Australia (AUS) and Micronesia (FSM) Trade | OEC - The Observatory of Economic Complexity

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Australia-Micronesia In 2021, Australia exported $4.27M to Micronesia. The main products that Australia exported to Micronesia are Other Prepared Meat ($1.43M), Oscilloscopes ($566k), and Medical Instruments ($517k). During the last 26 years the exports of Australia to Micronesia have decreased at an annualized rate of 1.04%, from $5.59M in 1995 to $4.27M in 2021.

In 2021, Australia did not export any services to Micronesia.

Micronesia-Australia In 2021, Micronesia exported $43.1k to Australia. The main products that Micronesia exported to Australia were Broadcasting Equipment ($17.9k), Non-Knit Women's Suits ($6.78k), and Computers ($4.27k). During the last 26 years the exports of Micronesia to Australia have increased at an annualized rate of 7.77%, from $6.17k in 1995 to $43.1k in 2021.

In 2021, Micronesia did not export any services to Australia.

Comparison In 2021, Australia ranked 82 in the Economic Complexity Index (ECI -0.41), and 20 in total exports ($343B). That same year, Micronesia ranked 187 in total exports ($179M), and does not have data regarding Economic Complexity Index.

Latest Trends

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About

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Overview In N/A, Australia exported AUDN/A and imported AUDN/A from Micronesia, resulting in a N/A trade balance of AUDN/A. Between N/A and N/A the exports of Australia have N/A by AUDN/A (N/A) from AUDN/A to AUDN/A, while imports N/A by AUDN/A (N/A) from AUDN/A to AUDN/A.

Origins In N/A the exports of Australia were mainly from N/A, while imports destinations were mainly N/A.

Latest Trade

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Flow

Time Scale

Depth

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This section shows exports and imports data at subnational level for Australia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Australia over time.

To check Micronesia and Australia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Micronesia and Australia Data

Disclaimer: Australia reports partners and products from different sources so datasets total trade value may vary from each other.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2021, Australia exported $4.27M to Micronesia. The main products exported from Australia to Micronesia were Other Prepared Meat ($1.43M), Oscilloscopes ($566k), and Medical Instruments ($517k). During the last 26 years the exports of Australia to Micronesia have decreased at an annualized rate of 1.04%, from $5.59M in 1995 to $4.27M in 2021.

In 2021, Micronesia exported $43.1k to Australia. The main products exported from Micronesia to Australia were Broadcasting Equipment ($17.9k), Non-Knit Women's Suits ($6.78k), and Computers ($4.27k). During the last 26 years the exports of Micronesia to Australia have increased at an annualized rate of 7.77%, from $6.17k in 1995 to $43.1k in 2021.

Market Competitiveness

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Color

SectionYear

Australia
Top Destination: China, $138B

Micronesia
Top Destination: Thailand, $145M

This map shows whether countries import more from Australia or Micronesia. Each country is colored based on the difference in imports they receive from Australia and Micronesia or the difference in the growth in imports.

In 2021, countries that imported more from Australia than Micronesia were China ($138B), Japan ($47B), and South Korea ($29.4B).

In 2019, no countries were registered that imported more from Micronesia than from Australia.

Comparative Advantage Australia - Micronesia

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Flow

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Year

This chart compares trade between Australia and Micronesia by product, considering products traded by both, Australia and Micronesia.

During 2021, Australia had a large net trade with Micronesia in the exports of Foodstuffs ($2.18M), Instruments ($1.16M), and Machines ($266k).

During 2021, Micronesia had a large net trade with Australia in the exports of Machines ($22.2k), Textiles ($13k), and Instruments ($4.01k).

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Australia has comparative advantage over Micronesia. Similarly, the more yellow a dot/product is, the more Micronesia has comparative advantage over Australia.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Australia - Micronesia

Economic Complexity

Competitive Landscape

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