Spices in Micronesia | The Observatory of Economic Complexity

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2010
Exports $2.77kWorld Rnk 0 / 0
Flag

Rnk 0 / 0

falsefalseN/A

2022
PRODUCT COMPLEXITY IN Spices-1.63Rnk 964 / 1025

2010
Imports $16.1kWorld Rnk 210 / 223
Flag

Rnk 306 / 567

Image 1

Link: custom-image-1682

Image 2

Image by Department of Foreign Affairs and Trade
Link: https://flic.kr/p/jW3ux2

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Historical Data
Potential Exports

About

Imports In 2022, Micronesia imported $16.1k in Spices, becoming the 210th largest importer of Spices in the world. At the same year, Spices was the 306th most imported product in Micronesia. Micronesia imports Spices primarily from: Hong Kong ($14.2k), Singapore ($1.48k), and Chinese Taipei ($403).

The fastest growing import markets in Spices for Micronesia between 2021 and 2022 were Hong Kong ($7.28k), Singapore ($437), and Chinese Taipei ($403).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Exports

Imports

Y-AXIS SCALE

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Value

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 Spices. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2010)$2.77k

IMPORTS (2022)$16.1k

NET TRADE (2022)-$16.1k

In 2022, Micronesia imported $16.1k in Spices, mainly from Hong Kong ($14.2k), Singapore ($1.48k), and Chinese Taipei ($403).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

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Exports

Imports

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Ending

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Change in Exports by Market (2021 - 2022)

Market Concentration

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Export

Import

Type

Value

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

Netherlands $203M

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

United States $364M

Netherlands $167M

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow

Exports

Imports

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N/A

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

See methodology.

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