Micronesia (FSM) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Micronesia-Colombia Trade: In 2022, Micronesia exported $3k to Colombia. The main products that Micronesia exported to Colombia were Medical Instruments ($2.73k), Special Pharmaceuticals ($219), and Centrifuges ($52). Over the past 6 years the exports of Micronesia to Colombia have increased at an annualized rate of 29.7%, from $631 in 2016 to $3k in 2022.

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

Colombia-Micronesia In N/A, Colombia did not export any products to Micronesia.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Micronesia exported $3k to Colombia. The main products exported from Micronesia to Colombia were Medical Instruments ($2.73k), Special Pharmaceuticals ($219), and Centrifuges ($52). During the last 6 years the exports of Micronesia to Colombia have increased at an annualized rate of 29.7%, from $631 in 2016 to $3k in 2022.

Colombia does not register exports to Micronesia.

Exports from Micronesia () to Colombia () (2022)

Exports from Colombia () to Micronesia () (2022)

Latest Data

Trade between Micronesia () and Colombia ()

Colombia Exports

Date

Dec 2018

Aug 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$143M

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Micronesia than Colombia included Thailand ($143M), Philippines ($22.7M), and Fiji ($1.5M).

In 2022, countries that imported more from Colombia than Micronesia included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Micronesia - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Micronesia had a large net trade with Colombia in the exports of Instruments ($2.73k), Chemical Products ($219), and Machines ($52).

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 Colombia. This means that a dot/product with the flag of Micronesia indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Micronesia.

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Historical Data

Bilateral Trade by Products

Exports from Micronesia () to Colombia () (2022)

Exports from Colombia () to Micronesia () (2022)

Latest Data

Trade between Micronesia () and Colombia ()

Colombia Exports

Market Competitiveness

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

Comparative Advantage Micronesia - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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