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Exports In 2023, Micronesia exported $4k in Processed Crustaceans, making it the 162nd largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 75th most exported product in Micronesia. The main destination of Processed Crustaceans exports from Micronesia are: United Kingdom ($3.85k) and Brazil ($148).

The fastest growing export markets for Processed Crustaceans of Micronesia between 2022 and 2023 were United Kingdom ($2.5k) and Brazil ($148).

Imports In 2023, Micronesia imported $4.87k in Processed Crustaceans, becoming the 213th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 413th most imported product in Micronesia. Micronesia imports Processed Crustaceans primarily from: New Zealand ($4.87k).

The fastest growing import markets in Processed Crustaceans for Micronesia between 2022 and 2023 were New Zealand ($577).

Latest Trends

Dec 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 (2023)$4k
IMPORTS (2023)$4.87k
NET TRADE (2023)-$873

In 2023, Micronesia exported $4k in Processed Crustaceans. The main destinations of Micronesia exports on Processed Crustaceans were United Kingdom ($3.85k) and Brazil ($148).

In 2023, Micronesia imported $4.87k in Processed Crustaceans, mainly from New Zealand ($4.87k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Micronesia WERE (2022 - 2023):
United Kingdom$2.5k (185%)
Brazil$148 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Micronesia WERE (2022 - 2023):South Korea-$4.19k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Micronesia's main exporting competitors in Processed Crustaceans were:
China $2.35B
Vietnam $1.54B
In 2023, Micronesia's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

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

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