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2022
Flag → Flag
Exports $22.8kRnk 218 / 221
2022
Flag → Flag
Top Product $15.6kX-Ray Equipment
2022
Flag → Flag
Exports $5.22kRnk 36 / 52
2022
Flag → Flag
Top Product $1.6kBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186

About

Italy-Micronesia Trade: In 2022, Italy exported $22.8k to Micronesia. The main products that Italy exported to Micronesia were X-Ray Equipment ($15.6k), Footwear Parts ($5.79k), and Electric Motors ($1.4k). Over the past 6 years the exports of Italy to Micronesia have increased at an annualized rate of 3.09%, from $19k in 2016 to $22.8k in 2022.

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

Micronesia-Italy In N/A, Micronesia did not export any products to Italy.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy 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 Italy 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 Italy to Micronesia were . In N/A the top imports of Italy from Micronesia were .

Growth In N/A, the N/A in Italy's year-by-year exports to Micronesia was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Micronesia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

Explore Micronesia and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $22.8k to Micronesia. The main products exported from Italy to Micronesia were X-Ray Equipment ($15.6k), Footwear Parts ($5.79k), and Electric Motors ($1.4k). During the last 6 years the exports of Italy to Micronesia have increased at an annualized rate of 3.09%, from $19k in 2016 to $22.8k in 2022.

Micronesia does not register exports to Italy. The main products exported from Micronesia to Italy were Broadcasting Equipment ($1.6k) and Chemical Analysis Instruments ($1.2k).

Exports from Italy (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Micronesia
Top DestinationThailand$143M

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

In 2022, countries that imported more from Italy than Micronesia included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Difference in imports from Micronesia (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Micronesia

Flow
Scale

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

During 2022, Italy had a large net trade with Micronesia in the exports of Instruments ($15.6k), Footwear and Headwear ($5.79k), and Machines ($1.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Micronesia (Flag) (2022)

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