Hong Kong (HKG) and Micronesia (FSM) Trade | The Observatory of Economic Complexity

Hong Kong-Micronesia Trade: In 2022, Hong Kong exported $3.72M to Micronesia. The main products that Hong Kong exported to Micronesia were N/A. Over the past 5 years the exports of Hong Kong to Micronesia have increased at an annualized rate of 2.18%, from $3.34M in 2017 to $3.72M in 2022.

In 2022, Hong Kong did not export any services to Micronesia.

Micronesia-Hong Kong Trade: In 2022, Micronesia exported $8.96k to Hong Kong. The main products that Micronesia exported to Hong Kong were Broadcasting Equipment ($5.98k) and Electrical Transformers ($2.99k). Over the past 5 years the exports of Micronesia to Hong Kong have decreased at an annualized rate of 34%, from $71.8k in 2017 to $8.96k in 2022.

In 2022, Micronesia did not export any services to Hong Kong.

Comparison In 2022, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Latest Data

Trade between Hong Kong () and Micronesia ()

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$23.4B

Micronesia
Top DestinationThailand$143M

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

In 2022, countries that imported more from Hong Kong than Micronesia included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, no countries were registered that imported more from Micronesia than from Hong Kong.

Difference in imports from Micronesia () and Hong Kong () (2022)

Economic Complexity

Competitive Landscape

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

About