growstuff
PS. We didn't consume our imports. Generally, we added value to them and made profit from exporting them. What we were actually exporting was our ability to turn useless raw materials into something worth buying.
This little island doesn't have that many resources, so we have to use one of our main resources, which is our education and brains.
We of course consume a lot of imports for home consumption, building materials and food in particular, as for exporting brains, yes a lot of good people leave for pastures new and we have to recruit migrants to replace them, is that good?.

) - however, I don't think it would do the country much good
.