Summary
- Exports
- $330million
- Imports
- $159million
- Trade balance
- +$171million
Products
What it exports
Frozen fish (96.3%) and fish fillets (1.3%) together make up 97.6% of its exports.
What it imports
Refined petroleum (16.6%) and poultry meat (4.5%) together make up 21.1% of its imports.
By Harmonized System chapter (87)
| Chapter | Exports | Imports |
|---|---|---|
| 03 · Fish and seafood | $322 million | $2 million |
| 85 · Electrical and electronic equipment | $3 million | $12 million |
| 90 · Precision and medical instruments | $1 million | $3 million |
| 88 · Aircraft and spacecraft | $463 thousand | $1 million |
| 76 · Aluminum | $427 thousand | $2 million |
| 84 · Mechanical machinery | $388 thousand | $15 million |
| 38 · Miscellaneous chemicals | $326 thousand | $407 thousand |
| 62 · Woven clothing | $302 thousand | $448 thousand |
| 05 · Other animal products | $277 thousand | $13 thousand |
| 16 · Prepared meat and fish | $260 thousand | $8 million |
| 39 · Plastics | $196 thousand | $6 million |
| 27 · Oil, gas and coal | $178 thousand | $28 million |
| 94 · Furniture and lighting | $83 thousand | $3 million |
| 63 · Home textiles and used clothing | $80 thousand | $893 thousand |
| 61 · Knitted clothing | $51 thousand | $447 thousand |
| 73 · Iron and steel products | $41 thousand | $4 million |
| 87 · Vehicles | $40 thousand | $10 million |
| 44 · Wood | $38 thousand | $2 million |
| 07 · Vegetables | $37 thousand | $152 thousand |
| 83 · Miscellaneous metal goods | $33 thousand | $422 thousand |
| 69 · Ceramics | $32 thousand | $288 thousand |
| 29 · Organic chemicals | $31 thousand | $530 thousand |
| 20 · Preserved fruit and vegetables | $18 thousand | $1 million |
| 74 · Copper | $16 thousand | $34 thousand |
| 42 · Leather goods and bags | $15 thousand | $189 thousand |
| 75 · Nickel | $13 thousand | $0 |
| 81 · Other base metals | $12 thousand | $44 thousand |
| 95 · Toys and sports gear | $12 thousand | $497 thousand |
| 34 · Soap and cleaning products | $11 thousand | $951 thousand |
| 30 · Pharmaceuticals | $11 thousand | $817 thousand |
| 08 · Fruit and nuts | $11 thousand | $682 thousand |
| 46 · Wicker and basketware | $9 thousand | $15 thousand |
| 68 · Stone, plaster and cement articles | $8 thousand | $1 million |
| 56 · Felt, nonwovens and rope | $7 thousand | $3 million |
| 48 · Paper and paperboard | $6 thousand | $2 million |
| 82 · Tools and cutlery | $5 thousand | $302 thousand |
| 64 · Footwear | $5 thousand | $559 thousand |
| 70 · Glass | $4 thousand | $264 thousand |
| 47 · Wood pulp | $3 thousand | $4 thousand |
| 24 · Tobacco | $3 thousand | $467 thousand |
| 28 · Inorganic chemicals | $2 thousand | $239 thousand |
| 25 · Salt, stone and cement | $1 thousand | $1 million |
| 67 · Feathers and artificial flowers | $1 thousand | $103 thousand |
| 40 · Rubber | $662 | $848 thousand |
| 22 · Beverages and spirits | $552 | $6 million |
| 65 · Hats | $456 | $15 thousand |
| 33 · Perfumes and cosmetics | $380 | $260 thousand |
| 89 · Ships and boats | $306 | $1 million |
