Micronesia (FSM) and Chile (CHL) Trade | The Observatory of Economic Complexity

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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.

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $279 in 2022.

In 2017, 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 2022 to $824k in 2017.

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

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

Latest Data

Trade between Micronesia () and Chile ()

Chile Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$143M

Chile
Top DestinationChina$38.5B

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

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

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

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

Comparative Advantage Micronesia - Chile

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Micronesia had a large net trade with Chile in the exports of Arts and Antiques ($221) and Textiles ($58).

During 2017, Chile had a large net trade with Micronesia in the exports of Foodstuffs ($824k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Micronesia () and Chile ()

Chile Exports

Market Competitiveness

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

Comparative Advantage Micronesia - Chile

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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