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Exports In 2022, Micronesia exported $3.51k in Other Electrical Machinery, making it the 194th largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 68th most exported product in Micronesia. The main destination of Other Electrical Machinery exports from Micronesia are: United States ($3.02k), Singapore ($395), and Sweden ($99).

The fastest growing export markets for Other Electrical Machinery of Micronesia between 2021 and 2022 were United States ($3.02k), Singapore ($395), and Sweden ($99).

Imports In 2022, Micronesia imported $2.56M in Other Electrical Machinery, becoming the 163rd largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 14th most imported product in Micronesia. Micronesia imports Other Electrical Machinery primarily from: United States ($2.5M), South Korea ($21.8k), India ($21k), New Zealand ($9.1k), and Chinese Taipei ($2.89k).

The fastest growing import markets in Other Electrical Machinery for Micronesia between 2021 and 2022 were United States ($2.48M), India ($21k), and South Korea ($19.8k).

Latest Trends

Oct 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 Other Electrical Machinery. 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)$3.51k
IMPORTS (2022)$2.56M
NET TRADE (2022)-$2.56M

In 2022, Micronesia exported $3.51k in Other Electrical Machinery. The main destinations of Micronesia exports on Other Electrical Machinery were United States ($3.02k), Singapore ($395), and Sweden ($99).

In 2022, Micronesia imported $2.56M in Other Electrical Machinery, mainly from United States ($2.5M), South Korea ($21.8k), India ($21k), New Zealand ($9.1k), and Chinese Taipei ($2.89k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Electrical Machinery EXPORT MARKETS FOR Micronesia WERE (2021 - 2022):
United States$3.02k (1%)
Singapore$395 (1%)
Sweden$99 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Electrical Machinery BY Micronesia WERE (2021 - 2022):
South Korea-$1.42k (-100%)
Bolivia-$566 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Micronesia's main exporting competitors in Other Electrical Machinery were:
In 2022, Micronesia's main importing competitors in Other Electrical Machinery were:

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Trade Value of Other Electrical Machinery by Exporters

Potential Exports

Potential Exports

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

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

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