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Micronesia, Fed. Sts. Trade Summary

2002

Micronesia, Fed. Sts. exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MICRONESIA, FED. STS. 2002

Overall Exports and Imports for Micronesia, Fed. Sts. 2002

Exports and imports of Micronesia, Fed. Sts. in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 14 million.
  • The total value of imports (CIF) was 104 million.
  • At the HS6 digit level, 18 products were exported to 6 countries and 2 products were imported from 3 countries.

Micronesia, Fed. Sts. top 5 Export and Import partners 2002

Top five countries to which Micronesia, Fed. Sts. exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Micronesia, Fed. Sts. exports to Unspecified worth US$ 6 million, with a partner share of 43.95 percent.
  2. Micronesia, Fed. Sts. exports to United States worth US$ 4 million, with a partner share of 25.51 percent.
  3. Micronesia, Fed. Sts. exports to Japan worth US$ 3 million, with a partner share of 18.74 percent.
  4. Micronesia, Fed. Sts. exports to Guam worth US$ 1 million, with a partner share of 7.90 percent.
  5. Micronesia, Fed. Sts. exports to Northern Mariana Islands worth US$ 0 million, with a partner share of 3.44 percent.

Top five countries from which Micronesia, Fed. Sts. imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Micronesia, Fed. Sts. imports from Unspecified worth US$ 97 million, with a partner share of 93.15 percent.
  2. Micronesia, Fed. Sts. imports from Guam worth US$ 6 million, with a partner share of 5.31 percent.
  3. Micronesia, Fed. Sts. imports from Australia worth US$ 2 million, with a partner share of 1.54 percent.

Micronesia, Fed. Sts. Top 5 Productsexports imports at HS 6 digit level 2002

The top five exported HS 6 digit level products to world by Micronesia, Fed. Sts. along with trade value are:

  1. Micronesia, Fed. Sts. exported Frozen trout , worth 6,200.10 (US$ Thousands).
  2. Micronesia, Fed. Sts. exported Garments, made up of fabrics of 56.02 or 56.03 , worth 3,590.64 (US$ Thousands).
  3. Micronesia, Fed. Sts. exported Fresh or chilled halibut , worth 2,705.66 (US$ Thousands).
  4. Micronesia, Fed. Sts. exported Other nuts, fresh or dried, nes , worth 887.65 (US$ Thousands).
  5. Micronesia, Fed. Sts. exported Other food preparations, nes , worth 250.76 (US$ Thousands).

The top five imported HS 6 digit level products from world by Micronesia, Fed. Sts. along with trade value are

  1. Micronesia, Fed. Sts. imported Petroleum oils, etc, (excl. crude); preparation , worth 7,148.46 (US$ Thousands).

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Micronesia, Fed. Sts. in 2002 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2002

Key Development Indicators of Micronesia, Fed. Sts. in 2002 are below

  • Micronesia, Fed. Sts. GDP in current US dollar was 243 million.
  • GNI per capita, Atlas method (current US$) was 2,170.00 .
  • Micronesia, Fed. Sts. Trade balance: as % of GDP was -53.65.
  • Trade balance in current US$ was -130.00 million.
  • Trade as percentage of GDP was 89.81 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2002

Trade Indicators for Micronesia, Fed. Sts. in 2002 are below

  • Hirschman Herfindahl market concentration index was 0.37.
  • Index of export market penetration was 1.15.
  • World Growth in percentage was 3.38 and Micronesia, Fed. Sts. Country Growth was -14.20 .