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Pricing

2022
Flag → Flag
Exports $1.77MRnk 5 / 52
2022
Flag → Flag
Top Product $423kFish Fillets
2022
Flag → Flag
Exports $53.9MRnk 175 / 219
2022
Flag → Flag
Top Product $6.37MPoultry Meat
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Micronesia-United States Trade: In 2022, Micronesia exported $1.77M to United States. The main products that Micronesia exported to United States were Fish Fillets ($423k), Live Fish ($199k), and Coral and Shells ($145k). Over the past 5 years the exports of Micronesia to United States have increased at an annualized rate of 20.2%, from $704k in 2017 to $1.77M in 2022.

In 2022, Micronesia did not export any services to United States.

United States-Micronesia Trade: In 2022, United States exported $53.9M to Micronesia. The main products that United States exported to Micronesia were Poultry Meat ($6.37M), Special purpose motor vehicles ($4.04M), and Other Electrical Machinery ($2.5M). Over the past 5 years the exports of United States to Micronesia have increased at an annualized rate of 5.12%,  from $36.1M in 2017 to $53.9M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Micronesia exported $1.77M to United States. The main products exported from Micronesia to United States were Fish Fillets ($423k), Live Fish ($199k), and Coral and Shells ($145k). During the last 5 years the exports of Micronesia to United States have increased at an annualized rate of 20.2%, from $704k in 2017 to $1.77M in 2022.

In 2017, United States exported $53.9M to Micronesia. The main products exported from United States to Micronesia were Poultry Meat ($6.37M), Special purpose motor vehicles ($4.04M), and Other Electrical Machinery ($2.5M). During the last 5 years the exports of United States to Micronesia have increased at an annualized rate of 5.12%, from $36.1M in 2022 to $53.9M in 2017.

Exports from Micronesia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Micronesia (Flag) (2022)

Latest Data

Trade between Micronesia (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Micronesia
Top DestinationThailand$143M
United States
Top DestinationCanada$308B

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

In 2022, no countries were registered that imported more from Micronesia than from United States.

In 2022, countries that imported more from United States than Micronesia included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Micronesia (Flag) (2022)

Comparative Advantage Micronesia - United States

Flow
Scale

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

During 2022, Micronesia had a large net trade with United States in the exports of Animal Products ($850k), Foodstuffs ($159k), and Machines ($151k).

During 2017, United States had a large net trade with Micronesia in the exports of Machines ($12.5M), Animal Products ($10.9M), and Foodstuffs ($10.7M).

Economic Complexity

Competitive Landscape

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

Product Space of Micronesia (Flag) and United States (Flag) (2022)

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