Sign In
Pricing

2022
Flag → Flag
Exports $23.2kRnk 22 / 52
2022
Flag → Flag
Top Product $17.7kNon-Knit Women's Suits
2022
Flag → Flag
Exports $565kRnk 194 / 218
2022
Flag → Flag
Top Product $513kNavigation Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
 GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186
2022
Flag
GDP PC$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Micronesia-Spain Trade: In 2022, Micronesia exported $23.2k to Spain. The main products that Micronesia exported to Spain were Non-Knit Women's Suits ($17.7k), Chemical Analysis Instruments ($3.44k), and Non-Knit Women's Shirts ($1.07k). Over the past 5 years the exports of Micronesia to Spain have decreased at an annualized rate of 15.5%, from $53.8k in 2017 to $23.2k in 2022.

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

Spain-Micronesia Trade: In 2022, Spain exported $565k to Micronesia. The main products that Spain exported to Micronesia were Navigation Equipment ($513k), Video Recording Equipment ($32.9k), and Metal-Clad Products ($10.5k). Over the past 5 years the exports of Spain to Micronesia have decreased at an annualized rate of 4.12%,  from $698k in 2017 to $565k in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Micronesia exported $23.2k to Spain. The main products exported from Micronesia to Spain were Non-Knit Women's Suits ($17.7k), Chemical Analysis Instruments ($3.44k), and Non-Knit Women's Shirts ($1.07k). During the last 5 years the exports of Micronesia to Spain have decreased at an annualized rate of 15.5%, from $53.8k in 2017 to $23.2k in 2022.

In 2017, Spain exported $565k to Micronesia. The main products exported from Spain to Micronesia were Navigation Equipment ($513k), Video Recording Equipment ($32.9k), and Metal-Clad Products ($10.5k). During the last 5 years the exports of Spain to Micronesia have decreased at an annualized rate of 4.12%, from $698k in 2022 to $565k in 2017.

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

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

Latest Data

Trade between Micronesia (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Micronesia
Top DestinationThailand$143M
Spain
Top DestinationFrance$65.2B

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

In 2022, no countries were registered that imported more from Micronesia than from Spain.

In 2022, countries that imported more from Spain than Micronesia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Micronesia - Spain

Flow
Scale

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

During 2022, Micronesia had a large net trade with Spain in the exports of Textiles ($19.3k), Instruments ($3.44k), and Chemical Products ($241).

During 2017, Spain had a large net trade with Micronesia in the exports of Machines ($555k), Precious Metals ($10.5k), and Footwear and Headwear ($158).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms