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Micronesia, Fed. Sts. Trade Summary

2004

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. 2004

Overall Exports and Imports for Micronesia, Fed. Sts. 2004

Exports and imports of Micronesia, Fed. Sts. in 2004 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 133 million.
  • At the HS6 digit level, 17 products were exported to 6 countries and 3,092 products were imported from 70 countries.

Micronesia, Fed. Sts. top 5 Export and Import partners 2004

Top five countries to which Micronesia, Fed. Sts. exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Micronesia, Fed. Sts. exports to Unspecified worth US$ 7 million, with a partner share of 52.95 percent.
  2. Micronesia, Fed. Sts. exports to Japan worth US$ 3 million, with a partner share of 21.44 percent.
  3. Micronesia, Fed. Sts. exports to United States worth US$ 3 million, with a partner share of 20.86 percent.
  4. Micronesia, Fed. Sts. exports to Guam worth US$ 0 million, with a partner share of 3.41 percent.
  5. Micronesia, Fed. Sts. exports to Northern Mariana Islands worth US$ 0 million, with a partner share of 1.02 percent.

Top five countries from which Micronesia, Fed. Sts. imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Micronesia, Fed. Sts. imports from United States worth US$ 52 million, with a partner share of 39.17 percent.
  2. Micronesia, Fed. Sts. imports from Guam worth US$ 19 million, with a partner share of 14.04 percent.
  3. Micronesia, Fed. Sts. imports from Japan worth US$ 15 million, with a partner share of 11.48 percent.
  4. Micronesia, Fed. Sts. imports from Hong Kong, China worth US$ 8 million, with a partner share of 5.80 percent.
  5. Micronesia, Fed. Sts. imports from Australia worth US$ 7 million, with a partner share of 5.66 percent.

Micronesia, Fed. Sts. Top 5 Productsexports imports at HS 6 digit level 2004

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 7,261.66 (US$ Thousands).
  2. Micronesia, Fed. Sts. exported Fresh or chilled halibut , worth 3,000.74 (US$ Thousands).
  3. Micronesia, Fed. Sts. exported Garments, made up of fabrics of 56.02 or 56.03 , worth 2,901.85 (US$ Thousands).
  4. Micronesia, Fed. Sts. exported Other nuts, fresh or dried, nes , worth 351.32 (US$ Thousands).
  5. Micronesia, Fed. Sts. exported Copra , worth 174.94 (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 19,608.82 (US$ Thousands).
  2. Micronesia, Fed. Sts. imported Broken rice , worth 5,041.64 (US$ Thousands).
  3. Micronesia, Fed. Sts. imported Beer made from malt , worth 2,975.69 (US$ Thousands).
  4. Micronesia, Fed. Sts. imported Automobiles with reciprocating piston engine di , worth 2,842.50 (US$ Thousands).
  5. Micronesia, Fed. Sts. imported Frozen cuts and offal of chicken (excl. livers) , worth 2,366.48 (US$ Thousands).

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Micronesia, Fed. Sts. in 2004 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 2004

Key Development Indicators of Micronesia, Fed. Sts. in 2004 are below

  • Micronesia, Fed. Sts. GDP in current US dollar was 240 million.
  • GNI per capita, Atlas method (current US$) was 2,340.00 .
  • Micronesia, Fed. Sts. Trade balance: as % of GDP was -62.66.
  • Trade balance in current US$ was -151.00 million.
  • Trade as percentage of GDP was 93.72 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2004

Trade Indicators for Micronesia, Fed. Sts. in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.38.
  • Index of export market penetration was 1.16.
  • World Growth in percentage was 10.40 and Micronesia, Fed. Sts. Country Growth was -7.87 .