2022
Exports | Imports
$5.37k | $10.4kWorld Rnk 154 / 175
Flag Rnk 54 / 125
World Rnk 200 / 224
Flag Rnk 333 / 567
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.67Rnk 967 / 1025

About

Exports In 2022, Micronesia exported $5.37k in Processed Crustaceans, making it the 154th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 54th most exported product in Micronesia. The main destination of Processed Crustaceans exports from Micronesia are: South Korea ($4.07k) and United Kingdom ($1.3k).

The fastest growing export markets for Processed Crustaceans of Micronesia between 2021 and 2022 were South Korea ($4.07k).

Imports In 2022, Micronesia imported $10.4k in Processed Crustaceans, becoming the 200th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 333rd most imported product in Micronesia. Micronesia imports Processed Crustaceans primarily from: New Zealand ($4.29k), Japan ($3.74k), Chinese Taipei ($1.34k), and Singapore ($986).

The fastest growing import markets in Processed Crustaceans for Micronesia between 2021 and 2022 were Chinese Taipei ($1.2k) and Singapore ($986).

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

Latest Trends

Jan 2024

Subnational Monthly Trade

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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 Processed Crustaceans. 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)$5.37k
IMPORTS (2022)$10.4k
NET TRADE (2022)-$4.99k

In 2022, Micronesia exported $5.37k in Processed Crustaceans. The main destinations of Micronesia exports on Processed Crustaceans were South Korea ($4.07k) and United Kingdom ($1.3k).

In 2022, Micronesia imported $10.4k in Processed Crustaceans, mainly from New Zealand ($4.29k), Japan ($3.74k), Chinese Taipei ($1.34k), and Singapore ($986).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Micronesia WERE (2021 - 2022):South Korea$4.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Micronesia WERE (2021 - 2022):
Singapore-$5.89k (-100%)
United Kingdom-$5.06k (-79.6%)
Brazil-$1.14k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Micronesia's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Micronesia's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

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