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Pricing

2022
Flag → Flag
Exports $71.2kRnk 216 / 224
2022
Flag → Flag
Top Product $44kIndustrial Furnaces
2022
Flag → Flag
Exports $322kRnk 9 / 52
2022
Flag → Flag
Top Product $143kIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186

About

United Kingdom-Micronesia Trade: In 2022, United Kingdom exported $71.2k to Micronesia. The main products that United Kingdom exported to Micronesia were Industrial Furnaces ($44k), Other Measuring Instruments ($11.2k), and Chemical Analysis Instruments ($4.39k). Over the past 5 years the exports of United Kingdom to Micronesia have decreased at an annualized rate of 27.5%, from $356k in 2017 to $71.2k in 2022.

In 2022, United Kingdom did not export any services to Micronesia.

Micronesia-United Kingdom Trade: In 2022, Micronesia exported $322k to United Kingdom. The main products that Micronesia exported to United Kingdom were Integrated Circuits ($143k), Non-Knit Women's Suits ($59.2k), and Molluscs ($33.2k). Over the past 5 years the exports of Micronesia to United Kingdom have increased at an annualized rate of 41.2%,  from $57.3k in 2017 to $322k in 2022.

In 2022, Micronesia did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, United Kingdom exported £N/A and imported £N/A from Micronesia, resulting in a N/A trade balance of £N/A. Between N/A and N/A the exports of United Kingdom have N/A by £N/A (N/A) from £N/A to £N/A, while imports N/A by £N/A (N/A) from £N/A to £N/A.

Trade In N/A, the top exports of United Kingdom to Micronesia were Brochures (£2.72k) and Micro-Organism Culture Preparations (£1.1k). In N/A the top imports of United Kingdom from Micronesia were .

Origins In N/A the exports of United Kingdom were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in United Kingdom's year-by-year exports to Micronesia was explained primarily by an decrease in product exports in . In N/A, the N/A in United Kingdom's year-by-year imports  from Micronesia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Micronesia and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $71.2k to Micronesia. The main products exported from United Kingdom to Micronesia were Industrial Furnaces ($44k), Other Measuring Instruments ($11.2k), and Chemical Analysis Instruments ($4.39k). During the last 5 years the exports of United Kingdom to Micronesia have decreased at an annualized rate of 27.5%, from $356k in 2017 to $71.2k in 2022.

In 2017, Micronesia exported $322k to United Kingdom. The main products exported from Micronesia to United Kingdom were Integrated Circuits ($143k), Non-Knit Women's Suits ($59.2k), and Molluscs ($33.2k). During the last 5 years the exports of Micronesia to United Kingdom have increased at an annualized rate of 41.2%, from $57.3k in 2022 to $322k in 2017.

Exports from United Kingdom (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Micronesia
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Micronesia (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Micronesia

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Micronesia in the exports of Machines ($51.5k), Instruments ($17k), and Metals ($2.69k).

During 2017, Micronesia had a large net trade with United Kingdom in the exports of Machines ($167k), Textiles ($89.5k), and Animal Products ($33.2k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Micronesia (Flag) (2022)

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