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2023
Flag → Flag
Exports $824Rnk 47 / 58
2023
Flag → Flag
Top Product $824Non-Knit Women's Suits
2023
Flag → Flag
Exports $1.07MRnk 193 / 213
2023
Flag → Flag
Top Product $278kBaked Goods
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$460MCURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP GROWTH45%CURRENT US$
Rnk 85 / 195
2023
Flag
 GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Micronesia-Indonesia Trade: In 2023, Micronesia exported $824 to Indonesia. The main products that Micronesia exported to Indonesia were Non-Knit Women's Suits ($824). Over the past 8 years the exports of Micronesia to Indonesia have decreased at an annualized rate of 61.5%, from $1.71M in 2015 to $824 in 2023.

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

Indonesia-Micronesia Trade: In 2023, Indonesia exported $1.07M to Micronesia. The main products that Indonesia exported to Micronesia were Baked Goods ($278k), Palm Oil ($228k), and Synthetic Filament Yarn Woven Fabric ($149k). Over the past 8 years the exports of Indonesia to Micronesia have increased at an annualized rate of 7.39%,  from $753k in 2015 to $1.07M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Micronesia exported $824 to Indonesia. The main products exported from Micronesia to Indonesia were Non-Knit Women's Suits ($824). During the last 8 years the exports of Micronesia to Indonesia have decreased at an annualized rate of 61.5%, from $1.71M in 2015 to $824 in 2023.

In 2018, Indonesia exported $1.07M to Micronesia. The main products exported from Indonesia to Micronesia were Baked Goods ($278k), Palm Oil ($228k), and Synthetic Filament Yarn Woven Fabric ($149k). During the last 5 years the exports of Indonesia to Micronesia have increased at an annualized rate of 7.39%, from $753k in 2023 to $1.07M in 2018.

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

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

Latest Data

Trade between Micronesia (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Micronesia
Top DestinationThailand$121M
Indonesia
Top DestinationChina$70.7B

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

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

In 2023, countries that imported more from Indonesia than Micronesia included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Micronesia - Indonesia

Flow
Scale

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

During 2023, Micronesia had a large net trade with Indonesia in the exports of Textiles ($824).

During 2018, Indonesia had a large net trade with Micronesia in the exports of Foodstuffs ($412k), Animal and Vegetable Bi-Products ($228k), and Chemical Products ($213k).

Economic Complexity

Competitive Landscape

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

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

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