India (IND) and Micronesia (FSM) Trade | The Observatory of Economic Complexity

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India-Micronesia Trade: In 2022, India exported $563k to Micronesia. The main products that India exported to Micronesia were Packaged Medicaments ($303k), Gas and Liquid Flow Measuring Instruments ($75.2k), and Vaccines, blood, antisera, toxins and cultures ($54.2k). Over the past 5 years the exports of India to Micronesia have increased at an annualized rate of 13.8%, from $295k in 2017 to $563k in 2022.

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

Micronesia-India Trade: In 2022, Micronesia exported $99.5k to India. The main products that Micronesia exported to India were N/A. Over the past 5 years the exports of Micronesia to India have increased at an annualized rate of 198%, from $426 in 2017 to $99.5k in 2022.

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

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

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Overview In N/A, India exported $N/A and imported $N/A from Micronesia, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of India have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of India to Micronesia were Coir And Coir Manufactures ($3.44k), Drug Formulations, Biologicals ($1.12k), Surgicals ($355), and Bulk Drugs, Drug Intermediates ($31). In N/A the top imports of India from Micronesia were .

Growth In N/A, the N/A in India's year-by-year exports to Micronesia was explained primarily by an decrease in product exports in Drug Formulations, Biologicals ($-26.9k or -96%) and Bulk Drugs, Drug Intermediates ($-458 or -93.7%). In N/A, the N/A in India's year-by-year imports from Micronesia was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

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This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Micronesia and India trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

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In 2022, India exported $563k to Micronesia. The main products exported from India to Micronesia were Packaged Medicaments ($303k), Gas and Liquid Flow Measuring Instruments ($75.2k), and Vaccines, blood, antisera, toxins and cultures ($54.2k). During the last 5 years the exports of India to Micronesia have increased at an annualized rate of 13.8%, from $295k in 2017 to $563k in 2022.

In 2009, Micronesia exported $99.5k to India. There were not main exports from Micronesia to India in 2009. During the last 5 years the exports of Micronesia to India have increased at an annualized rate of 198%, from $426 in 2014 to $99.5k in 2009.

Exports from India () to Micronesia () (2022)

Exports from Micronesia () to India () (2022)

Market Competitiveness

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Exports

Export Growth

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Year

India
Top DestinationN/AN/A

Micronesia
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage India - Micronesia

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

During 2022, India had a large net trade with Micronesia in the exports of Chemical Products ($375k), Instruments ($76.6k), and Machines ($34.4k).

During 2009, Micronesia had a large net trade with India in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Micronesia () (2022)

Exports from Micronesia () to India () (2022)

Market Competitiveness

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

Comparative Advantage India - Micronesia

Economic Complexity

Competitive Landscape

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

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