Cars in Micronesia

EXPORTS (2015): $13.6k, World Rnk 200 / 209
Flag Rnk 29 / 72

TOP DESTINATION (2015): $12.6k, Belgium-Luxembourg

FASTEST GROWING MARKET (2014 - 2015): $12.6k, Belgium-Luxembourg

IMPORTS (2018): $2.62M, World Rnk 201 / 220
Flag Rnk 10 / 473

TOP ORIGIN (2018): $2.34M, Japan

FASTEST GROWING ORIGIN (2017 - 2018): $38.5k, Japan

Overview: This page contains the latest trade data of Cars in Micronesia.

Exports: In 2015, Micronesia exported $13.6k in Cars, making it the 200th largest exporter of Cars in the world. At the same year, Cars was the 29th most exported product in Micronesia. The main destination of Cars exports from Micronesia are: Belgium-Luxembourg ($12.6k) and Solomon Islands ($1.03k).

The fastest growing export markets for Cars of Micronesia between 2014 and 2015 were Belgium-Luxembourg ($12.6k) and Solomon Islands ($1.03k).

Imports: In 2018, Micronesia imported $2.62M in Cars, becoming the 201st largest importer of Cars in the world. At the same year, Cars was the 10th most imported product in Micronesia. Micronesia imports Cars primarily from: Japan ($2.34M), South Korea ($182k), China ($59.2k), United States ($39.9k), and Philippines ($1.96k).

The fastest growing import markets in Cars for Micronesia between 2017 and 2018 were Japan ($38.5k) and Philippines ($1.96k).

Value

EXPORTS (2015): $13.6k

IMPORTS (2018): $2.62M

NET TRADE (2018): -$2.62M

In 2015, Micronesia exported $13.6k in Cars. The main destinations of Micronesia exports on Cars were Belgium-Luxembourg ($12.6k) and Solomon Islands ($1.03k).

In 2018, Micronesia imported $2.62M in Cars, mainly from Japan ($2.34M), South Korea ($182k), China ($59.2k), United States ($39.9k), and Philippines ($1.96k).

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IN 2015, Micronesia HAD A POSITIVE NET TRADE IN Cars WITH:

  • Belgium-Luxembourg, $12.6k ($12.6k - $0)
  • Solomon Islands, $1.03k ($1.03k - $0)

IN 2018, Micronesia HAD A NEGATIVE NET TRADE IN Cars WITH:

  • Japan, -$2.34M ($0 - $2.34M)
  • South Korea, -$182k ($0 - $182k)
  • China, -$59.2k ($0 - $59.2k)
Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Micronesia WERE (2014 - 2015):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Micronesia WERE (2014 - 2015):: Fiji, -$21.2k (-100%)

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Market Concentration

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Flow
Type

In 2018, Micronesia's main exporting competitors in Cars were:

In 2018, Micronesia's main importing competitors in Cars were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Cars in Micronesia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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