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2023
Exports $92kWorld Rnk 91 / 187
Flag Rnk 17 / 148
falsefalse United States
2022 - 2023
FASTEST GROWING MARKETfalseUnited States
2023
PRODUCT COMPLEXITY IN Basketwork-1.35Rnk 915 / 1025
2023
Imports $179World Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse

About

Exports In 2023, Micronesia exported $92k in Basketwork, making it the 91st largest exporter of Basketwork in the world. At the same year, Basketwork was the 17th most exported product in Micronesia. The main destination of Basketwork exports from Micronesia are: United States ($88.9k), Japan ($3.15k), and Chinese Taipei ($32).

The fastest growing export markets for Basketwork of Micronesia between 2022 and 2023 were United States ($14.4k), Japan ($3.15k), and Chinese Taipei ($32).

Imports In 2021, Micronesia imported $179 in Basketwork, becoming the 0th largest importer of Basketwork in the world. At the same year, Basketwork was the 0th most imported product in Micronesia. Micronesia imports Basketwork primarily from: N/A.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Basketwork. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$92k
IMPORTS (2021)$179
NET TRADE (2023)$92k

In 2023, Micronesia exported $92k in Basketwork. The main destinations of Micronesia exports on Basketwork were United States ($88.9k), Japan ($3.15k), and Chinese Taipei ($32).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Micronesia WERE (2022 - 2023):
United States$14.4k (19.3%)
Japan$3.15k (1%)
Chinese Taipei$32 (1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Micronesia's main exporting competitors in Basketwork were:
China $750M
Vietnam $322M
India $166M
In 2023, Micronesia's main importing competitors in Basketwork were:
United States $593M
Germany $152M
France $108M

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Basketwork’s highest export potential is N/A. With an export gap of N/A.   Basketwork’s highest import potential is N/A with an import gap of N/A.

See methodology.

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