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2022
Flag → Flag
Exports $3.47MRnk 4 / 52
2022
Flag → Flag
Top Product $3.41MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $3.47kRnk 103 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Micronesia-Ecuador Trade: In 2022, Micronesia exported $3.47M to Ecuador. The main products that Micronesia exported to Ecuador were Non-fillet Frozen Fish ($3.41M) and Other Inedible Animal Products ($60.8k). Over the past 12 years the exports of Micronesia to Ecuador have decreased at an annualized rate of 11%, from $14.1M in 2010 to $3.47M in 2022.

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

Ecuador-Micronesia Trade: In 2022, Ecuador exported $3.47k to Micronesia. The main products that Ecuador exported to Micronesia were N/A. Over the past 12 years the exports of Ecuador to Micronesia have decreased at an annualized rate of 26%,  from $15.6k in 2010 to $3.47k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Micronesia exported $3.47M to Ecuador. The main products exported from Micronesia to Ecuador were Non-fillet Frozen Fish ($3.41M) and Other Inedible Animal Products ($60.8k). During the last 12 years the exports of Micronesia to Ecuador have decreased at an annualized rate of 11%, from $14.1M in 2010 to $3.47M in 2022.

In 2008, Ecuador exported $3.47k to Micronesia. There were not main exports from Ecuador to Micronesia in 2008. During the last 5 years the exports of Ecuador to Micronesia have decreased at an annualized rate of 26%, from $15.6k in 2013 to $3.47k in 2008.

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

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

Market Competitiveness

Color
Micronesia
Top DestinationThailand$143M
Ecuador
Top DestinationUnited States$9.86B

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

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

In 2022, countries that imported more from Ecuador than Micronesia included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Micronesia - Ecuador

Flow
Scale

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

During 2022, Micronesia had a large net trade with Ecuador in the exports of Animal Products ($3.47M).

During 2008, Ecuador had a large net trade with Micronesia in the exports of .

Economic Complexity

Competitive Landscape

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

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

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