Saudi Arabia (SAU) and Micronesia (FSM) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Micronesia Trade: In 2018, Saudi Arabia exported $32.2k to Micronesia. The main products that Saudi Arabia exported to Micronesia were N/A. Over the past 9 years the exports of Saudi Arabia to Micronesia have decreased at an annualized rate of 16.9%, from $171k in 2009 to $32.2k in 2018.

In 2018, Saudi Arabia did not export any services to Micronesia.

Micronesia-Saudi Arabia Trade: In 2018, Micronesia exported $4.05k to Saudi Arabia. The main products that Micronesia exported to Saudi Arabia were N/A. Over the past 9 years the exports of Micronesia to Saudi Arabia have decreased at an annualized rate of 49%, from $118k in 2009 to $4.05k in 2018.

In 2018, Micronesia did not export any services to Saudi Arabia.

Comparison In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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 2018, Saudi Arabia exported $32.2k to Micronesia. There were not main exports from Saudi Arabia to Micronesia in 2018. During the last 9 years the exports of Saudi Arabia to Micronesia have decreased at an annualized rate of 16.9%, from $171k in 2009 to $32.2k in 2018.

In 2016, Micronesia exported $4.05k to Saudi Arabia. There were not main exports from Micronesia to Saudi Arabia in 2016. During the last 5 years the exports of Micronesia to Saudi Arabia have decreased at an annualized rate of 49%, from $118k in 2021 to $4.05k in 2016.

Exports from Saudi Arabia () to Micronesia () (2021)

Exports from Micronesia () to Saudi Arabia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Micronesia
Top DestinationThailand$143M

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

In 2022, countries that imported more from Saudi Arabia than Micronesia included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Micronesia than Saudi Arabia included Fiji ($1.5M).

Difference in imports from Micronesia () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Micronesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Saudi Arabia had a large net trade with Micronesia in the exports of .

During 2016, Micronesia had a large net trade with Saudi Arabia 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 Saudi Arabia and Micronesia. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Micronesia. Similarly, a dot/product with the flag of Micronesia indicates it has a comparative advantage over Saudi Arabia.

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Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Micronesia () (2021)

Exports from Micronesia () to Saudi Arabia () (2021)

Market Competitiveness

Difference in imports from Micronesia () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Micronesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Micronesia () (2021)

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