Pacific Economic Monitor - December 2016

For Pacific countries, developing high-value niche products for export such as coffee, vanilla, and chocolate, opens up promising economic opportunities.

This edition of the Pacific Economic Monitor focuses on niche product development. The Pacific is increasingly becoming known worldwide for products such as coffee, chocolate, chili, vanilla, cosmetics, and signature clothing. These products, while produced at low volumes, can fetch premium prices by trading on the unique stories of their development, and exotic local ingredients derived from the pristine Pacific environment. Collective efforts to improve product quality and increased access to trade finance are but two of the ways through which Pacific exporters can harness these opportunities

Source: https://www.adb.org/publications/pacific-economic-monitor-december-2016