2021
Exports
$66.1kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Mineral Products
0.48Rnk 371 / 1025
2021
Imports
$9.12MWorld Rnk 216 / 226
Flag Rnk 5 / 20

About

Imports In 2022, Micronesia imported $9.12M in Mineral Products, becoming the 216th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 5th most imported product in Micronesia. Micronesia imports Mineral Products primarily from: South Korea ($7.05M), Singapore ($803k), United States ($409k), China ($397k), and Chinese Taipei ($125k).

The fastest growing import markets in Mineral Products for Micronesia between 2021 and 2022 were South Korea ($4.6M), China ($320k), and Singapore ($155k).

Latest Trends

Nov 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 Mineral Products. 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 (2021)$66.1k
IMPORTS (2022)$9.12M
NET TRADE (2022)-$9.12M

In 2022, Micronesia imported $9.12M in Mineral Products, mainly from South Korea ($7.05M), Singapore ($803k), United States ($409k), China ($397k), and Chinese Taipei ($125k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Micronesia WERE (N/A - 2021):
South Korea-$44k (-100%)
Japan-$12.6k (-100%)
Papua New Guinea-$9.47k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Micronesia's main exporting competitors in Mineral Products were:
In 2022, Micronesia's main importing competitors in Mineral Products were:

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Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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