Micronesia (FSM) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Micronesia-Ireland Trade: In 2023, Micronesia exported $63.3k to Ireland. The main products that Micronesia exported to Ireland were Non-Knit Women's Suits ($49.1k), Broadcasting Equipment ($7.38k), and Thermostats ($2.1k). Over the past 5 years the exports of Micronesia to Ireland have decreased at an annualized rate of 1.54%, from $68.5k in 2018 to $63.3k in 2023.

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

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

In 2023, Ireland 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Micronesia exported $63.3k to Ireland. The main products exported from Micronesia to Ireland were Non-Knit Women's Suits ($49.1k), Broadcasting Equipment ($7.38k), and Thermostats ($2.1k). During the last 5 years the exports of Micronesia to Ireland have decreased at an annualized rate of 1.54%, from $68.5k in 2018 to $63.3k in 2023.

Ireland does not register exports to Micronesia. The main products exported from Ireland to Micronesia were Computers ($19.6k) and Office Machine Parts ($108).

Exports from Micronesia () to Ireland () (2023)

Exports from Ireland () to Micronesia () (2023)

Latest Data

Trade between Micronesia () and Ireland ()

Ireland Exports

Date

Mar 2021

Jul 2016

Nov 2013

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Micronesia
Top DestinationThailand$121M

Ireland
Top DestinationUnited States$67.4B

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

In 2023, countries that imported more from Micronesia than Ireland included Fiji ($592k) and Samoa ($11.5k).

In 2023, countries that imported more from Ireland than Micronesia included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

Comparative Advantage Micronesia - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Micronesia had a large net trade with Ireland in the exports of Textiles ($52k), Machines ($8.21k), and Instruments ($2.1k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Micronesia () to Ireland () (2023)

Exports from Ireland () to Micronesia () (2023)

Latest Data

Trade between Micronesia () and Ireland ()

Ireland Exports

Market Competitiveness

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

Comparative Advantage Micronesia - Ireland

Economic Complexity

Competitive Landscape

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

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