Economy of Oceania

On a total scale, Oceania has approximately 34,700,201[1] inhabitants who are spread among 30,000 islands [citation needed] in the South Pacific bordered between Asia and the Americas.

The smallest Pacific nations rely on trade with Australia, New Zealand and the United States for exporting goods and for accessing other products.

The majority of people living in Australia, and to a lesser extent, New Zealand work in mining, electrical and manufacturing sectors also.

Australia boasts the largest amount of manufacturing in the region, producing cars, electrical equipment, machinery and clothes.

Oceania's largest export markets include Japan, China, the United States, India, South Korea and the European Union.

In the Solomon Islands 50% of government spending is paid for by international donors; namely Australia, New Zealand, the European Union, Japan and the Republic of China (Taiwan).

The skyline of the Sydney central business district in Australia. Sydney is the most populous city in Oceania and is one of Oceania's only two Alpha world cities .
The skyline of the Auckland Central Business District in New Zealand. Auckland is the fifth populous city in Oceania and most populous city in New Zealand.
The downtown area of Port Moresby , the capital of Papua New Guinea. Port Moresby is the most populous Oceanian city outside of Australia and New Zealand.