Flag United States / Micronesia Flag

2021
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Exports
: $42.2M, Rnk 175 / 217

2021
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Top Product
: $6.43M, Poultry Meat

2021
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Exports
: $1.95M, Rnk 5 / 54

2021
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Top Product
: $313k, Video Displays

2021
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Economic Complexity (ECI)
: ECI 1.46, Rnk 10 / 131

2021
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GDP
: $23T, CURRENT US$
Rnk 1 / 182

2011-2021
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GDP GROWTH
: 47.4%, CURRENT US$
Rnk 56 / 182

2021
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 GDP
: $404M, CURRENT US$
Rnk 179 / 182

2011-2021
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GDP GROWTH
: 29.8%, CURRENT US$
Rnk 84 / 182

2021
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GDP PC 
: $69,288, CURRENT US$
Rnk 7 / 182

2011-2021
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GDP PC GROWTH
: 38.4%, CURRENT US$
Rnk 44 / 182

2021
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GDP PC
: $3,477, CURRENT US$
Rnk 123 / 182

2011-2021
Flag
GDP PC GROWTH
: 15.5%, CURRENT US$
Rnk 85 / 182

United States-Micronesia In 2021, United States exported $42.2M to Micronesia. The main products that United States exported to Micronesia are Poultry Meat ($6.43M), Other Prepared Meat ($2.07M), and Pig Meat ($2.03M). During the last 26 years the exports of United States to Micronesia have increased at an annualized rate of 2.92%, from $20M in 1995 to $42.2M in 2021.

In 2021, United States did not export any services to Micronesia.

Micronesia-United States In 2021, Micronesia exported $1.95M to United States. The main products that Micronesia exported to United States were Video Displays ($313k), Non-fillet Fresh Fish ($240k), and Non-fillet Frozen Fish ($237k). During the last 26 years the exports of Micronesia to United States have decreased at an annualized rate of 7.04%, from $13M in 1995 to $1.95M in 2021.

In 2021, Micronesia did not export any services to United States.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46),  and 2 in total exports ($1.63T). That same year, Micronesia ranked 187 in total exports ($179M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, United States exported $42.2M to Micronesia. The main products exported from United States to Micronesia were Poultry Meat ($6.43M), Other Prepared Meat ($2.07M), and Pig Meat ($2.03M). During the last 26 years the exports of United States to Micronesia have increased at an annualized rate of 2.92%, from $20M in 1995 to $42.2M in 2021.

In 2021, Micronesia exported $1.95M to United States. The main products exported from Micronesia to United States were Video Displays ($313k), Non-fillet Fresh Fish ($240k), and Non-fillet Frozen Fish ($237k). During the last 26 years the exports of Micronesia to United States have decreased at an annualized rate of 7.04%, from $13M in 1995 to $1.95M in 2021.

Market Competitiveness

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Color

United States
Top Destination
: Canada, $259B

Micronesia
Top Destination
: Thailand, $145M

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

In 2021, countries that imported more from United States than Micronesia were Canada ($259B), Mexico ($247B), and China ($151B).

In 2019, no countries were registered that imported more from Micronesia than from United States.

Comparative Advantage United States - Micronesia

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Flow
Scale

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

During 2021, United States had a large net trade with Micronesia in the exports of Foodstuffs ($11.1M), Animal Products ($11M), and Machines ($7.86M).

During 2021, Micronesia had a large net trade with United States in the exports of Animal Products ($822k), Machines ($677k), and Textiles ($102k).

Economic Complexity

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Competitive Landscape

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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 United States has comparative advantage over Micronesia. Similarly, the more yellow a dot/product is, the more Micronesia has comparative advantage over United States.