Peru (PER) and Micronesia (FSM) Trade | The Observatory of Economic Complexity

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Peru-Micronesia Trade: In 2022, Peru exported $1.75k to Micronesia. The main products that Peru exported to Micronesia were Stone Processing Machines ($1.75k). Over the past 10 years the exports of Peru to Micronesia have decreased at an annualized rate of 32.8%, from $93k in 2012 to $1.75k in 2022.

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

Micronesia-Peru Trade: In 2022, Micronesia exported $69k to Peru. The main products that Micronesia exported to Peru were N/A. Over the past 10 years the exports of Micronesia to Peru have increased at an annualized rate of 52.6%, from $660 in 2012 to $69k in 2022.

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

Comparison In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $1.75k to Micronesia. The main products exported from Peru to Micronesia were Stone Processing Machines ($1.75k). During the last 10 years the exports of Peru to Micronesia have decreased at an annualized rate of 32.8%, from $93k in 2012 to $1.75k in 2022.

In 2014, Micronesia exported $69k to Peru. There were not main exports from Micronesia to Peru in 2014. During the last 5 years the exports of Micronesia to Peru have increased at an annualized rate of 52.6%, from $660 in 2019 to $69k in 2014.

Exports from Peru () to Micronesia () (2022)

Exports from Micronesia () to Peru () (2022)

Latest Data

Trade between Peru () and Micronesia ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Micronesia
Top DestinationThailand$143M

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

In 2022, countries that imported more from Peru than Micronesia included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Micronesia than Peru included Thailand ($143M) and Fiji ($1.5M).

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

Comparative Advantage Peru - Micronesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Micronesia in the exports of Machines ($1.75k).

During 2014, Micronesia had a large net trade with Peru in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Peru () to Micronesia () (2022)

Exports from Micronesia () to Peru () (2022)

Latest Data

Trade between Peru () and Micronesia ()

Peru Exports

Market Competitiveness

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

Comparative Advantage Peru - Micronesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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