Micronesia (FSM) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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Micronesia-Ecuador Trade: In 2023, Micronesia exported $2.52M to Ecuador. The main products that Micronesia exported to Ecuador were Non-fillet Frozen Fish ($2.42M) and Other Inedible Animal Products ($97.6k). Over the past 10 years the exports of Micronesia to Ecuador have increased at an annualized rate of 24.9%, from $273k in 2013 to $2.52M in 2023.

In 2023, Micronesia did not export any services to Ecuador.

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

In 2023, Ecuador did not export any services to Micronesia.

Comparison In 2023, Micronesia ranked 188 in total exports ($190M), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Micronesia exported $2.52M to Ecuador. The main products exported from Micronesia to Ecuador were Non-fillet Frozen Fish ($2.42M) and Other Inedible Animal Products ($97.6k). During the last 10 years the exports of Micronesia to Ecuador have increased at an annualized rate of 24.9%, from $273k in 2013 to $2.52M in 2023.

Ecuador does not register exports to Micronesia.

Exports from Micronesia () to Ecuador () (2023)

Exports from Ecuador () to Micronesia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$121M

Ecuador
Top DestinationUnited States$8.34B

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 2023, countries that imported more from Micronesia than Ecuador included Thailand ($121M), Philippines ($21.5M), and Botswana ($1.01M).

In 2023, countries that imported more from Ecuador than Micronesia included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

Difference in imports from Ecuador () and Micronesia () (2023)

Comparative Advantage Micronesia - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Micronesia had a large net trade with Ecuador in the exports of Animal Products ($2.52M).

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Micronesia () to Ecuador () (2023)

Exports from Ecuador () to Micronesia () (2023)

Market Competitiveness

Difference in imports from Ecuador () and Micronesia () (2023)

Comparative Advantage Micronesia - Ecuador

Economic Complexity

Competitive Landscape

Product Space of Micronesia () and Ecuador () (2023)

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