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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $699k in 2022.

In 2017, 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 2022 to $66.7k in 2017.

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

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

Latest Data

Trade between Micronesia (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Micronesia - Germany

Flow
Scale

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

During 2022, Micronesia had a large net trade with Germany in the exports of Machines ($618k), Textiles ($66.3k), and Animal Products ($14.9k).

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Micronesia Germany+N/AN/A
Top Product Potential Germany Micronesia+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 Micronesia and Germany. This means that a dot/product with the flag of Micronesia indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Micronesia.

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

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