How is the economy of Cook Islands? Based on the information we have, Cook Islands has a high-income self-governing New Zealand territorial economy; tourism-based activity but diversifying; severely curtailed by COVID-19 pandemic; copra and tropical fruit exporter; Asian Development Bank aid recipient. Key agricultural products in this country include: coconuts, vegetables, papayas, pork, sweet potatoes, tomatoes, fruits, mangoes/guavas, watermelons, eggs (2022).