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Pricing

2023
Flag → Flag
Exports $105kRnk 210 / 223
2023
Flag → Flag
Top Product $26.1kEngine Parts
2023
Flag → Flag
Exports $239kRnk 11 / 58
2023
Flag → Flag
Top Product $107kNon-Knit Women's Suits
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$460MCURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP GROWTH45%CURRENT US$
Rnk 85 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$4,084CURRENT US$
Rnk 130 / 196
2013-2023
Flag
GDP PC GROWTH39.2%CURRENT US$
Rnk 62 / 195

About

United Kingdom-Micronesia Trade: In 2023, United Kingdom exported $105k to Micronesia. The main products that United Kingdom exported to Micronesia were Engine Parts ($26.1k), High-voltage Protection Equipment ($15.4k), and Therapeutic Appliances ($9.73k). Over the past 5 years the exports of United Kingdom to Micronesia have decreased at an annualized rate of 0.61%, from $108k in 2018 to $105k in 2023.

In 2023, United Kingdom did not export any services to Micronesia.

Micronesia-United Kingdom Trade: In 2023, Micronesia exported $239k to United Kingdom. The main products that Micronesia exported to United Kingdom were Non-Knit Women's Suits ($107k), Other Plastic Products ($28.4k), and Molluscs ($22.9k). Over the past 5 years the exports of Micronesia to United Kingdom have increased at an annualized rate of 5.15%,  from $186k in 2018 to $239k in 2023.

In 2023, Micronesia did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Micronesia ranked 188 in total exports ($190M), 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 . In N/A the top imports of United Kingdom from Micronesia were .

Origins In N/A the exports of United Kingdom were mainly from Liverpool (£44.4k), London Heathrow Airport (£10.1k), and East Midlands Airport (£4.38k), 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
MAIN EXPORTER (N/A)Liverpool£44.4k

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 2023, United Kingdom exported $105k to Micronesia. The main products exported from United Kingdom to Micronesia were Engine Parts ($26.1k), High-voltage Protection Equipment ($15.4k), and Therapeutic Appliances ($9.73k). During the last 5 years the exports of United Kingdom to Micronesia have decreased at an annualized rate of 0.61%, from $108k in 2018 to $105k in 2023.

In 2018, Micronesia exported $239k to United Kingdom. The main products exported from Micronesia to United Kingdom were Non-Knit Women's Suits ($107k), Other Plastic Products ($28.4k), and Molluscs ($22.9k). During the last 5 years the exports of Micronesia to United Kingdom have increased at an annualized rate of 5.15%, from $186k in 2023 to $239k in 2018.

Exports from United Kingdom (Flag) to Micronesia (Flag) (2023)

Exports from Micronesia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Micronesia
Top DestinationThailand$121M

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.

In 2023, countries that imported more from United Kingdom than Micronesia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Micronesia (Flag) and United Kingdom (Flag) (2023)

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 2023, United Kingdom had a large net trade with Micronesia in the exports of Machines ($72.3k), Instruments ($25.3k), and Paper Goods ($3.38k).

During 2018, Micronesia had a large net trade with United Kingdom in the exports of Textiles ($118k), Plastics and Rubbers ($28.4k), and Precious Metals ($24.2k).

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) (2023)

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