Overview In March 2023, United States exported $7.19M and imported $284k from Micronesia, resulting in a positive trade balance of $6.91M. Between March 2022 and March 2023 the exports of United States have increased by $2.8M (63.9%) from $4.39M to $7.19M, while imports increased by $209k (279%) from $75k to $284k.
Trade In March 2023, the top exports of United States to Micronesia were Poultry Meat ($458k), Commodities not elsewhere specified ($456k), Other Prepared Meat ($337k), Animal Food ($182k), and Pig Meat ($144k). In March 2023 the top imports of United States from Micronesia were Other Processed Fruits and Nuts ($54.4k), Mattresses ($25.2k), Coral and Shells ($14.3k), Live Fish ($7.3k), and Other Plastic Products ($6.87k).
Origins In March 2023 the exports of United States were mainly from California ($2.29M), Pennsylvania ($1.96M), Oregon ($1.13M), Florida ($563k), and Washington ($58.9k), while imports destinations were mainly Michigan ($130k), Alabama ($45.6k), Florida ($40.8k), and California ($22k).
Growth In March 2023, the increase in United States's year-by-year exports to Micronesia was explained primarily by an increase in product exports in Poultry Meat ($250k or 121%), Other Prepared Meat ($180k or 114%), and Commodities not elsewhere specified ($117k or 34.5%). In March 2023, the increase in United States's year-by-year imports from Micronesia was explained primarily by an increase in product imports in Coral and Shells ($8.42k or 144%).