Compasses in Micronesia | The Observatory of Economic Complexity

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Imports In 2022, Micronesia imported $117k in Compasses, becoming the 164th largest importer of Compasses in the world. At the same year, Compasses was the 157th most imported product in Micronesia. Micronesia imports Compasses primarily from: Norway ($69.3k), Singapore ($26.8k), Japan ($16.1k), Chinese Taipei ($3.66k), and United Kingdom ($1.34k).

The fastest growing import markets in Compasses for Micronesia between 2021 and 2022 were Norway ($69.3k) and Singapore ($26.8k).

Latest Trends

Nov 2024

Subnational Monthly Trade

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Compasses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

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Trade Value

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Year

EXPORTS (2018)$2.38k

IMPORTS (2022)$117k

NET TRADE (2022)-$117k

In 2022, Micronesia imported $117k in Compasses, mainly from Norway ($69.3k), Singapore ($26.8k), Japan ($16.1k), Chinese Taipei ($3.66k), and United Kingdom ($1.34k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

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Imports

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Ending

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Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Micronesia's main exporting competitors in Compasses were:

United States $1.62B

United Kingdom $1.13B

France $911M

In 2022, Micronesia's main importing competitors in Compasses were:

United States $1.53B

United Kingdom $571M

France $529M

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Trade Value of Compasses by Exporters

Potential Exports

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Exports

Imports

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Compasses’s highest export potential is N/A. With an export gap of N/A. Compasses’s highest import potential is N/A with an import gap of N/A.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2022)

Import Origins (2022)

Market Growth

Change in Exports by Market (2021 - 2022)

Market Concentration

Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

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