New Zealand (NZL) and Micronesia (FSM) Trade | The Observatory of Economic Complexity

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New Zealand-Micronesia Trade: In 2022, New Zealand exported $1.74M to Micronesia. The main products that New Zealand exported to Micronesia were Sawn Wood ($615k), Plywood ($227k), and Milk ($211k). Over the past 5 years the exports of New Zealand to Micronesia have decreased at an annualized rate of 12%, from $3.31M in 2017 to $1.74M in 2022.

In 2022, New Zealand did not export any services to Micronesia.

Micronesia-New Zealand In N/A, Micronesia did not export any products to New Zealand.

In 2022, Micronesia did not export any services to New Zealand.

Comparison In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Zealand exported $1.74M to Micronesia. The main products exported from New Zealand to Micronesia were Sawn Wood ($615k), Plywood ($227k), and Milk ($211k). During the last 5 years the exports of New Zealand to Micronesia have decreased at an annualized rate of 12%, from $3.31M in 2017 to $1.74M in 2022.

Micronesia does not register exports to New Zealand. The main products exported from Micronesia to New Zealand were Knitted Hats ($2.26k), Broadcasting Equipment ($2.26k), and Low-voltage Protection Equipment ($1.65k).

Exports from New Zealand () to Micronesia () (2022)

Exports from Micronesia () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Micronesia ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationN/AN/A

Micronesia
Top DestinationN/AN/A

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

N/A

Difference in imports from Micronesia () and New Zealand () (2022)

Comparative Advantage New Zealand - Micronesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Micronesia in the exports of Wood Products ($842k), Animal Products ($369k), and Instruments ($111k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Micronesia () (2022)

Exports from Micronesia () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Micronesia ()

New Zealand Exports

Market Competitiveness

Difference in imports from Micronesia () and New Zealand () (2022)

Comparative Advantage New Zealand - Micronesia

Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Micronesia () (2022)

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