About

Exports In 2022, Micronesia exported $21.2k in Chemical Products, making it the 224th largest exporter of Chemical Products in the world. At the same year, Chemical Products was the 13th most exported product in Micronesia. The main destination of Chemical Products exports from Micronesia are: South Korea ($19.3k), Philippines ($1.13k), Spain ($241), Colombia ($219), and Trinidad and Tobago ($184).

The fastest growing export markets for Chemical Products of Micronesia between 2021 and 2022 were Philippines ($1.13k), Spain ($241), and Colombia ($219).

Imports In 2022, Micronesia imported $2.89M in Chemical Products, becoming the 212th largest importer of Chemical Products in the world. At the same year, Chemical Products was the 12th most imported product in Micronesia. Micronesia imports Chemical Products primarily from: United States ($839k), China ($608k), India ($375k), Indonesia ($263k), and Australia ($258k).

The fastest growing import markets in Chemical Products for Micronesia between 2021 and 2022 were China ($184k), Philippines ($71.1k), and Indonesia ($43.7k).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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 Chemical Products. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$21.2k
IMPORTS (2022)$2.89M
NET TRADE (2022)-$2.87M

In 2022, Micronesia exported $21.2k in Chemical Products. The main destinations of Micronesia exports on Chemical Products were South Korea ($19.3k), Philippines ($1.13k), Spain ($241), Colombia ($219), and Trinidad and Tobago ($184).

In 2022, Micronesia imported $2.89M in Chemical Products, mainly from United States ($839k), China ($608k), India ($375k), Indonesia ($263k), and Australia ($258k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chemical Products EXPORT MARKETS FOR Micronesia WERE (2021 - 2022):
Philippines$1.13k (1%)
Spain$241 (1%)
Colombia$219 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Products BY Micronesia WERE (2021 - 2022):
South Korea-$39.1k (-66.9%)
Papua New Guinea-$20k (-100%)
Singapore-$7.48k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Micronesia's main exporting competitors in Chemical Products were:
In 2022, Micronesia's main importing competitors in Chemical Products were:

Explore Visualizations

Trade Value of Chemical Products by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with