Philippines-Micronesia Trade: In 2022, Philippines exported $6.1M to Micronesia. The main products that Philippines exported to Micronesia were Aircraft Parts ($1.33M), Sauces and Seasonings ($709k), and Baked Goods ($624k). Over the past 5 years the exports of Philippines to Micronesia have decreased at an annualized rate of 5.43%, from $8.06M in 2017 to $6.1M in 2022.
In 2022, Philippines did not export any services to Micronesia.
Micronesia-Philippines Trade: In 2022, Micronesia exported $22.7M to Philippines. The main products that Micronesia exported to Philippines were Non-fillet Frozen Fish ($22.3M), Aircraft Parts ($340k), and Engine Parts ($15.5k). Over the past 5 years the exports of Micronesia to Philippines have increased at an annualized rate of 24.6%, from $7.56M in 2017 to $22.7M in 2022.
In 2022, Micronesia did not export any services to Philippines.
Comparison In 2022, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.