruise and tour ships, and a modern road network. Samoan fisheries are now focusing on sustainable fishery; harvesting, transporting and breeding different kinds of fishes in a controlled environment to protect against unnecessary culling. The engineering sector includes all types of manufacturing and related services for metal fabrication, plastic, boat building, and timber as well as the production and maintenance and servicing of machinery for these sectors. Food processing is also a big part of Samoa’s exports with many business opportunities in the processing of local goods, such as fish, coconut products, cigarettes and beer.

Samoa is ranked 98th among 190 countries worldwide based on ease of doing business, according to the latest World Bank annual ratings. Doing business in Samoa will grant Samoan manufacturers and suppliers access to trade agreements with the likes of the United States of America, Canada, Japan, Australia, New Zealand, SPARTECA, ACP-EU, EPA, PICTA and more. Additionally, Samoa is a member of the World Trade Organization as well and offers relatively low corporate & income taxes for companies. The workforce is highly productive, industrially adaptable and capable of communicating well in English.

In 2017, Samoa exported $65.5M and imported $399M worth of goods and services. The GDP grew steadily to $860M in 2018 from a strong $840M in 2017. The services sector accounted for 66% of GDP, followed by industry and agriculture at 23.6% and 10.4%, respectively in 2017. The last five years have seen Samoan exports have increased at an annualized rate of 2.9%, from $60.1M in 2012 to $65.5M in 2017. If you want to explore business opportunities in Samoa, a hidden gem of the business world, ExportHub is a renowned B2B platform in Samoa which can help you find the best importers, manufacturers and suppliers for your needs.
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