2019
Exports
$4.68kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2019
Imports
$3.85MWorld Rnk 203 / 224
Flag Rnk 5 / 567

About

Imports In 2022, Micronesia imported $3.85M in Cars, becoming the 203rd largest importer of Cars in the world. At the same year, Cars was the 5th most imported product in Micronesia. Micronesia imports Cars primarily from: Japan ($3.42M), South Korea ($161k), China ($130k), United States ($75.7k), and United Arab Emirates ($60.4k).

The fastest growing import markets in Cars for Micronesia between 2021 and 2022 were China ($109k) and United Arab Emirates ($60.4k).

Latest Trends

Sep 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 Cars. 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 (2019)$4.68k
IMPORTS (2022)$3.85M
NET TRADE (2022)-$3.85M

In 2022, Micronesia imported $3.85M in Cars, mainly from Japan ($3.42M), South Korea ($161k), China ($130k), United States ($75.7k), and United Arab Emirates ($60.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Micronesia's main exporting competitors in Cars were:
In 2022, Micronesia's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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