Summary
- Largest supplier: United States
- 26.1%
- Concentration (HHI)
- 1,608
- Products with a supplier above 50%
- 26
- Products with a supplier above 75%
- 13
Concentration index (HHI): 1,608 out of 10,000; equivalent to splitting purchases among 6 suppliers of the same size
Trend
Trend in shares
Japan went from 30.7% to 8.8% of what Micronesia buys
Share (%)
- United States 26.1%
- Taiwan 20.9%
- China 18.6%
- Japan 8.8%
- Philippines 4.5%
Source: CEPII BACI
Show the numbers
| Year | Largest supplier | Share |
|---|---|---|
| 1995 | United States | 37% |
| 1996 | United States | 41.5% |
| 1997 | United States | 40.1% |
| 1998 | United States | 38.3% |
| 1999 | United States | 37.8% |
| 2000 | United States | 30.8% |
| 2001 | United States | 32.7% |
| 2002 | United States | 23.1% |
| 2003 | United States | 35.2% |
| 2004 | United States | 33.9% |
| 2005 | United States | 36.6% |
| 2006 | United States | 37.8% |
| 2007 | United States | 39% |
| 2008 | United States | 40.3% |
| 2009 | United States | 38.8% |
| 2010 | United States | 37.2% |
| 2011 | United States | 33.5% |
| 2012 | United States | 31.5% |
| 2013 | United States | 30.6% |
| 2014 | South Korea | 36.3% |
| 2015 | South Korea | 28.7% |
| 2016 | South Korea | 31% |
| 2017 | South Korea | 25.6% |
| 2018 | United States | 31% |
| 2019 | United States | 31.6% |
| 2020 | United States | 37.7% |
| 2021 | United States | 34.1% |
| 2022 | United States | 36.2% |
| 2023 | United States | 25.8% |
| 2024 | United States | 26.1% |
Its suppliers
Some of these goods may have been produced in another country: countries record origin in different ways.
Products with a dominant supplier
Of the 35 products Micronesia buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.
| Product | Supplier | Share | Second | Value |
|---|---|---|---|---|
| Refined petroleum | Taiwan | 94.3%over 75% | Singapore · 2.8% | $26 million |
| Poultry meat | United States | 99.4%over 75% | Taiwan · 0.34% | $7 million |
| Cars | Japan | 80.4%over 75% | China · 10.7% | $5 million |
| Prepared meat | United States | 66.8% | Australia · 20.7% | $3 million |
| Trucks | Japan | 70.2% | China · 21.5% | $3 million |
| Rope, twine and fishing nets | Taiwan | 92.7%over 75% | Japan · 6.3% | $2 million |
| Bulldozers and excavators | China | 58.2% | Australia · 29.6% | $2 million |
| Refrigerators, freezers and heat pumps | Japan | 57.1% | China · 18.1% | $2 million |
| Pork | United States | 98.9%over 75% | Taiwan · 1.1% | $2 million |
| Control panels | New Zealand | 78.7%over 75% | Taiwan · 6.1% | $2 million |
| Plastic tableware and household items | China | 52.8% | Singapore · 43.3% | $2 million |
| Rice | Taiwan | 73.9% | United States · 19.5% | $2 million |
| Phones and telecom equipment | United States | 73.1% | Australia · 24.3% | $2 million |
| Computers | China | 83.1%over 75% | United States · 8% | $2 million |
| Steel bars | South Korea | 94.8%over 75% | China · 4.3% | $2 million |
| Pet and animal feed | United States | 73% | Australia · 25.5% | $2 million |
| Eggs in shell | United States | 99.9%over 75% | Taiwan · 0.13% | $1 million |
| Cane and beet sugar | Thailand | 94.5%over 75% | Malaysia · 3.2% | $1 million |
| Toilet paper and tissues | China | 63.9% | Philippines · 21% | $1 million |
| Frozen fish | China | 98.1%over 75% | United States · 1.5% | $1 million |
| Ice cream | United States | 86.8%over 75% | Philippines · 6% | $1 million |
| Sawn wood | United States | 68.5% | New Zealand · 27.5% | $1 million |
| Natural gas and LPG | China | 51.9% | South Korea · 48.1% | $1 million |
| Shipping containers | Australia | 93.9%over 75% | China · 4.4% | $1 million |
| Furniture | China | 54.5% | United States · 17.4% | $1 million |
and 1 more
A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.
Selling: who it relies on
- Largest customer: Thailand
- 61.3%
- Concentration (HHI)
- 4,583
Concentration index (HHI): 4,583 out of 10,000; equivalent to splitting sales among 2 customers of the same size
Trend in shares
Japan went from 59.1% to 2% of what Micronesia sells
Share (%)
- Thailand 61.3%
- China 28.2%
- Philippines 5.1%
- Japan 2%
- Ecuador 1.4%
Source: CEPII BACI
Show the numbers
| Year | Largest customer | Share |
|---|---|---|
| 1995 | Japan | 59.1% |
| 1996 | Japan | 59% |
| 1997 | Japan | 46.8% |
| 1998 | Japan | 42.2% |
| 1999 | Thailand | 49% |
| 2000 | Thailand | 50.4% |
| 2001 | Thailand | 58.4% |
| 2002 | Thailand | 49.1% |
| 2003 | Thailand | 55.1% |
| 2004 | Thailand | 56.4% |
| 2005 | Thailand | 77.1% |
| 2006 | Thailand | 60.7% |
| 2007 | Thailand | 30.7% |
| 2008 | Thailand | 51.6% |
| 2009 | Thailand | 49.5% |
| 2010 | Thailand | 35% |
| 2011 | Thailand | 51.3% |
| 2012 | Thailand | 51.4% |
| 2013 | Thailand | 41.1% |
| 2014 | Thailand | 38.6% |
| 2015 | Thailand | 51.2% |
| 2016 | Thailand | 58.2% |
| 2017 | Thailand | 68.4% |
| 2018 | Thailand | 55.3% |
| 2019 | Thailand | 71% |
| 2020 | Thailand | 77.3% |
| 2021 | Thailand | 80.4% |
| 2022 | Thailand | 78.7% |
| 2023 | Thailand | 63.1% |
| 2024 | Thailand | 61.3% |
3 of the 3 products Micronesia sells for more than $1 million have a customer buying more than 50% of what Micronesia sells of that product; in 2, more than 75%. In those products, sales to each one’s dominant customer add up to 63.4% of what Micronesia sells.
| Product | Customer | Share | Second | Value |
|---|---|---|---|---|
| Frozen fish | Thailand | 63.6% | China · 29.2% | $318 million |
| Fish fillets | Japan | 99.5%over 75% | South Korea · 0.47% | $4 million |
| Parts for broadcast equipment | South Korea | 100%over 75% | South Africa · 0.02% | $2 million |
Concentration compared
The closest countries in the concentration ranking (HHI, highest first).
| Rank | Country | HHI |
|---|---|---|
| 78 | Macao | 1,630 |
| 79 | Honduras | 1,628 |
| 80 | Micronesia | 1,608 |
| 81 | Namibia | 1,597 |
| 82 | Kazakhstan | 1,580 |
| 83 | Sudan | 1,537 |
Links
Sources and method
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.
Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.
The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.
Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.
The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.
Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.