Micronesia (FSM) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Micronesia-Thailand Trade: In 2022, Micronesia exported $143M to Thailand. The main products that Micronesia exported to Thailand were Non-fillet Frozen Fish ($143M), Non-Knit Women's Suits ($2.28k), and Electrical Control Boards ($1.86k). Over the past 5 years the exports of Micronesia to Thailand have increased at an annualized rate of 18.2%, from $62M in 2017 to $143M in 2022.

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

Thailand-Micronesia Trade: In 2022, Thailand exported $3.39M to Micronesia. The main products that Thailand exported to Micronesia were Processed Fish ($1.69M), Raw Sugar ($922k), and Delivery Trucks ($255k). Over the past 5 years the exports of Thailand to Micronesia have increased at an annualized rate of 0.58%, from $3.18M in 2017 to $3.39M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Micronesia exported $143M to Thailand. The main products exported from Micronesia to Thailand were Non-fillet Frozen Fish ($143M), Non-Knit Women's Suits ($2.28k), and Electrical Control Boards ($1.86k). During the last 5 years the exports of Micronesia to Thailand have increased at an annualized rate of 18.2%, from $62M in 2017 to $143M in 2022.

In 2017, Thailand exported $3.39M to Micronesia. The main products exported from Thailand to Micronesia were Processed Fish ($1.69M), Raw Sugar ($922k), and Delivery Trucks ($255k). During the last 5 years the exports of Thailand to Micronesia have increased at an annualized rate of 0.58%, from $3.18M in 2022 to $3.39M in 2017.

Exports from Micronesia () to Thailand () (2022)

Exports from Thailand () to Micronesia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationN/AN/A

Thailand
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Micronesia - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Micronesia had a large net trade with Thailand in the exports of Animal Products ($143M), Textiles ($2.3k), and Machines ($2.02k).

During 2017, Thailand had a large net trade with Micronesia in the exports of Foodstuffs ($2.9M), Transportation ($255k), and Mineral Products ($89.1k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Micronesia () to Thailand () (2022)

Exports from Thailand () to Micronesia () (2022)

Market Competitiveness

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

Comparative Advantage Micronesia - Thailand

Economic Complexity

Competitive Landscape

Product Space of Micronesia () and Thailand () (2022)

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