| 49 · Books and printed matter | $199 | $351 thousand |
| 97 · Art and antiques | $66 | $0 |
| 35 · Glues, starches and enzymes | $54 | $57 thousand |
| 15 · Fats and oils | $24 | $657 thousand |
| 71 · Gems and precious metals | $7 | $14 thousand |
| 02 · Meat and offal | $0 | $10 million |
| 19 · Baked goods and cereal products | $0 | $6 million |
| 21 · Food preparations | $0 | $4 million |
| 72 · Iron and steel | $0 | $3 million |
| 04 · Dairy, eggs and honey | $0 | $3 million |
| 10 · Cereals | $0 | $2 million |
| 17 · Sugar and sweets | $0 | $2 million |
| 23 · Animal feed and food waste | $0 | $2 million |
| 32 · Dyes, paints and tanning agents | $0 | $1 million |
| 86 · Railway equipment | $0 | $1 million |
| 11 · Milling products and malt | $0 | $935 thousand |
| 54 · Synthetic filaments | $0 | $421 thousand |
| 96 · Other manufactured goods | $0 | $364 thousand |
| 18 · Cocoa and chocolate | $0 | $247 thousand |
| 60 · Knitted fabric | $0 | $105 thousand |
| 59 · Coated and technical textiles | $0 | $99 thousand |
| 52 · Cotton | $0 | $92 thousand |
| 93 · Weapons and ammunition | $0 | $80 thousand |
| 58 · Special fabrics and lace | $0 | $59 thousand |
| 55 · Synthetic staple fibers | $0 | $56 thousand |
| 57 · Carpets and rugs | $0 | $34 thousand |
| 12 · Oilseeds and grains | $0 | $31 thousand |
| 31 · Fertilizers | $0 | $27 thousand |
| 36 · Explosives and matches | $0 | $26 thousand |
| 91 · Watches and clocks | $0 | $19 thousand |
| 09 · Coffee, tea and spices | $0 | $14 thousand |
| 66 · Umbrellas and canes | $0 | $12 thousand |
| 14 · Other plant products | $0 | $8 thousand |
| 37 · Photographic goods | $0 | $7 thousand |
| 41 · Hides and leather | $0 | $6 thousand |
| 79 · Zinc | $0 | $6 thousand |
| 80 · Tin | $0 | $5 thousand |
| 92 · Musical instruments | $0 | $3 thousand |
| 53 · Other plant fibers | $0 | $584 |
Trading partners
Its main destination is Thailand (61.3% of exports) and its main source is the United States (26.1% of imports).
Who it sells to
| Partner | Value (USD millions) | Share | Mode |
|---|---|---|---|
| Thailand | 202 | 61.3% | Sea |
| China | 93 | 28.2% | Sea |
| Philippines | 16.8 | 5.1% | Sea |
| Japan | 6.5 | 2% | Sea |
| Ecuador | 4.5 | 1.4% | Sea |
| South Korea | 2.5 | 0.76% | Air |
| United States | 2 | 0.59% | Air |
| Malaysia | 0.46 | 0.14% | — |
| United Kingdom | 0.34 | 0.1% | — |
| France | 0.22 | 0.07% | — |
Who it buys from
| Partner | Value (USD millions) | Share | Mode |
|---|---|---|---|
| United States | 41.4 | 26.1% | Sea |
| Taiwan | 33.2 | 20.9% | Sea |
| China | 29.5 | 18.6% | Sea |
| Japan | 13.9 | 8.8% | Sea |
| Philippines | 7.2 | 4.5% | Sea |
| Australia | 6.6 | 4.1% | Sea |
| South Korea | 5.6 | 3.6% | Sea |
| Thailand | 4.4 | 2.8% | Sea |
| New Zealand | 3.9 | 2.4% | Sea |
| Singapore | 3.4 | 2.2% | Sea |
Overview 1995–2024
In 2024, Micronesia accounted for 0% of world exports, compared with 0% in 1995.
Exports and imports
Exports tripled since 1995
USD millions (current). Bars: trade balance (green surplus, red deficit).
