2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$427MCURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP GROWTH
30.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$3,741CURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 74 / 186

About

Germany-Micronesia Trade: In 2022, Germany exported $66.7k to Micronesia. The main products that Germany exported to Micronesia were Household Washing Machines ($26.6k), Machinery Having Individual Functions ($19.2k), and Ink ($8.27k). Over the past 5 years the exports of Germany to Micronesia have decreased at an annualized rate of 4.86%, from $85.6k in 2017 to $66.7k in 2022.

In 2022, Germany did not export any services to Micronesia.

Micronesia-Germany Trade: In 2022, Micronesia exported $699k to Germany. The main products that Micronesia exported to Germany were Integrated Circuits ($617k), Non-Knit Women's Suits ($49.9k), and Molluscs ($14.9k). Over the past 5 years the exports of Micronesia to Germany have increased at an annualized rate of 120%,  from $13.6k in 2017 to $699k in 2022.

In 2022, Micronesia did not export any services to Germany.

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $66.7k to Micronesia. The main products exported from Germany to Micronesia were Household Washing Machines ($26.6k), Machinery Having Individual Functions ($19.2k), and Ink ($8.27k). During the last 5 years the exports of Germany to Micronesia have decreased at an annualized rate of 4.86%, from $85.6k in 2017 to $66.7k in 2022.

In 2017, Micronesia exported $699k to Germany. The main products exported from Micronesia to Germany were Integrated Circuits ($617k), Non-Knit Women's Suits ($49.9k), and Molluscs ($14.9k). During the last 5 years the exports of Micronesia to Germany have increased at an annualized rate of 120%, from $13.6k in 2022 to $699k in 2017.

Exports from Germany (Flag) to Micronesia (Flag) (2022)

Exports from Micronesia (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Micronesia
Top Destination
Thailand$143M

This map shows whether countries import more from Germany or Micronesia. Each country is colored based on the difference in imports they receive from Germany and Micronesia or the difference in the growth in imports.

In 2022, countries that imported more from Germany than Micronesia included United States ($153B), France ($120B), and China ($109B).

In 2022, no countries were registered that imported more from Micronesia than from Germany.

Difference in imports from Micronesia (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Micronesia

Flow
Scale

This chart compares trade between Germany and Micronesia by product, considering products traded by both, Germany and Micronesia.

During 2022, Germany had a large net trade with Micronesia in the exports of Machines ($53.7k), Chemical Products ($8.27k), and Arts and Antiques ($4.21k).

During 2017, Micronesia had a large net trade with Germany in the exports of Machines ($618k), Textiles ($66.3k), and Animal Products ($14.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Micronesia+N/AN/A
Top Product Potential Micronesia Germany+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and Micronesia. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Micronesia. Similarly, a dot/product with the flag of Micronesia indicates it has a comparative advantage over Germany.

Product Space of Germany (Flag) and Micronesia (Flag) (2022)

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