2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
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GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP
$460MCURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP GROWTH
45%CURRENT US$
Rnk 85 / 195
2023
Flag
GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC
$4,084CURRENT US$
Rnk 130 / 196
2013-2023
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GDP PC GROWTH
39.2%CURRENT US$
Rnk 62 / 195

About

Saudi Arabia-Micronesia Trade: In 2018, Saudi Arabia exported $32.2k to Micronesia. The main products that Saudi Arabia exported to Micronesia were N/A. Over the past 9 years the exports of Saudi Arabia to Micronesia have decreased at an annualized rate of 17.1%, from $174k in 2009 to $32.2k in 2018.

In 2018, Saudi Arabia did not export any services to Micronesia.

Micronesia-Saudi Arabia Trade: In 2018, Micronesia exported $31.6k to Saudi Arabia. The main products that Micronesia exported to Saudi Arabia were Other Plastic Products ($23.7k), Non-Knit Women's Suits ($4.23k), and Felt or Coated Fabric Garments ($1.85k). Over the past 9 years the exports of Micronesia to Saudi Arabia have increased at an annualized rate of 6.23%,  from $23.3k in 2009 to $31.6k in 2018.

In 2018, Micronesia did not export any services to Saudi Arabia.

Comparison In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76),  and 26 in total exports ($300B). That same year, Micronesia ranked 188 in total exports ($190M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Saudi Arabia exported $32.2k to Micronesia. There were not main exports from Saudi Arabia to Micronesia in 2018. During the last 9 years the exports of Saudi Arabia to Micronesia have decreased at an annualized rate of 17.1%, from $174k in 2009 to $32.2k in 2018.

In 2018, Micronesia exported $31.6k to Saudi Arabia. The main products exported from Micronesia to Saudi Arabia were Other Plastic Products ($23.7k), Non-Knit Women's Suits ($4.23k), and Felt or Coated Fabric Garments ($1.85k). During the last 5 years the exports of Micronesia to Saudi Arabia have increased at an annualized rate of 6.23%, from $23.3k in 2023 to $31.6k in 2018.

Exports from Saudi Arabia (Flag) to Micronesia (Flag) (2023)

Exports from Micronesia (Flag) to Saudi Arabia (Flag) (2023)

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Micronesia
Top Destination
Thailand$121M

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

In 2023, countries that imported more from Saudi Arabia than Micronesia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Micronesia than Saudi Arabia included Botswana ($1.01M), Fiji ($592k), and Samoa ($11.5k).

Difference in imports from Micronesia (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Micronesia

Flow
Scale

This chart compares trade between Saudi Arabia and Micronesia by product, considering products traded by both, Saudi Arabia and Micronesia.

During 2018, Saudi Arabia had a large net trade with Micronesia in the exports of .

During 2018, Micronesia had a large net trade with Saudi Arabia in the exports of Plastics and Rubbers ($23.7k), Textiles ($6.08k), and Machines ($1.79k).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Micronesia (Flag) (2023)

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