2022
Exports
$112kWorld Rnk 155 / 222
Flag Rnk 11 / 125
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$713kWorld Rnk 206 / 225
Flag Rnk 53 / 567

About

The fastest growing export markets for Insulated Wire of Micronesia between 2021 and 2022 were Netherlands ($89k), United States ($7.23k), and China ($772).

Imports In 2022, Micronesia imported $713k in Insulated Wire, becoming the 206th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 53rd most imported product in Micronesia. Micronesia imports Insulated Wire primarily from: China ($452k), United States ($206k), Hong Kong ($43.5k), Japan ($6.95k), and Fiji ($3.87k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Insulated Wire. 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

Color
EXPORTS (2022)$112k
IMPORTS (2022)$713k
NET TRADE (2022)-$601k

In 2022, Micronesia imported $713k in Insulated Wire, mainly from China ($452k), United States ($206k), Hong Kong ($43.5k), Japan ($6.95k), and Fiji ($3.87k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Micronesia WERE (2021 - 2022):
Netherlands$89k (1%)
United States$7.23k (48.4%)
China$772 (2.14k%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Micronesia's main exporting competitors in Insulated Wire were:
In 2022, Micronesia's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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