Overview: This page contains the latest international trade data for Micronesia, including service trade data. In 2018 Micronesia was the number 191 economy in the world in terms of GDP (current US$), the number 185 in total exports, and the number 204 in total imports. In 2018, Micronesia exported $129M and imported $122M, resulting in a positive trade balance of $7.02M. In 2018, Micronesia's exports per capita were $1.15k and its imports per capita were $1.08k.
Trade: The top exports of Micronesia are Non-fillet Frozen Fish ($117M), Fish Fillets ($7.66M), Tractors ($729k), Aluminium Plating ($437k), and Netting ($401k). The top imports of Micronesia are Netting ($10.6M), Poultry Meat ($5.05M), Non-fillet Frozen Fish ($4.35M), Rice ($4.29M), and Processed Fish ($3.23M).
Destinations: Micronesia exports mostly to Thailand ($68.6M), China ($21.8M), Japan ($17.9M), Philippines ($9.72M), and Mexico ($5.5M), and imports mostly from United States ($36.6M), China ($18.4M), Japan ($17.9M), South Korea ($15M), and Philippines ($5.92M).
Location: Micronesia borders Marshall Islands, Palau, Papua New Guinea, and Guam by sea.