Micronesia (FSM) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Micronesia-Hong Kong Trade: In 2022, Micronesia exported $8.96k to Hong Kong. The main products that Micronesia exported to Hong Kong were N/A. Over the past 5 years the exports of Micronesia to Hong Kong have decreased at an annualized rate of 34%, from $71.8k in 2017 to $8.96k in 2022.

In 2022, Micronesia did not export any services to Hong Kong.

Hong Kong-Micronesia Trade: In 2022, Hong Kong exported $4.08M to Micronesia. The main products that Hong Kong exported to Micronesia were Broadcasting Equipment ($1.13M), Computers ($709k), and Beer ($238k). Over the past 5 years the exports of Hong Kong to Micronesia have increased at an annualized rate of 12.2%, from $2.29M in 2017 to $4.08M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Micronesia exported $8.96k to Hong Kong. There were not main exports from Micronesia to Hong Kong in 2022. During the last 5 years the exports of Micronesia to Hong Kong have decreased at an annualized rate of 34%, from $71.8k in 2017 to $8.96k in 2022.

In 2018, Hong Kong exported $4.08M to Micronesia. The main products exported from Hong Kong to Micronesia were Broadcasting Equipment ($1.13M), Computers ($709k), and Beer ($238k). During the last 5 years the exports of Hong Kong to Micronesia have increased at an annualized rate of 12.2%, from $2.29M in 2023 to $4.08M in 2018.

Exports from Micronesia () to Hong Kong () (2023)

Exports from Hong Kong () to Micronesia () (2023)

Latest Data

Trade between Micronesia () and Hong Kong ()

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationN/AN/A

Hong Kong
Top DestinationN/AN/A

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

N/A

Difference in imports from Hong Kong () and Micronesia () (2023)

Comparative Advantage Micronesia - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Micronesia had a large net trade with Hong Kong in the exports of .

During 2018, Hong Kong had a large net trade with Micronesia in the exports of Machines ($2.81M), Foodstuffs ($462k), and Textiles ($184k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Micronesia () to Hong Kong () (2023)

Exports from Hong Kong () to Micronesia () (2023)

Latest Data

Trade between Micronesia () and Hong Kong ()

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Micronesia () (2023)

Comparative Advantage Micronesia - Hong Kong

Economic Complexity

Competitive Landscape

Product Space of Micronesia () and Hong Kong () (2023)

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