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2023
Flag → Flag
Exports $31.1MRnk 2 / 58
2023
Flag → Flag
Top Product $31.1MNon-fillet Frozen Fish
2023
Flag → Flag
Exports $25.8MRnk 197 / 208
2023
Flag → Flag
Top Product $1.74MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$460MCURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP GROWTH45%CURRENT US$
Rnk 85 / 195
2023
Flag
 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC $4,084CURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP PC GROWTH39.2%CURRENT US$
Rnk 62 / 195
2023
Flag
GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Micronesia-China Trade: In 2023, Micronesia exported $31.1M to China. The main products that Micronesia exported to China were Non-fillet Frozen Fish ($31.1M), Trunks and Cases ($13k), and Non-Knit Women's Suits ($2.55k). Over the past 5 years the exports of Micronesia to China have increased at an annualized rate of 7.4%, from $21.8M in 2018 to $31.1M in 2023.

In 2023, Micronesia did not export any services to China.

China-Micronesia Trade: In 2023, China exported $25.8M to Micronesia. The main products that China exported to Micronesia were Non-fillet Frozen Fish ($1.74M), Large Construction Vehicles ($1.5M), and Pasta ($818k). Over the past 5 years the exports of China to Micronesia have increased at an annualized rate of 4.25%,  from $18.5M in 2018 to $25.8M in 2023.

In 2023, China did not export any services to Micronesia.

Comparison In 2023,  Micronesia ranked 188 in total exports ($190M), and does not have data regarding Economic Complexity Index. That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Micronesia exported $31.1M to China. The main products exported from Micronesia to China were Non-fillet Frozen Fish ($31.1M), Trunks and Cases ($13k), and Non-Knit Women's Suits ($2.55k). During the last 5 years the exports of Micronesia to China have increased at an annualized rate of 7.4%, from $21.8M in 2018 to $31.1M in 2023.

In 2018, China exported $25.8M to Micronesia. The main products exported from China to Micronesia were Non-fillet Frozen Fish ($1.74M), Large Construction Vehicles ($1.5M), and Pasta ($818k). During the last 5 years the exports of China to Micronesia have increased at an annualized rate of 4.25%, from $18.5M in 2023 to $25.8M in 2018.

Exports from Micronesia (Flag) to China (Flag) (2023)

Exports from China (Flag) to Micronesia (Flag) (2023)

Latest Data

Trade between Micronesia (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Micronesia
Top DestinationThailand$121M
China
Top DestinationUnited States$436B

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.

In 2023, no countries were registered that imported more from Micronesia than from China.

In 2023, countries that imported more from China than Micronesia included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Micronesia (Flag) (2023)

Comparative Advantage Micronesia - China

Flow
Scale

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

During 2023, Micronesia had a large net trade with China in the exports of Animal Products ($31.1M), Animal Hides ($13k), and Textiles ($3.47k).

During 2018, China had a large net trade with Micronesia in the exports of Machines ($7.45M), Metals ($2.7M), and Plastics and Rubbers ($2.45M).

Economic Complexity

Competitive Landscape

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.

Product Space of Micronesia (Flag) and China (Flag) (2023)

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