Micronesia (FSM) and China (CHN) Trade | The Observatory of Economic Complexity

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Micronesia-China Trade: In 2022, Micronesia exported $77.4k to China. The main products that Micronesia exported to China were Non-fillet Frozen Fish ($66.4k), Trunks and Cases ($5.62k), and Non-Knit Women's Suits ($4.08k). Over the past 5 years the exports of Micronesia to China have decreased at an annualized rate of 62.9%, from $11M in 2017 to $77.4k in 2022.

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

China-Micronesia Trade: In 2022, China exported $30.4M to Micronesia. The main products that China exported to Micronesia were Passenger and Cargo Ships ($6.24M), Prefabricated Buildings ($1.32M), and Plastic Housewares ($1.15M). Over the past 5 years the exports of China to Micronesia have increased at an annualized rate of 2.96%, from $26.3M in 2017 to $30.4M in 2022.

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

Comparison In 2022, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index. That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Micronesia exported $77.4k to China. The main products exported from Micronesia to China were Non-fillet Frozen Fish ($66.4k), Trunks and Cases ($5.62k), and Non-Knit Women's Suits ($4.08k). During the last 5 years the exports of Micronesia to China have decreased at an annualized rate of 62.9%, from $11M in 2017 to $77.4k in 2022.

In 2017, China exported $30.4M to Micronesia. The main products exported from China to Micronesia were Passenger and Cargo Ships ($6.24M), Prefabricated Buildings ($1.32M), and Plastic Housewares ($1.15M). During the last 5 years the exports of China to Micronesia have increased at an annualized rate of 2.96%, from $26.3M in 2022 to $30.4M in 2017.

Exports from Micronesia () to China () (2022)

Exports from China () to Micronesia () (2022)

Latest Data

Trade between Micronesia () and China ()

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationN/AN/A

China
Top DestinationN/AN/A

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

N/A

Difference in imports from China () and Micronesia () (2022)

Comparative Advantage Micronesia - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Micronesia had a large net trade with China in the exports of Animal Products ($66.4k), Animal Hides ($5.62k), and Textiles ($4.08k).

During 2017, China had a large net trade with Micronesia in the exports of Transportation ($8.49M), Machines ($4.18M), and Miscellaneous ($3.36M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Micronesia and China. This means that a dot/product with the flag of Micronesia indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Micronesia.

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Historical Data

Bilateral Trade by Products

Exports from Micronesia () to China () (2022)

Exports from China () to Micronesia () (2022)

Latest Data

Trade between Micronesia () and China ()

China Exports

Market Competitiveness

Difference in imports from China () and Micronesia () (2022)

Comparative Advantage Micronesia - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Micronesia () and China () (2022)

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