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About

New Zealand-Micronesia In 2022, New Zealand exported $1.74M to Micronesia. The main products that New Zealand exported to Micronesia are Sawn Wood ($615k), Plywood ($227k), and Milk ($211k). During the last 27 years the exports of New Zealand to Micronesia have increased at an annualized rate of 5.66%, from $394k in 1995 to $1.74M in 2022.

In 2022, New Zealand did not export any services to Micronesia.

Micronesia-New Zealand In 2022, Micronesia exported $6.72k to New Zealand. The main products that Micronesia exported to New Zealand were Knitted Hats ($2.26k), Broadcasting Equipment ($2.26k), and Low-voltage Protection Equipment ($1.65k). During the last 27 years the exports of Micronesia to New Zealand have increased at an annualized rate of 5.54%, from $1.57k in 1995 to $6.72k in 2022.

In 2022, Micronesia did not export any services to New Zealand.

Comparison In 2022,  New Zealand ranked 44 in the Economic Complexity Index (ECI 0.46),  and 64 in total exports ($46.5B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $1.74M to Micronesia. The main products exported from New Zealand to Micronesia were Sawn Wood ($615k), Plywood ($227k), and Milk ($211k). During the last 27 years the exports of New Zealand to Micronesia have increased at an annualized rate of 5.66%, from $394k in 1995 to $1.74M in 2022.

In 2022, Micronesia exported $6.72k to New Zealand. The main products exported from Micronesia to New Zealand were Knitted Hats ($2.26k), Broadcasting Equipment ($2.26k), and Low-voltage Protection Equipment ($1.65k). During the last 27 years the exports of Micronesia to New Zealand have increased at an annualized rate of 5.54%, from $1.57k in 1995 to $6.72k in 2022.

Exports from New Zealand (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Micronesia (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
N/AN/A
Micronesia
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Micronesia (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Micronesia

Flow
Scale

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

During 2022, New Zealand had a large net trade with Micronesia in the exports of Wood Products ($842k), Animal Products ($369k), and Instruments ($111k).

During 2022, Micronesia had a large net trade with New Zealand in the exports of Machines ($4.06k), Footwear and Headwear ($2.26k), and Textiles ($394).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more New Zealand has comparative advantage over Micronesia. Similarly, the more yellow a dot/product is, the more Micronesia has comparative advantage over New Zealand.

Product Space of New Zealand (Flag) and Micronesia (Flag) (2022)

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