2022
Flag  
GDP
$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH
30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 74 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Micronesia-Saudi Arabia Trade: In 2021, Micronesia exported $4.05k to Saudi Arabia. The main products that Micronesia exported to Saudi Arabia were N/A. Over the past 6 years the exports of Micronesia to Saudi Arabia have decreased at an annualized rate of 58.2%, from $763k in 2015 to $4.05k in 2021.

In 2021, Micronesia did not export any services to Saudi Arabia.

Saudi Arabia-Micronesia Trade: In 2021, Saudi Arabia exported $32.2k to Micronesia. The main products that Saudi Arabia exported to Micronesia were N/A. Over the past 6 years the exports of Saudi Arabia to Micronesia have decreased at an annualized rate of 4.58%,  from $49.1k in 2015 to $32.2k in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Micronesia exported $4.05k to Saudi Arabia. There were not main exports from Micronesia to Saudi Arabia in 2021. During the last 6 years the exports of Micronesia to Saudi Arabia have decreased at an annualized rate of 58.2%, from $763k in 2015 to $4.05k in 2021.

In 2013, Saudi Arabia exported $32.2k to Micronesia. There were not main exports from Saudi Arabia to Micronesia in 2013. During the last 5 years the exports of Saudi Arabia to Micronesia have decreased at an annualized rate of 4.58%, from $49.1k in 2018 to $32.2k in 2013.

Exports from Micronesia (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Micronesia (Flag) (2021)

Market Competitiveness

Color
Micronesia
Top Destination
Thailand$143M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Micronesia than Saudi Arabia included Fiji ($1.5M).

In 2022, countries that imported more from Saudi Arabia than Micronesia included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Micronesia (Flag) (2022)

Comparative Advantage Micronesia - Saudi Arabia

Flow
Scale

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

During 2021, Micronesia had a large net trade with Saudi Arabia in the exports of .

During 2013, Saudi Arabia 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 Saudi Arabia. This means that a dot/product with the flag of Micronesia indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Micronesia.

Product Space of Micronesia (Flag) and Saudi Arabia (Flag) (2021)

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