Micronesia (FSM) and Saudi Arabia (SAU) Trade | The Observatory of Economic Complexity

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Micronesia-Saudi Arabia Trade: In 2021, Micronesia exported $4.05k to Saudi Arabia. The main products that Micronesia exported to Saudi Arabia were N/A. Over the past 6 years the exports of Micronesia to Saudi Arabia have decreased at an annualized rate of 58.2%, from $763k in 2015 to $4.05k in 2021.

In 2021, Micronesia did not export any services to Saudi Arabia.

Saudi Arabia-Micronesia Trade: In 2021, Saudi Arabia exported $32.2k to Micronesia. The main products that Saudi Arabia exported to Micronesia were N/A. Over the past 6 years the exports of Saudi Arabia to Micronesia have decreased at an annualized rate of 8.1%, from $49.1k in 2015 to $32.2k in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Micronesia exported $4.05k to Saudi Arabia. There were not main exports from Micronesia to Saudi Arabia in 2021. During the last 6 years the exports of Micronesia to Saudi Arabia have decreased at an annualized rate of 58.2%, from $763k in 2015 to $4.05k in 2021.

In 2013, Saudi Arabia exported $32.2k to Micronesia. There were not main exports from Saudi Arabia to Micronesia in 2013. During the last 5 years the exports of Saudi Arabia to Micronesia have decreased at an annualized rate of 8.1%, from $49.1k in 2018 to $32.2k in 2013.

Exports from Micronesia () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Micronesia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$143M

Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Micronesia than Saudi Arabia included Fiji ($1.5M).

In 2022, countries that imported more from Saudi Arabia than Micronesia included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia () and Micronesia () (2022)

Comparative Advantage Micronesia - Saudi Arabia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Micronesia had a large net trade with Saudi Arabia in the exports of .

During 2013, Saudi Arabia had a large net trade with Micronesia in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Micronesia () to Saudi Arabia () (2021)

Exports from Saudi Arabia () to Micronesia () (2021)

Market Competitiveness

Difference in imports from Saudi Arabia () and Micronesia () (2022)

Comparative Advantage Micronesia - Saudi Arabia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Micronesia () and Saudi Arabia () (2021)

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