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falsefalseN/A
2023
PRODUCT COMPLEXITY IN Navigation Equipment1.03Rnk 167 / 1025
2018
ImportsfalseWorld Rnk 176 / 223
Flag Rnk 79 / 586

About

Imports In 2023, Micronesia imported $385k in Navigation Equipment, becoming the 176th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 79th most imported product in Micronesia. Micronesia imports Navigation Equipment primarily from: Spain ($255k), United States ($93k), Chinese Taipei ($25.6k), Singapore ($4.69k), and Japan ($3.32k).

The fastest growing import markets in Navigation Equipment for Micronesia between 2022 and 2023 were Singapore ($4.69k) and New Zealand ($3.2k).

Latest Trends

Dec 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 Navigation Equipment. 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
IMPORTS (2023)$385k

In 2023, Micronesia imported $385k in Navigation Equipment, mainly from Spain ($255k), United States ($93k), Chinese Taipei ($25.6k), Singapore ($4.69k), and Japan ($3.32k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Micronesia's main exporting competitors in Navigation Equipment were:
China $3.35B
United States $3.12B
Germany $1.92B
In 2023, Micronesia's main importing competitors in Navigation Equipment were:
United States $4.43B
Germany $2.3B
China $1.81B

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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