Micronesia, Fed. Sts. Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.

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Year
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Micronesia, Fed. Sts.

2013

Overall Exports and Imports

Exports
Exports (in US$ Mil) 28
No. Of products 18
No. Of partners 5
Imports
Imports (in US$ Mil) 188
No. Of products 2,708
No. Of partners 64

Trade Indicator

HH Market concentration index0.26
Index of export market penetration1.15
World Growth1.18
Country Growth-30.46

Service Indicators 2021

Service imports (BoP, current US$)...
Service exports (BoP, current US$)...
Imports of goods and services (% of GDP)69.67
Exports of goods and services (% of GDP)23.83

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

Market Trade (US$ Mil) Partner share(%)
Unspecified22 79.83
Guam3 11.77
Northern Mariana Islands1 4.82
United States1 2.65
Marshall Islands0 0.93
Exporter Trade (US$ Mil) Partner share(%)
United States69 36.97
Guam41 22.07
Unspecified13 6.85
Japan13 6.72
Australia12 6.41

Micronesia, Fed. Sts. Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials27 97.34 15 7.96 ...
Intermediate goods0 0.79 18 9.68 ...
Consumer goods1 1.83 128 68.05 ...
Capital goods0 0.04 20 10.80 ...

Top 5 Products exports imports at HS 6 digit level

Exports
Frozen trout22,803.60
Other nuts, fresh or ...3,363.34
Vegetable products u ...451.43
Other food preparati ...351.27
Aquatic invertebrate ...173.74
Imports
Petroleum oils, etc, ...54,840.15
Broken rice9,120.64
Frozen cuts and offa ...4,387.56
Automobiles with rec ...3,873.83
DC motors, DC genera ...2,888.65

Tariff and Trade Barriers for Micronesia, Fed. Sts.

Tariffs

No. Of Tariff Agreement ...
Simple Average (%) ...
Duty Free Imports (US$ Thousand) ...
Maximum Rate (%) ...
Weighted Average (%) ...
Duty Free Tariff Lines Share (%) ...

Overall Trade Restrictiveness Index (OTRI)

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff...
Overall Trade Restrictiveness Index - Applied Tariff...

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2021 WDI »
Population112,640
GDP (current US$ Mil)404
GNI per capita, Atlas method (current US$)3,980.00
Trade Balance (current US$ Mil)-185.00
Trade Balance (% of GDP)-45.84

Doing Business

2019 Doing Business »
Ease of Doing Business Rank158
Trading Across Borders Rank65

Country Policy and Institutional Assessment (CPIA)

2018 CPIA »
CPIA Trade Ratings4

Logistics Performance Index (LPI)

LPI »
LPI Score...
LPI Rank...