HS Icon Processed Fish in  Flag Micronesia

2021
Exports | Imports
: $6.78k | $3.58M, World Rnk 140 / 173
Flag Rnk 59 / 143 | World Rnk 152 / 221
Flag Rnk 5 / 561

2021
PRODUCT COMPLEXITY IN Processed Fish
: -1.52, Rnk 958 / 1029

Exports In 2021, Micronesia exported $6.78k in Processed Fish, making it the 140th largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 59th most exported product in Micronesia. The main destination of Processed Fish exports from Micronesia are: Japan ($6.78k).

Imports In 2021, Micronesia imported $3.58M in Processed Fish, becoming the 152nd largest importer of Processed Fish in the world. At the same year, Processed Fish was the 5th most imported product in Micronesia. Micronesia imports Processed Fish primarily from: Thailand ($1.53M), Japan ($1M), Chile ($684k), China ($285k), and Malaysia ($44.4k).

The fastest growing import markets in Processed Fish for Micronesia between 2020 and 2021 were Thailand ($225k), Chile ($210k), and Japan ($138k).

Tariffs In 2019, the average tariff for Micronesia in Processed Fish was 3%. The countries with the highest import tariffs for Processed Fish were Angola (Most Favoured Nation duty rate treatment, 3%), Burundi (Most Favoured Nation duty rate treatment, 3%), Benin (Most Favoured Nation duty rate treatment, 3%), Burkina Faso (Most Favoured Nation duty rate treatment, 3%), and Botswana (Most Favoured Nation duty rate treatment, 3%).

Mar 2023

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 Fish. 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

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EXPORTS (2021): $6.78k

IMPORTS (2021): $3.58M

NET TRADE (2021): -$3.58M

In 2021, Micronesia exported $6.78k in Processed Fish. The main destinations of Micronesia exports on Processed Fish were Japan ($6.78k).

In 2021, Micronesia imported $3.58M in Processed Fish, mainly from Thailand ($1.53M), Japan ($1M), Chile ($684k), China ($285k), and Malaysia ($44.4k).

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THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY Micronesia WERE (2020 - 2021):: Japan, -$52k (-88.5%)

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Market Concentration

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In 2021, Micronesia's main exporting competitors in Processed Fish were:

In 2021, Micronesia's main importing competitors in Processed Fish were:

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