2021
Exports
$72.7kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2021
Imports
$1.52MWorld Rnk 221 / 226
Flag Rnk 22 / 586

About

Imports In 2023, Micronesia imported $1.52M in Refined Petroleum, becoming the 221st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 22nd most imported product in Micronesia. Micronesia imports Refined Petroleum primarily from: United States ($727k), Singapore ($438k), Samoa ($126k), Chinese Taipei ($116k), and China ($68.1k).

The fastest growing import markets in Refined Petroleum for Micronesia between 2022 and 2023 were United States ($373k), Samoa ($126k), and Chinese Taipei ($42.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Refined Petroleum. 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)$72.7k
IMPORTS (2023)$1.52M
NET TRADE (2023)-$1.52M

In 2023, Micronesia imported $1.52M in Refined Petroleum, mainly from United States ($727k), Singapore ($438k), Samoa ($126k), Chinese Taipei ($116k), and China ($68.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Micronesia's main exporting competitors in Refined Petroleum were:
In 2023, Micronesia's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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