Micronesia (FSM) and Kiribati (KIR) Trade | The Observatory of Economic Complexity

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Pricing

Micronesia (FSM) and Kiribati (KIR) Trade

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Exports $28.9kRnk 36 / 0

2022

GDP$427MCURRENT US$
Rnk 182 / 186

2012-2022

GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186

2022

GDP$223MCURRENT US$
Rnk 184 / 186

2012-2022

GDP GROWTH17.8%CURRENT US$
Rnk 126 / 186

2022

GDP PC $3,741CURRENT US$
Rnk 126 / 186

2012-2022

GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186

2022

GDP PC$1,702CURRENT US$
Rnk 152 / 186

2012-2022

GDP PC GROWTH0.18%CURRENT US$
Rnk 138 / 186

Image 1

Image by Department of Foreign Affairs and Trade
Link: https://flic.kr/p/jW3ux2

Image 2

Image by Calvin Smith
Link: https://flic.kr/p/nSpYMu

Historical Data
Economic Complexity

About

In N/A, Micronesia did not export any services to Kiribati.

Kiribati-Micronesia In N/A, Kiribati exported $28.9k to Micronesia. The main products that Kiribati exported to Micronesia were N/A. During the last N/A years the exports of Kiribati to Micronesia have increased at an annualized rate of 3.58%, from $11.2k in N/A to $28.9k in N/A.

In N/A, Kiribati did not export any services to Micronesia.

Comparison In 2022, Micronesia ranked 191 in total exports ($183M). That same year, Kiribati ranked 195 in total exports ($115M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

2015

2007

Micronesia does not register exports to Kiribati.

In 2015, Kiribati exported $28.9k to Micronesia. There were not main exports from Kiribati to Micronesia in 2015. During the last 8 years the exports of Kiribati to Micronesia have increased at an annualized rate of 3.58%, from $11.2k in 2007 to $28.9k in 2015.

Exports from Micronesia () to Kiribati () (2015)

Exports from Kiribati () to Micronesia () (2015)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$143M

Kiribati
Top DestinationThailand$63.2M

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

In 2021, countries that imported more from Micronesia than Kiribati were Thailand ($143M), Philippines ($22.7M), and Ecuador ($3.47M).

In 2021, countries that imported more from Kiribati than Micronesia were Indonesia ($9.64M), South Korea ($4.13M), and Japan ($11.6M).

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

Comparative Advantage Micronesia - Kiribati

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

2015

2007

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

During 2015, Kiribati had a large net trade with Micronesia in the exports of .

Economic Complexity

Competitive Landscape

Year

2015

2007

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Micronesia has comparative advantage over Kiribati. Similarly, the more yellow a dot/product is, the more Kiribati has comparative advantage over Micronesia.

Product Space of Micronesia () and Kiribati () (2015)

Keep Exploring

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