2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
Flag
 GDP
$427MCURRENT US$
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2012-2022
Flag
GDP GROWTH
30.5%CURRENT US$
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2022
Flag
GDP PC 
$15,356CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.33%CURRENT US$
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2022
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GDP PC
$3,741CURRENT US$
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2012-2022
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GDP PC GROWTH
23.7%CURRENT US$
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About

Chile-Micronesia Trade: In 2022, Chile exported $824k to Micronesia. The main products that Chile exported to Micronesia were Processed Fish ($824k). Over the past 5 years the exports of Chile to Micronesia have increased at an annualized rate of 27.1%, from $248k in 2017 to $824k in 2022.

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

Micronesia-Chile Trade: In 2022, Micronesia exported $279 to Chile. The main products that Micronesia exported to Chile were Paintings ($221) and Felt or Coated Fabric Garments ($58). Over the past 5 years the exports of Micronesia to Chile have decreased at an annualized rate of 12.5%,  from $545 in 2017 to $279 in 2022.

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

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($99B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chile exported $824k to Micronesia. The main products exported from Chile to Micronesia were Processed Fish ($824k). During the last 5 years the exports of Chile to Micronesia have increased at an annualized rate of 27.1%, from $248k in 2017 to $824k in 2022.

In 2017, Micronesia exported $279 to Chile. The main products exported from Micronesia to Chile were Paintings ($221) and Felt or Coated Fabric Garments ($58). During the last 5 years the exports of Micronesia to Chile have decreased at an annualized rate of 12.5%, from $545 in 2022 to $279 in 2017.

Exports from Chile (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to Chile (Flag) (2022)

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Micronesia
Top Destination
Thailand$143M

This map shows whether countries import more from Chile or Micronesia. Each country is colored based on the difference in imports they receive from Chile and Micronesia or the difference in the growth in imports.

In 2022, countries that imported more from Chile than Micronesia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Micronesia than Chile included Fiji ($1.5M).

Difference in imports from Micronesia (Flag) and Chile (Flag) (2022)

Comparative Advantage Chile - Micronesia

Flow
Scale

This chart compares trade between Chile and Micronesia by product, considering products traded by both, Chile and Micronesia.

During 2022, Chile had a large net trade with Micronesia in the exports of Foodstuffs ($824k).

During 2017, Micronesia had a large net trade with Chile in the exports of Arts and Antiques ($221) and Textiles ($58).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Chile and Micronesia. This means that a dot/product with the flag of Chile indicates it has a comparative advantage over Micronesia. Similarly, a dot/product with the flag of Micronesia indicates it has a comparative advantage over Chile.

Product Space of Chile (Flag) and Micronesia (Flag) (2022)

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