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2022
Flag → Flag
Exports $6.99MRnk 148 / 210
2022
Flag → Flag
Top Product $1.23MTwine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials
2022
Flag → Flag
Exports $36.9kRnk 19 / 52
2022
Flag → Flag
Top Product $36.9kScrap Aluminium
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
 GDP$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 74 / 186

About

Chinese Taipei-Micronesia Trade: In 2022, Chinese Taipei exported $6.99M to Micronesia. The main products that Chinese Taipei exported to Micronesia were Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($1.23M), Rice ($1.1M), and Stranded Iron Wire ($609k). Over the past 5 years the exports of Chinese Taipei to Micronesia have decreased at an annualized rate of 25.8%, from $31M in 2017 to $6.99M in 2022.

In 2022, Chinese Taipei did not export any services to Micronesia.

Micronesia-Chinese Taipei Trade: In 2022, Micronesia exported $36.9k to Chinese Taipei. The main products that Micronesia exported to Chinese Taipei were Scrap Aluminium ($36.9k). Over the past 5 years the exports of Micronesia to Chinese Taipei have decreased at an annualized rate of 13.5%,  from $76k in 2017 to $36.9k in 2022.

In 2022, Micronesia did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94),  and 11 in total exports ($542B). 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
Value

In 2022, Chinese Taipei exported $6.99M to Micronesia. The main products exported from Chinese Taipei to Micronesia were Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($1.23M), Rice ($1.1M), and Stranded Iron Wire ($609k). During the last 5 years the exports of Chinese Taipei to Micronesia have decreased at an annualized rate of 25.8%, from $31M in 2017 to $6.99M in 2022.

In 2017, Micronesia exported $36.9k to Chinese Taipei. The main products exported from Micronesia to Chinese Taipei were Scrap Aluminium ($36.9k). During the last 5 years the exports of Micronesia to Chinese Taipei have decreased at an annualized rate of 13.5%, from $76k in 2022 to $36.9k in 2017.

Exports from Chinese Taipei (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationN/AN/A
Micronesia
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from Micronesia (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Micronesia

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Micronesia in the exports of Textiles ($1.41M), Metals ($1.37M), and Vegetable Products ($1.13M).

During 2017, Micronesia had a large net trade with Chinese Taipei in the exports of Metals ($36.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Micronesia (Flag) (2022)

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