China / Micronesia

Overview In February 2024, China exported $1.28M and imported $241k from Micronesia, resulting in a positive trade balance of $1.04M. Between February 2023 and February 2024 the exports of China have decreased by $-126k (-8.91%) from $1.41M to $1.28M, while imports decreased by $-7.49M (-96.9%) from $7.73M to $241k.

Trade In February 2024, the top exports of China to Micronesia were Refrigerators ($273k), Other Plastic Sheetings ($222k), Other Iron Products ($142k), Particle Board ($120k), and Other Plastic Products ($117k). In February 2024 the top imports of China from Micronesia were Commodities not elsewhere specified ($511), Trunks and Cases ($281), and Non-Knit Women's Suits ($192).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($584k), Zhejiang Province ($327k), Shandong Province ($126k), Hebei Province ($123k), and Fujian Province ($52.1k), while imports destinations were mainly Zhejiang Province ($239k) and Guangdong Province ($1.83k).

Growth In February 2024, the decrease in China's year-by-year exports to Micronesia was explained primarily by an decrease in product exports in Prefabricated Buildings ($-288k or -92.2%), Toilet Paper ($-219k or -99.6%), and Sanitary towels (pads) ($-92.8k or -88.2%). In February 2024, the decrease in China's year-by-year imports  from Micronesia was explained primarily by an decrease in product imports  in .