Puntland is a Federal Member State in northeastern Somalia. The Administrative Capital is Garowe in the Nugal region, and its leaders declared the territory an autonomous state in 1998.
Puntland is bordered by Somaliland to its west, the Gulf of Aden in the north, the Guardafui Channel in the northeast, the Indian Ocean in the southeast, the central Galmudug region in the south, and Ethiopia in the southwest.
Puntland has 1,600 km (990 mi) of coastline, which is abundant with fish and other natural marine resources. Additional economic products and activities of the region include livestock, frankincense, myrrh, gum Arabic, manufacturing and agriculture. Agricultural products such as mangoes, bananas, guavas, lemons, sugarcanes, and peanuts are grown on plantations around the state.
The State economy is largely dependent on livestock exports which contribute to approximately 80% of foreign exchange earnings, constitutes 40% of GDP and 60% of employment opportunities. Despite the economic importance of the sector pastoralist survive in very difficult and fragile conditions characterized by the prevailing dry season and recurrent drought every five years.
