2022
Exports | Imports
$763k | $105kWorld Rnk 119 / 226
Flag Rnk 3 / 125
World Rnk 207 / 225
Flag Rnk 171 / 567
2022
PRODUCT COMPLEXITY IN Integrated Circuits
1.22Rnk 101 / 1025

About

Exports In 2022, Micronesia exported $763k in Integrated Circuits, making it the 119th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 3rd most exported product in Micronesia. The main destination of Integrated Circuits exports from Micronesia are: Germany ($617k), United Kingdom ($143k), Singapore ($2.54k), Thailand ($15), and France ($13).

The fastest growing export markets for Integrated Circuits of Micronesia between 2021 and 2022 were Germany ($617k), United Kingdom ($141k), and Thailand ($15).

Imports In 2022, Micronesia imported $105k in Integrated Circuits, becoming the 207th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 171st most imported product in Micronesia. Micronesia imports Integrated Circuits primarily from: Hong Kong ($59.8k), United States ($34.6k), China ($8.11k), Philippines ($1.5k), and Singapore ($1.01k).

The fastest growing import markets in Integrated Circuits for Micronesia between 2021 and 2022 were Hong Kong ($59.8k), United States ($28.2k), and China ($8.11k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Integrated Circuits from Micronesia to the United States.

Latest Trends

Feb 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 Integrated Circuits. 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 (2022)$763k
IMPORTS (2022)$105k
NET TRADE (2022)$658k

In 2022, Micronesia exported $763k in Integrated Circuits. The main destinations of Micronesia exports on Integrated Circuits were Germany ($617k), United Kingdom ($143k), Singapore ($2.54k), Thailand ($15), and France ($13).

In 2022, Micronesia imported $105k in Integrated Circuits, mainly from Hong Kong ($59.8k), United States ($34.6k), China ($8.11k), Philippines ($1.5k), and Singapore ($1.01k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Micronesia WERE (2021 - 2022):
Germany$617k (1%)
United Kingdom$141k (9.48k%)
Thailand$15 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Micronesia WERE (2021 - 2022):
Singapore-$42.2k (-94.3%)
United States-$2.87k (-100%)
China-$1.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Integrated Circuits by Exporters

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