Germany (DEU) and Micronesia (FSM) Trade | The Observatory of Economic Complexity

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Germany-Micronesia Trade: In 2022, Germany exported $66.7k to Micronesia. The main products that Germany exported to Micronesia were Household Washing Machines ($26.6k), Machinery Having Individual Functions ($19.2k), and Ink ($8.27k). Over the past 5 years the exports of Germany to Micronesia have decreased at an annualized rate of 4.86%, from $85.6k in 2017 to $66.7k in 2022.

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

Micronesia-Germany Trade: In 2022, Micronesia exported $699k to Germany. The main products that Micronesia exported to Germany were Integrated Circuits ($617k), Non-Knit Women's Suits ($49.9k), and Molluscs ($14.9k). Over the past 5 years the exports of Micronesia to Germany have increased at an annualized rate of 120%, from $13.6k in 2017 to $699k in 2022.

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

Comparison In 2022, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

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Overview In N/A, Germany exported €N/A and imported €N/A from Micronesia, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Germany have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Germany to Micronesia were . In N/A the top imports of Germany from Micronesia were .

Origins In N/A the exports of Germany were mainly from N/A, while imports destinations were mainly Hesse (€0).

Growth In N/A, the N/A in Germany's year-by-year exports to Micronesia was explained primarily by an decrease in product exports in . In N/A, the N/A in Germany's year-by-year imports from Micronesia was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Micronesia and Germany trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Germany exported $66.7k to Micronesia. The main products exported from Germany to Micronesia were Household Washing Machines ($26.6k), Machinery Having Individual Functions ($19.2k), and Ink ($8.27k). During the last 5 years the exports of Germany to Micronesia have decreased at an annualized rate of 4.86%, from $85.6k in 2017 to $66.7k in 2022.

In 2017, Micronesia exported $699k to Germany. The main products exported from Micronesia to Germany were Integrated Circuits ($617k), Non-Knit Women's Suits ($49.9k), and Molluscs ($14.9k). During the last 5 years the exports of Micronesia to Germany have increased at an annualized rate of 120%, from $13.6k in 2022 to $699k in 2017.

Exports from Germany () to Micronesia () (2022)

Exports from Micronesia () to Germany () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Germany
Top DestinationUnited States$153B

Micronesia
Top DestinationThailand$143M

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

In 2022, countries that imported more from Germany than Micronesia included United States ($153B), France ($120B), and China ($109B).

In 2022, no countries were registered that imported more from Micronesia than from Germany.

Difference in imports from Micronesia () and Germany () (2022)

Comparative Advantage Germany - Micronesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Germany had a large net trade with Micronesia in the exports of Machines ($53.7k), Chemical Products ($8.27k), and Arts and Antiques ($4.21k).

During 2017, Micronesia had a large net trade with Germany in the exports of Machines ($618k), Textiles ($66.3k), and Animal Products ($14.9k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Germany () to Micronesia () (2022)

Exports from Micronesia () to Germany () (2022)

Market Competitiveness

Difference in imports from Micronesia () and Germany () (2022)

Comparative Advantage Germany - Micronesia

Economic Complexity

Competitive Landscape

Product Space of Germany () and Micronesia () (2022)

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