- Exports 330
- Imports 159
- Balance +171
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $120 million | $54 million | $66 million |
| 1996 | $55 million | $51 million | $4 million |
| 1997 | $40 million | $58 million | -$18 million |
| 1998 | $41 million | $66 million | -$25 million |
| 1999 | $54 million | $56 million | -$2 million |
| 2000 | $68 million | $79 million | -$11 million |
| 2001 | $98 million | $78 million | $20 million |
| 2002 | $82 million | $100 million | -$19 million |
| 2003 | $94 million | $126 million | -$31 million |
| 2004 | $77 million | $158 million | -$81 million |
| 2005 | $56 million | $140 million | -$84 million |
| 2006 | $40 million | $160 million | -$120 million |
| 2007 | $32 million | $176 million | -$144 million |
| 2008 | $34 million | $185 million | -$151 million |
| 2009 | $57 million | $212 million | -$154 million |
| 2010 | $63 million | $175 million | -$111 million |
| 2011 | $58 million | $212 million | -$154 million |
| 2012 | $87 million | $237 million | -$150 million |
| 2013 | $43 million | $218 million | -$175 million |
| 2014 | $36 million | $138 million | -$102 million |
| 2015 | $23 million | $162 million | -$138 million |
| 2016 | $63 million | $171 million | -$108 million |
| 2017 | $96 million | $200 million | -$103 million |
| 2018 | $125 million | $122 million | $3 million |
| 2019 | $169 million | $121 million | $48 million |
| 2020 | $151 million | $133 million | $18 million |
| 2021 | $199 million | $124 million | $76 million |
| 2022 | $213 million | $149 million | $64 million |
| 2023 | $192 million | $170 million | $21 million |
| 2024 | $330 million | $159 million | $171 million |
World rank
Micronesia fell from 162nd to 174th among the world's exporters
Rank among 222 countries by export value (1st at the top).
- 162nd in 1995
- 174th in 2024
Source: CEPII BACI
Show the numbers
| Year | Rank |
|---|---|
| 1995 | 162nd |
| 1996 | 177th |
| 1997 | 185th |
| 1998 | 185th |
| 1999 | 182nd |
| 2000 | 183rd |
| 2001 | 174th |
| 2002 | 179th |
| 2003 | 182nd |
| 2004 | 188th |
| 2005 | 192nd |
| 2006 | 199th |
| 2007 | 201st |
| 2008 | 202nd |
| 2009 | 197th |
| 2010 | 197th |
| 2011 | 200th |
| 2012 | 200th |
| 2013 | 204th |
| 2014 | 202nd |
| 2015 | 208th |
| 2016 | 199th |
| 2017 | 195th |
| 2018 | 194th |
| 2019 | 189th |
| 2020 | 191st |
| 2021 | 190th |
| 2022 | 189th |
| 2023 | 189th |
| 2024 | 174th |
What it sells
Its top export group is still fish and seafood: 98% in 2024
% of exports by Harmonized System chapter.
- Other 0%
- Woven clothing 0%
- Miscellaneous chemicals 0%
- Mechanical machinery 0%
- Aluminum 0%
- Aircraft and spacecraft 0%
- Precision and medical instruments 0%
- Electrical and electronic equipment 1%
- Fish and seafood 98%
Source: CEPII BACI
Show the numbers
| Chapter | 1995 | 2024 |
|---|---|---|
| Fish and seafood | 90.3% | 97.7% |
| Electrical and electronic equipment | 0.02% | 0.93% |
| Precision and medical instruments | 0% | 0.32% |
| Aircraft and spacecraft | 0% | 0.14% |
| Aluminum | 0.02% | 0.13% |
| Mechanical machinery | 0% | 0.12% |
| Miscellaneous chemicals | 0% | 0.1% |
| Woven clothing | 5.4% | 0.09% |
| Other | 4.3% | 0.47% |
Who it trades with
China went from 1% to 25% of Micronesia's trade
% of total trade (exports + imports) with each partner.
- Thailand 42%
- China 25%
- United States 9%
- Taiwan 7%
- Philippines 5%
Source: CEPII BACI
Show the numbers
| Partner | 1995 | 2024 |
|---|---|---|
| Thailand | 20.5% | 42.3% |
| China | 0.97% | 25.1% |
| United States | 19.1% | 8.9% |
| Taiwan | 0% | 6.8% |
| Philippines | 0% | 4.9% |
Production hubs
Largest industrial emission sources (Climate TRACE, 2025)
No hubs above the globe threshold.
View on the globeLargest economic production hubs (gridded GDP, 2024)
No hubs above the globe threshold.
View on the globeSources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Climate TRACE · CC BY 4.0 (emissions by asset; the 3 largest per country are shown)
- Kummu et al., gridded GDP · CC BY 4.0 (hubs aggregated by this site)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.