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2023
Flag → Flag
Exports $27.7kRnk 22 / 58
2023
Flag → Flag
Top Product $12.8kCopper Powder
2023
Flag → Flag
Exports $985kRnk 187 / 221
2023
Flag → Flag
Top Product $321kFlavored Water
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$460MCURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP GROWTH45%CURRENT US$
Rnk 85 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC $4,084CURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP PC GROWTH39.2%CURRENT US$
Rnk 62 / 195
2023
Flag
GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Micronesia-Malaysia Trade: In 2023, Micronesia exported $27.7k to Malaysia. The main products that Micronesia exported to Malaysia were Copper Powder ($12.8k), Non-Knit Women's Suits ($6.3k), and Aluminium Powder ($4.4k). Over the past 7 years the exports of Micronesia to Malaysia have increased at an annualized rate of 15.8%, from $9.94k in 2016 to $27.7k in 2023.

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

Malaysia-Micronesia Trade: In 2023, Malaysia exported $985k to Micronesia. The main products that Malaysia exported to Micronesia were Flavored Water ($321k), Malt Extract ($196k), and Palm Oil ($165k). Over the past 7 years the exports of Malaysia to Micronesia have increased at an annualized rate of 9.51%,  from $625k in 2016 to $985k in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Micronesia exported $27.7k to Malaysia. The main products exported from Micronesia to Malaysia were Copper Powder ($12.8k), Non-Knit Women's Suits ($6.3k), and Aluminium Powder ($4.4k). During the last 7 years the exports of Micronesia to Malaysia have increased at an annualized rate of 15.8%, from $9.94k in 2016 to $27.7k in 2023.

In 2018, Malaysia exported $985k to Micronesia. The main products exported from Malaysia to Micronesia were Flavored Water ($321k), Malt Extract ($196k), and Palm Oil ($165k). During the last 5 years the exports of Malaysia to Micronesia have increased at an annualized rate of 9.51%, from $625k in 2023 to $985k in 2018.

Exports from Micronesia (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Micronesia (Flag) (2023)

Latest Data

Trade between Micronesia (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Micronesia
Top DestinationThailand$121M
Malaysia
Top DestinationChina$79.8B

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

In 2023, no countries were registered that imported more from Micronesia than from Malaysia.

In 2023, countries that imported more from Malaysia than Micronesia included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and Micronesia (Flag) (2023)

Comparative Advantage Micronesia - Malaysia

Flow
Scale

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

During 2023, Micronesia had a large net trade with Malaysia in the exports of N/A.

During 2018, Malaysia had a large net trade with Micronesia in the exports of Foodstuffs ($683k), Animal and Vegetable Bi-Products ($165k), and Textiles ($62.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Micronesia (Flag) and Malaysia (Flag) (2023)

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