2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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 GDP
$427MCURRENT US$
Rnk 182 / 186
2012-2022
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GDP GROWTH
30.5%CURRENT US$
Rnk 99 / 186
2022
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GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC
$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 74 / 186

About

Germany-Micronesia In 2022, Germany exported $66.7k to Micronesia. The main products that Germany exported to Micronesia are Household Washing Machines ($26.6k), Machinery Having Individual Functions ($19.2k), and Ink ($8.27k). During the last 27 years the exports of Germany to Micronesia have decreased at an annualized rate of 13.1%, from $2.92M in 1995 to $66.7k in 2022.

In 2022, Germany did not export any services to Micronesia.

Micronesia-Germany In 2022, Micronesia exported $699k to Germany. The main products that Micronesia exported to Germany were Integrated Circuits ($617k), Non-Knit Women's Suits ($49.9k), and Molluscs ($14.9k). During the last 27 years the exports of Micronesia to Germany have increased at an annualized rate of 26.6%, from $1.2k in 1995 to $699k in 2022.

In 2022, Micronesia did not export any services to Germany.

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75),  and 3 in total exports ($1.6T). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $66.7k to Micronesia. The main products exported from Germany to Micronesia were Household Washing Machines ($26.6k), Machinery Having Individual Functions ($19.2k), and Ink ($8.27k). During the last 27 years the exports of Germany to Micronesia have decreased at an annualized rate of 13.1%, from $2.92M in 1995 to $66.7k in 2022.

In 2022, Micronesia exported $699k to Germany. The main products exported from Micronesia to Germany were Integrated Circuits ($617k), Non-Knit Women's Suits ($49.9k), and Molluscs ($14.9k). During the last 26 years the exports of Micronesia to Germany have increased at an annualized rate of 26.6%, from $1.2k in 1996 to $699k in 2022.

Exports from Germany (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Micronesia
Top Destination
Thailand$143M

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

In 2021, countries that imported more from Germany than Micronesia were United States ($153B), France ($120B), and China ($109B).

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

Difference in imports from Micronesia (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Micronesia

Flow
Scale

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

During 2022, Germany had a large net trade with Micronesia in the exports of Machines ($53.7k), Chemical Products ($8.27k), and Arts and Antiques ($4.21k).

During 2022, Micronesia had a large net trade with Germany in the exports of Machines ($618k), Textiles ($66.3k), and Animal Products ($14.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Micronesia (Flag) (2022)

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