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Micronesia, Fed. Sts. Trade Summary

2008

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. 2008

Overall Exports and Imports for Micronesia, Fed. Sts. 2008

Exports and imports of Micronesia, Fed. Sts. in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 21 million.
  • The total value of imports (CIF) was 160 million.
  • At the HS6 digit level, 17 products were exported to 5 countries and 2,831 products were imported from 63 countries.

Micronesia, Fed. Sts. top 5 Export and Import partners 2008

Top five countries to which Micronesia, Fed. Sts. exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Micronesia, Fed. Sts. exports to Unspecified worth US$ 17 million, with a partner share of 81.02 percent.
  2. Micronesia, Fed. Sts. exports to Guam worth US$ 3 million, with a partner share of 15.18 percent.
  3. Micronesia, Fed. Sts. exports to United States worth US$ 0 million, with a partner share of 1.90 percent.
  4. Micronesia, Fed. Sts. exports to Northern Mariana Islands worth US$ 0 million, with a partner share of 1.23 percent.
  5. Micronesia, Fed. Sts. exports to Marshall Islands worth US$ 0 million, with a partner share of 0.67 percent.

Top five countries from which Micronesia, Fed. Sts. imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Micronesia, Fed. Sts. imports from United States worth US$ 66 million, with a partner share of 41.32 percent.
  2. Micronesia, Fed. Sts. imports from Guam worth US$ 29 million, with a partner share of 18.01 percent.
  3. Micronesia, Fed. Sts. imports from Japan worth US$ 14 million, with a partner share of 8.81 percent.
  4. Micronesia, Fed. Sts. imports from Singapore worth US$ 13 million, with a partner share of 8.12 percent.
  5. Micronesia, Fed. Sts. imports from Korea, Rep. worth US$ 7 million, with a partner share of 4.10 percent.

Micronesia, Fed. Sts. Top 5 Productsexports imports at HS 6 digit level 2008

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 18,264.95 (US$ Thousands).
  2. Micronesia, Fed. Sts. exported Other nuts, fresh or dried, nes , worth 1,267.94 (US$ Thousands).
  3. Micronesia, Fed. Sts. exported Other food preparations, nes , worth 1,090.15 (US$ Thousands).
  4. Micronesia, Fed. Sts. exported Vegetable products used primarily for human con , worth 226.14 (US$ Thousands).
  5. Micronesia, Fed. Sts. exported Articles of wood, nes , worth 79.64 (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 39,589.42 (US$ Thousands).
  2. Micronesia, Fed. Sts. imported Broken rice , worth 7,153.62 (US$ Thousands).
  3. Micronesia, Fed. Sts. imported Automobiles with reciprocating piston engine di , worth 2,576.86 (US$ Thousands).
  4. Micronesia, Fed. Sts. imported Beer made from malt , worth 2,336.44 (US$ Thousands).
  5. Micronesia, Fed. Sts. imported Waters (incl. mineral and aerated), with added , worth 2,249.04 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Micronesia, Fed. Sts. in 2008 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 2008

Key Development Indicators of Micronesia, Fed. Sts. in 2008 are below

  • Micronesia, Fed. Sts. GDP in current US dollar was 263 million.
  • GNI per capita, Atlas method (current US$) was 2,470.00 .
  • Micronesia, Fed. Sts. Trade balance: as % of GDP was -62.65.
  • Trade balance in current US$ was -165.00 million.
  • Trade as percentage of GDP was 109.29 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2008

Trade Indicators for Micronesia, Fed. Sts. in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.35.
  • Index of export market penetration was 1.13.
  • World Growth in percentage was -59.29 and Micronesia, Fed. Sts. Country Growth was 12.34 .