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2023
Flag → Flag
Exports $4.4MRnk 177 / 216
2023
Flag → Flag
Top Product $1.79MProcessed Fish
2023
Flag → Flag
Exports $121MRnk 1 / 58
2023
Flag → Flag
Top Product $121MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
 GDP$460MCURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP GROWTH45%CURRENT US$
Rnk 85 / 195
2023
Flag
GDP PC $7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC$4,084CURRENT US$
Rnk 130 / 196
2013-2023
Flag
GDP PC GROWTH39.2%CURRENT US$
Rnk 62 / 195

About

Thailand-Micronesia Trade: In 2023, Thailand exported $4.4M to Micronesia. The main products that Thailand exported to Micronesia were Processed Fish ($1.79M), Raw Sugar ($1.11M), and Coffee and Tea Extracts ($385k). Over the past 5 years the exports of Thailand to Micronesia have increased at an annualized rate of 5.83%, from $3.31M in 2018 to $4.4M in 2023.

In 2023, Thailand did not export any services to Micronesia.

Micronesia-Thailand Trade: In 2023, Micronesia exported $121M to Thailand. The main products that Micronesia exported to Thailand were Non-fillet Frozen Fish ($121M), Non-Knit Women's Suits ($3.43k), and Non-Knit Women's Shirts ($169). Over the past 5 years the exports of Micronesia to Thailand have increased at an annualized rate of 11.8%,  from $69.2M in 2018 to $121M in 2023.

In 2023, Micronesia did not export any services to Thailand.

Comparison In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96),  and 25 in total exports ($332B). 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 2023, Thailand exported $4.4M to Micronesia. The main products exported from Thailand to Micronesia were Processed Fish ($1.79M), Raw Sugar ($1.11M), and Coffee and Tea Extracts ($385k). During the last 5 years the exports of Thailand to Micronesia have increased at an annualized rate of 5.83%, from $3.31M in 2018 to $4.4M in 2023.

In 2018, Micronesia exported $121M to Thailand. The main products exported from Micronesia to Thailand were Non-fillet Frozen Fish ($121M), Non-Knit Women's Suits ($3.43k), and Non-Knit Women's Shirts ($169). During the last 5 years the exports of Micronesia to Thailand have increased at an annualized rate of 11.8%, from $69.2M in 2023 to $121M in 2018.

Exports from Thailand (Flag) to Micronesia (Flag) (2023)

Exports from Micronesia (Flag) to Thailand (Flag) (2023)

Latest Data

Trade between Thailand (Flag) and Micronesia (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$58.5B
Micronesia
Top DestinationThailand$121M

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

In 2023, countries that imported more from Thailand than Micronesia included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Difference in imports from Micronesia (Flag) and Thailand (Flag) (2023)

Comparative Advantage Thailand - Micronesia

Flow
Scale

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

During 2023, Thailand had a large net trade with Micronesia in the exports of Foodstuffs ($3.44M), Transportation ($254k), and Mineral Products ($178k).

During 2018, Micronesia had a large net trade with Thailand in the exports of Animal Products ($121M), Textiles ($3.6k), and Paper Goods ($22).

Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Micronesia (Flag) (2023)

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