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Pricing

2022
Flag → Flag
Exports $565kRnk 194 / 218
2022
Flag → Flag
Top Product $513kNavigation Equipment
2022
Flag → Flag
Exports $23.2kRnk 22 / 52
2022
Flag → Flag
Top Product $17.7kNon-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186

About

Spain-Micronesia Trade: In 2022, Spain exported $565k to Micronesia. The main products that Spain exported to Micronesia were Navigation Equipment ($513k), Video Recording Equipment ($32.9k), and Metal-Clad Products ($10.5k). Over the past 5 years the exports of Spain to Micronesia have decreased at an annualized rate of 4.12%, from $698k in 2017 to $565k in 2022.

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

Micronesia-Spain Trade: In 2022, Micronesia exported $23.2k to Spain. The main products that Micronesia exported to Spain were Non-Knit Women's Suits ($17.7k), Chemical Analysis Instruments ($3.44k), and Non-Knit Women's Shirts ($1.07k). Over the past 5 years the exports of Micronesia to Spain have decreased at an annualized rate of 4.56%,  from $53.8k in 2017 to $23.2k in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Spain 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 Spain 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 Spain to Micronesia were . In N/A the top imports of Spain from Micronesia were Non-Knit Women's Shirts (€274), Non-Knit Women's Suits (€68.6), and Commodities not elsewhere specified (€30.4).

Origins In N/A the exports of Spain were mainly from N/A, while imports destinations were mainly Madrid (€1.65k).

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

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $565k to Micronesia. The main products exported from Spain to Micronesia were Navigation Equipment ($513k), Video Recording Equipment ($32.9k), and Metal-Clad Products ($10.5k). During the last 5 years the exports of Spain to Micronesia have decreased at an annualized rate of 4.12%, from $698k in 2017 to $565k in 2022.

In 2017, Micronesia exported $23.2k to Spain. The main products exported from Micronesia to Spain were Non-Knit Women's Suits ($17.7k), Chemical Analysis Instruments ($3.44k), and Non-Knit Women's Shirts ($1.07k). During the last 5 years the exports of Micronesia to Spain have decreased at an annualized rate of 4.56%, from $53.8k in 2022 to $23.2k in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Micronesia
Top DestinationThailand$143M

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

In 2022, countries that imported more from Spain than Micronesia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Micronesia

Flow
Scale

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

During 2022, Spain had a large net trade with Micronesia in the exports of Machines ($555k), Precious Metals ($10.5k), and Footwear and Headwear ($158).

During 2017, Micronesia had a large net trade with Spain in the exports of Textiles ($19.3k), Instruments ($3.44k), and Chemical Products ($241).

Economic Complexity

Competitive Landscape

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

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

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