Flag China / Micronesia Flag

2021
FlagFlag
Exports
: $20.1M, Rnk 195 / 209

2021
FlagFlag
Top Product
: $1.25M, Non-fillet Frozen Fish

2021
FlagFlag
Exports
: $16.1M, Rnk 2 / 54

2021
FlagFlag
Top Product
: $16.1M, Non-fillet Frozen Fish

2021
Flag
Economic Complexity (ECI)
: ECI 1.07, Rnk 25 / 131

2021
Flag  
GDP
: $17.7T, CURRENT US$
Rnk 2 / 182

2011-2021
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GDP GROWTH
: 135%, CURRENT US$
Rnk 6 / 182

2021
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 GDP
: $404M, CURRENT US$
Rnk 179 / 182

2011-2021
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GDP GROWTH
: 29.8%, CURRENT US$
Rnk 84 / 182

2021
Flag
GDP PC 
: $12,556, CURRENT US$
Rnk 58 / 182

2011-2021
Flag
GDP PC GROWTH
: 124%, CURRENT US$
Rnk 4 / 182

2021
Flag
GDP PC
: $3,477, CURRENT US$
Rnk 123 / 182

2011-2021
Flag
GDP PC GROWTH
: 15.5%, CURRENT US$
Rnk 85 / 182

China-Micronesia In 2021, China exported $20.1M to Micronesia. The main products that China exported to Micronesia are Non-fillet Frozen Fish ($1.25M), Toilet Paper ($1.14M), and Coated Flat-Rolled Iron ($960k). During the last 26 years the exports of China to Micronesia have increased at an annualized rate of 10%, from $1.68M in 1995 to $20.1M in 2021.

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

Micronesia-China In 2021, Micronesia exported $16.1M to China. The main products that Micronesia exported to China were Non-fillet Frozen Fish ($16.1M), Motor vehicles; parts and accessories (8701 to 8705) ($1.13k), and Integrated Circuits ($1.05k). During the last 26 years the exports of Micronesia to China have increased at an annualized rate of 36.5%, from $4.96k in 1995 to $16.1M in 2021.

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

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07),  and 1 in total exports ($3.34T). That same year, Micronesia ranked 187 in total exports ($179M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, China exported $20.1M to Micronesia. The main products exported from China to Micronesia were Non-fillet Frozen Fish ($1.25M), Toilet Paper ($1.14M), and Coated Flat-Rolled Iron ($960k). During the last 26 years the exports of China to Micronesia have increased at an annualized rate of 10%, from $1.68M in 1995 to $20.1M in 2021.

In 2021, Micronesia exported $16.1M to China. The main products exported from Micronesia to China were Non-fillet Frozen Fish ($16.1M), Motor vehicles; parts and accessories (8701 to 8705) ($1.13k), and Integrated Circuits ($1.05k). During the last 26 years the exports of Micronesia to China have increased at an annualized rate of 36.5%, from $4.96k in 1995 to $16.1M in 2021.

Market Competitiveness

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Color

China
Top Destination
: United States, $530B

Micronesia
Top Destination
: Thailand, $145M

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

In 2021, countries that imported more from China than Micronesia were United States ($530B), Hong Kong ($323B), and Japan ($168B).

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

Comparative Advantage China - Micronesia

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Flow
Scale

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

During 2021, China had a large net trade with Micronesia in the exports of Metals ($4.28M), Machines ($2.52M), and Plastics and Rubbers ($1.94M).

During 2021, Micronesia had a large net trade with China in the exports of Animal Products ($16.1M), Machines ($1.26k), and Transportation ($1.13k).

Economic Complexity

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Competitive Landscape

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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 China has comparative advantage over Micronesia. Similarly, the more yellow a dot/product is, the more Micronesia has comparative advantage over China.