Australia / Micronesia

Australia-Micronesia Trade: In 2022, Australia exported $3.1M to Micronesia. The main products that Australia exported to Micronesia were Other Prepared Meat ($1.06M), Wheat Flours ($386k), and Animal Food ($322k). Over the past 5 years the exports of Australia to Micronesia have increased at an annualized rate of 0.81%, from $2.98M in 2017 to $3.1M in 2022.

In 2022, Australia did not export any services to Micronesia.

Micronesia-Australia Trade: In 2022, Micronesia exported $89.7k to Australia. The main products that Micronesia exported to Australia were Broadcasting Equipment ($36.2k), Other Women's Undergarments ($32.1k), and Electrical Power Accessories ($4.44k). Over the past 5 years the exports of Micronesia to Australia have increased at an annualized rate of 77.3%,  from $5.11k in 2017 to $89.7k in 2022.

In 2022, Micronesia did not export any services to Australia.

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24),  and 16 in total exports ($424B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.